NOT LISTED FOR SALE
5 Beds
3 Baths
1,670 Sq Ft
5,323 Sq Ft Lot

Last Sold September 13, 2024

Last sale price $925,000 $554 Per Sq Ft

27 Days on Market

Highlights

  • Private Yard
  • Park
  • Rectangular Lot
  • No HOA
  • Laundry Room
  • 5-minute walk to Kimball Park

About This Home

As of September 2024

Don’t miss this opportunity to own this impeccably maintained and beautifully renovated 3 unit investment property in National City. The property includes 3 detached homes including (2) 2 bed, 1 bath, and (1) 1 bed, 1 bath, each with a private outdoor space, individual laundry hookups, separate SDGE meter/Water Submeter, and ample off-street parking. With the abundant outdoor space there may even be room for an ADU! Each home is easy to access from either B Ave or from the double alley access - making this feel like a corner lot! Whether you’re looking for a family compound or an investment property, this one is not to miss. The central National City location cannot be beat with Kimball Park featuring the Boys and Girls club and the library across the street, and National City Middle School and the elementary school around the corner.

Last Agent to Sell the Property

Kate Gillingham Milke

Coronado Island Realty Brokerage Email: kate@coronado-realty.com License #01782461 Listed on: 06/17/2024

Last Buyer's Agent

Stephanie Nisan

The Stoz Group License #01873309

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 5,322 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot
  • Private Yard

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 1,670 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Additional Features

  • Urban Location
  • No Heating

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 1531
  • Assessor Parcel Number 5601612200
  • $1,475 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Recreation

  • Park

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,300
  • Trash Expense $1,980
  • New Taxes Expense $12,400
  • Operating Expense $7,476
  • Gross Income $59,640
  • Net Operating Income $52,164

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

5,322 Sq Ft Lot

Listing Details

  • Assessments: No
  • CapRate: 4.75
  • Property Attached: No
  • View: No
  • Zoning: COMMERCIAL
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5601612200
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 553.89

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 5.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Outside
  • Trash Expense: 1980.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Urban, Park

Lot Info

  • Land Lease: No
  • Lot Features: Rectangular Lot, Yard
  • Lot Size Sq Ft: 5322.00
  • Lot Size Acres: 0.1222

Multi Family

  • Gross Income: 59640.00
  • Gross Scheduled Income: 59640.00
  • Insurance Expense: 1300.00
  • Lot Size Area: 5322.0000 Square Feet
  • Net Operating Income: 52164.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 7476.00
  • Rent Control: No
  • Total Expenses: 7476.00

Tax Info

  • New Taxes Expense: 12400.00
  • Tax Lot: 22
  • Tax Tract Number: 001531
  • TaxOtherAnnualAssessmentAmount: 1475.36
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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 List to Sale Price per Sq Ft
09/13/2024 09/13/24 Sold $925,000 -7.4% $554 / Sq Ft
07/14/2024 07/14/24 Pending -- -- --
06/27/2024 06/27/24 Price Changed $999,000 -9.1% $598 / Sq Ft
06/17/2024 06/17/24 For Sale $1,099,000 -- $658 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2403545

California Regional Multiple Listing Service (CRMLS)
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