NOT LISTED FOR SALE
8 Beds
4 Baths
-- Sq Ft
7,635 Sq Ft Lot

Last Sold May 22, 2020

Last sale price $685,000

51 Days on Market

About This Home

As of May 2020

BACK ON THE MKT**REDUCED $20K!!**OPPORTUNITY KNOCKS!! SEE SUPPLEMENT**Two 4BR/2BA Single Family Homes on 1 large lot**Front House was built in 1950's, Back House was built in 2007**Lot is properly zoned for two single family dwellings**Each house has its own gas meter & elec meter & One water meter with sub meter**Front house is on raised post & pier foundation - back house is on slab foundation with HVAC in attic**Great Investment property**Back House has A/C - Front House does not** Front house is on post and pier foundation and needs 2 beams replaced under the house & stemwall reinforced**The Seller has a bid to repair foundation for $11,300 total and has reduced the price $20K**Great opportunity to buy this property below market! Neighborhoods: National City Exterior: Wood/Stucco Other Fees: 0 Unit # for Unit 1: 4250 Unit # for Unit 2: 4252 Unit 1 Parking Spaces: 0 Unit 2 Parking Spaces: 0 Unit 3 Parking Spaces: 0 Unit 4 Parking Spaces: 0 Number of Furnished Units: 0

Last Agent to Sell the Property

Matt Battiata

eXp Realty of Southern CA License #01254483 Listed on: 01/18/2020

eXp Realty of Southern CA

Last Buyer's Agent

Tu Ngo

Cali Home Realty & Mortgage License #02097274

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 7,635

Home Design

  • Composition Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • 1-Story Property
  • 7,635 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Tenant pays for sewer, water, cable TV, electricity, gas
  • Assessor Parcel Number 5515632300

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Two 4BR/2BA Homes on 1 Lot

Building Details

  • Net Operating Income $53,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • CapRate: 7.50
  • Park Name: Two 4BR/2BA Homes on 1 Lot
  • Subdivision Name Other: National City
  • Zoning: R-2:MINOR
  • Property Type: Residential Income
  • Parcel Number: 5515632300
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Levels: One

Exterior Features

  • Roof: Composition

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 7635.00
  • Lot Size Acres: 0.1800

Rental Info

  • Tenant Pays: Sewer, Water, Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 60000.00
  • Lot Size Area: 7635.0000 Square Feet
  • Net Operating Income: 53000.00
  • Number Of Units Total: 2
  • Number With Dishwasher: 1
  • Number With Range: 2
  • Number With Refrigerator: 2

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
05/22/2020 05/22/20 Sold $685,000 -8.7% --
03/09/2020 03/09/20 Pending -- -- --
01/18/2020 01/18/20 For Sale $750,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 200003107

California Regional Multiple Listing Service (CRMLS)

APN: 551-563-23-00