NOT LISTED FOR SALE
8 Beds
5 Baths
-- Sq Ft
1972 Built

Last Sold December 28, 2018

Last sale price $875,000

29 Days on Market

Highlights

  • Corner Lot
  • Partially Fenced Property
  • Gravity Heating System

About This Home

As of December 2018

Best value in South Bay! Superior unit mix is a permanent advantage. A new pitched roof was installed in 2010. Tenants pay to heat water so there is no gas or electric bill. There is a leased laundry room onsite. The quiet residential neighborhood provides comfort to tenants. Private fenced in yards enhance tenants' enjoyment and provide more private space. It is nearby to schools, shopping and major freeways. In November National City will vote on a rent control measure.

Last Agent to Sell the Property

Terry Moore

ACI Apartments License #00918512 Listed on: 10/16/2018

Co-Listed By

Kiley Berlinski

Kiley E. Berlinski License #01962341

Last Buyer's Agent

Hui Wang

Nautilus Real Estate License #01855393

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 6,228 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Utilities

  • Gravity Heating System
  • Separate Water Meter
  • Gas Water Heater

Community Details

  • 4 Units
  • Net Operating Income $48,450

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 560-291-14-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: E 20th St.
  • Neighborhood: Rancho De La Nacion
  • LP / Sq Ft: 16.47
  • Stories: 2 Story
  • Sale Price List Price: 0.97
  • Total Stories: 2
  • Year Built: 1972
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U2: 1
  • Prkng Non Garage Spac U3: 1
  • Prkng Non Garage Spac U4: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Community: NATIONAL CITY

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Corner Lot
  • Assessor Parcel Number: 560-291-14-00
  • Estimated Lot Sq Ft: 6228

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 48450
  • Annual Expense Actual: 20210
  • Annual Expense Projected: 20210
  • Gross Rent Multiplier Actual: 12.5
  • Gross Rent Multiplier Projected: 11.5
  • Gross Sched Income Actual: 71520
  • Gross Sched Income Projected: 77820
  • Number Of Buildings: 1
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Other Income Actual: 1020
  • Other Income Projected: 1020.0

Range of Values:

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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
12/28/2018 12/28/18 Sold $875,000 -2.5% --
11/15/2018 11/15/18 Pending -- -- --
10/16/2018 10/16/18 For Sale $897,500 -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 180057966

San Diego MLS

APN: 560-291-14-00