NOT LISTED FOR SALE

1821 B Ave National City, CA 91950

7 Beds
4 Baths
-- Sq Ft
1957 Built

Last Sold September 18, 2020

Last sale price $660,000

8 Days on Market

About This Home

As of September 2020

The 1821 B Ave value add triplex is located just east of Interstate 5 in National City, CA. Built-in 1957, the property is a 3-unit property, comprised of detached single-family home Three-bedroom / two-bath and duplex to the side consisting of 2 two-bedroom /one- bathroom units on an 8,702 square foot lot. There is potential to convert a 2 car garage into an ADU. Property is separately metered for water gas and electric making it an attractive low maintenance investment. This property offers a solid base for an investor to complete their own renovations and capitalize on the rents this location can produce.

Last Agent to Sell the Property

Ivan Ramos

Crescent Bay Properties License #02008339 Listed on: 08/05/2020

Last Buyer's Agent

Ivan Ramos

Crescent Bay Properties License #02008339 Listed on: 08/05/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Parking

  • Alley Access

Home Design

  • Rolled or Hot Mop Roof

Additional Features

  • 1-Story Property
  • 8,702 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for water, electricity, gas/propane
  • Assessor Parcel Number 560-221-03-00

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Triplex Community

Building Details

  • Net Operating Income $22,048

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: 18th St
  • Neighborhood: B Ave
  • Supplement: This property offers a solid base for an investor to complete their own renovations and capitalize on the rents this location can produce.
  • LP / Sq Ft: 13.97
  • Stories: 1 Story
  • Sale Price List Price: 1.06
  • Total Stories: 1
  • Year Built: 1957
  • 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: Wood/Stucco
  • Roof: Rolled/Hot Mop

Condo/Co-op/Association

  • Complex Name: Triplex
  • Community: NATIONAL CITY

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Site: Alley Access, Public Street
  • Assessor Parcel Number: 560-221-03-00
  • Estimated Lot Sq Ft: 8702

Rental Info

  • Tenant Pays: Water, Electricity, Gas/Propane

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 22048
  • Annual Expense Actual: 9962
  • Annual Expense Projected: 9962
  • Gross Rent Multiplier Actual: 18.9
  • Gross Rent Multiplier Projected: 11.1
  • Gross Sched Income Actual: 33000
  • Gross Sched Income Projected: 56400
  • Number Of Buildings: 2
  • Number Of Units With Dryers: 3
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 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
09/18/2020 09/18/20 Sold $660,000 +5.6% --
08/14/2020 08/14/20 Pending -- -- --
08/05/2020 08/05/20 For Sale $625,000 -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2020

    Ivan Ramos

    Crescent Bay Properties

See All Agents

Map

Source: San Diego MLS

MLS Number: 200037270

San Diego MLS

APN: 560-221-03-00

California San Diego County National City 91950

1821 B Ave, National City, CA

This home is located at 1821 B Ave, National City, CA 91950 since 05 August 2020. This property was built in 1957. 1821 B Ave is a home located in San Diego County with nearby schools including Kimball School, National City Middle School, and Sweetwater High School.

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