NOT LISTED FOR SALE
5 Beds
2 Baths
2,128 Sq Ft
1974 Built

Last Sold September 27, 2023

Last sale price $900,000 $423 Per Sq Ft

10 Days on Market

About This Home

As of September 2023

Your client will want to see these homes! Excellent corner lot located in the Olivewood area of National City. Both homes offer laundry, yard, and parking. Each home faces an opposite street providing the tenants with additional privacy. Come see the opportunity that awaits!

Last Agent to Sell the Property

Daniel Perez

Home Pacific Real Estate License #01939770 Listed on: 08/04/2023

Last Buyer's Agent

Alex Ortega

Premier Agency R.E. Inc License #01321114

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Home Design

  • Composition Roof
  • Stucco Exterior

Schools

  • National School District Elementary And Middle School
  • Sweetwater Union High School District

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas

Additional Features

  • 1-Story Property
  • Property is Fully Fenced

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 561-323-10-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $48,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: E 23rd St
  • Neighborhood: National City
  • Stories: 1 Story
  • Sale Price List Price: 1.0
  • Total Stories: 1
  • Year Built: 1974
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Utilities

  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: NATIONAL CITY

Schools

  • School District URL: http://www.suhsd.k12.ca.us/
  • Elementary School: National School District
  • Elementary School Website: http://nsd.us/
  • High School: Sweetwater Union High School District
  • Middle School Url: http://nsd.us/
  • Middle School: National School District

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 561-323-10-00

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 48000
  • Annual Expense Actual: 12000
  • Gross Rent Multiplier Actual: 12.3
  • Gross Sched Income Actual: 60000
  • Number Of Buildings: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Range of Values:

Collateral Analytics

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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
09/27/2023 09/27/23 Sold $900,000 0.0% $423 / Sq Ft
08/18/2023 08/18/23 Price Changed $900,000 +21.8% $423 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
08/05/2023 08/05/23 For Sale $739,000 -17.9% $347 / Sq Ft
08/04/2023 08/04/23 Off Market $900,000 -- --
08/04/2023 08/04/23 For Sale $739,000 -- $347 / Sq Ft
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: 230015096

San Diego MLS

APN: 561-323-10-00