$1,550,000

Estimated payment $9,680/month

1 Bed
2 Baths
2,272 Sq Ft
$682 Price per Sq Ft

Highlights

  • No HOA
  • No Heating
  • 1-Story Property
  • Rectangular Lot

About This Home

We are pleased to present 1704-12 B AVE, NATIONAL CITY, CA 91950 is a 5-unit multifamily investment consisting of one building totaling approximately 2,272 square feet constructed in 1955 on a 4,827 square foot lot. The unit mix consists of (4) 1+1, (1) Studio and street parking spaces. The building is walking distance to Kimball Park, National City Public Library, John A Otis Elementary and a short drive or bike ride to restaurants, grocery and errands. 1704-12 B AVE, NATIONAL CITY, CA 91950 is included in a portfolio of seven, multifamily real estate investments totaling 39 units, located in South and Central San Diego County: Spring Valley, San Diego, Chula Vista and National City. Visit the following address for more information on each property. 1313-19 E 9TH STREET, NATIONAL CITY, CA 91950 – 4 units 1121 E 6TH STREET, NATIONAL CITY, CA 91950 – 7 units 4154-58 ESTRELLA AVE, SAN DIEGO, CA 92105 - 6 units 9924-34 BUENA VISTA AVE, SPRING VALLEY, CA 91977 - 7 units 1704-12 B AVE, NATIONAL CITY, CA 91950 - 5 units 3753-59 N 42ND ST, SAN DIEGO, CA 92105 – 5 units 678 JEFFERSON AVE, CHULA VISTA, CA 91910 – 5 units The offering can be sold together or separate. Please do not walk on the property or talk to the tenants, ownership or management without Listing Agents approval.

Listing Agent

Eric von Bluecher

Lee & Associates Brokerage Email: evb@lee-associates.com License #01926201 Listed on: 12/05/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 4,827 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 2,272 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 6-045
  • Tax Tract Number 117
  • Assessor Parcel Number 5601521200

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,332
  • Fuel Expense $1,502
  • Insurance Expense $3,250
  • Professional Management Expense $4,952
  • Trash Expense $3,922
  • Water Sewer Expense $1,574
  • New Taxes Expense $18,150
  • Operating Expense $45,270
  • Gross Income $96,065
  • Net Operating Income $50,795

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 3.39
  • Professional Management Expense: 4952.00
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 1574.00
  • Zoning: buyer verify
  • Property Type: Residential Income
  • Parcel Number: 5601521200
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 682.22

Exterior Features

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

Garage/Parking

  • Parking: No

Utilities

  • Heating: No
  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 3922.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 4827.00
  • Lot Size Acres: 0.1108

Multi Family

  • Electric Expense: 2332.00
  • Fuel Expense: 1502.00
  • Gross Income: 96065.00
  • Gross Scheduled Income: 99036.00
  • Insurance Expense: 3250.00
  • Lot Size Area: 4827.0000 Square Feet
  • Net Operating Income: 50795.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 45270.00
  • Rent Control: No
  • Total Expenses: 45270.00

Tax Info

  • New Taxes Expense: 18150.00
  • Tax Lot: 6-045
  • Tax Tract Number: 0117.0

Map

Range of Values:

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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
12/05/2025 12/05/25 For Sale $1,550,000 -- $682 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2511293

California Regional Multiple Listing Service (CRMLS)

APN: 560-152-12-00