NOT LISTED FOR SALE

1044 Paradise Dr National City, CA 91950

Lincoln Acres Neighborhood
5 Beds
3 Baths
2,430 Sq Ft
0.26 Acres

Last Sold April 14, 2016

Last sale price $490,000 $202 Per Sq Ft

175 Days on Market

About This Home

As of April 2016

**BACK ON MARKET & PRICE REDUCED*** CASH AND CONVENTIONAL BUYER ONLY! 3 cash flow units! 2 of the 2BR/1BT units have been completely renovated to have high end amenities. Renovated units have stainless steel appliances, granite counter top, new cabinets, recess lighting, wood laminate flooring, tile flooring, new carpets, granite vanities, & floor to ceiling tile showers. The large 1br/bt is a perfect opportunity for someone to live in and cash flow. Property is 6.0% Cap Rate w/ incredible cash flow!!

Last Agent to Sell the Property

Jordan Concepcion

Apartment Realty Group (ARG) License #01936834 Listed on: 10/14/2015

Last Buyer's Agent

Lisa Bohlken

Keller Williams San Diego Metro License #01889698

Keller Williams San Diego Metro

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 0.26 Acre Lot
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Listing and Financial Details

  • Tenant pays for trash, cable TV, electricity, gas/propane
  • Assessor Parcel Number 557-280-39-00

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Net Operating Income $30,652

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: Plaza Blvd and Grove
  • Neighborhood: National City
  • Stories: 2 Story
  • Sale Price List Price: 0.95
  • Total Stories: 2
  • Year Built: 1946
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Composition

Condo/Co-op/Association

  • Community: NATIONAL CITY

Lot Info

  • Lot Size: .25 to .5 AC
  • Water District: SWEETWATER AUTHORITY
  • Zoning: R-2
  • Assessor Parcel Number: 557-280-39-00
  • Land Use Code: R-2
  • Estimated Lot Sq Ft: 11315
  • Water District URL: http://www.sweetwater.org

Rental Info

  • Tenant Pays: Trash, Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 30652
  • Annual Expense Actual: 14453
  • Gross Rent Multiplier Actual: 11.1
  • Gross Sched Income Actual: 46500
  • Number Of Buildings: 2
  • Number Of Units With Dryers: 3
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 3

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2016 04/14/16 Sold $490,000 -10.7% $202 / Sq Ft
04/05/2016 04/05/16 Pending -- -- --
10/13/2015 10/13/15 For Sale $549,000 +56.9% $226 / Sq Ft
03/19/2014 03/19/14 Sold $350,000 0.0% $167 / Sq Ft
02/20/2014 02/20/14 Pending -- -- --
01/22/2014 01/22/14 For Sale $350,000 -- $167 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jordan Concepcion

    Seller's Agent in 2016

    Jordan Concepcion

    Apartment Realty Group (ARG)

    (858) 720-1900

    37 Total Sales

    Jordan Concepcion
    Section Image
  • Lisa Bohlken

    Buyer's Agent in 2016

    Lisa Bohlken

    Keller Williams San Diego Metro

    (619) 890-3945

    87 Total Sales

    Lisa Bohlken
    Section Image

  • O

    Seller's Agent in 2014

    Omar Sevilla

    Century 21 Affiliated

    Section Image
  • Claudia Williams

    Buyer's Agent in 2014

    Claudia Williams

    Premier Agency R.E. Inc

    (619) 887-0603

    28 Total Sales

    Claudia Williams
    Section Image
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Map

Source: San Diego MLS

MLS Number: 150055653

San Diego MLS

APN: 557-280-39-00

California San Diego County National City 91950 Lincoln Acres

1044 Paradise Dr, National City, CA

This home is located at 1044 Paradise Dr, National City, CA 91950 since 14 October 2015. This property was built in 1946. 1044 Paradise Dr is a home located in San Diego County with nearby schools including Palmer Way, Granger Junior High School, and Sweetwater High School.

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