NOT LISTED FOR SALE

631 E 6th St National City, CA 91950

5 Beds
4 Baths
2,408 Sq Ft
1952 Built

Last Sold December 15, 2015

Last sale price $635,000 $264 Per Sq Ft

97 Days on Market

About This Home

As of December 2015

Remarkable rental with 100% occupancy. Tenants love the easy freeway access and close proximity to transportation, shops and schools. What they really love about this building, however, is the condo-feel to the apartments... recessed lighting, mirrored closet doors, ceiling fans, and, their own private garage! What you will love about this investment is the well-maintained condition of the building, the current profitability, and the reasonably anticipated upside in income and appreciation. Hurry!

Last Agent to Sell the Property

Diane Oliver

Berkshire Hathaway HomeServices California Properties License #01864654 Listed on: 08/21/2015

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Lynn Guidi

Pacific View Real Estate License #01475895

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • Property is Fully Fenced

Property Views

  • City Lights
  • Mountain

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Window Bars

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units
  • Net Operating Income $30,597

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 556-233-22-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: G Ave.
  • Neighborhood: National City
  • Stories: 2 Story
  • Sale Price List Price: 0.96
  • Total Stories: 2
  • Year Built: 1952
  • 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: Stucco
  • Fencing: Full
  • Roof: Composition
  • View: City, Evening Lights, Mountains/Hills

Utilities

  • Security: Security Bars
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Community: NATIONAL CITY

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 556-233-22-00
  • Land Use Code: N/K

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 30597
  • Annual Expense Actual: 10803
  • Gross Rent Multiplier Actual: 15.92
  • Gross Rent Multiplier Projected: 14.26
  • Gross Sched Income Actual: 41400
  • Gross Sched Income Projected: 46200
  • Number Of Buildings: 1
  • Number Of Units With Garage: 4
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4

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
12/15/2015 12/15/15 Sold $635,000 -3.6% $264 / Sq Ft
11/24/2015 11/24/15 Pending -- -- --
08/19/2015 08/19/15 For Sale $659,000 -- $274 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    Diane Oliver

    Berkshire Hathaway HomeServices California Properties

    (858) 459-0501

    1 in this area

    7 Total Sales

    Section Image
  • Lynn Guidi

    Buyer's Agent in 2015

    Lynn Guidi

    Pacific View Real Estate

    (619) 890-9514

    30 Total Sales

    Section Image
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Map

Source: San Diego MLS

MLS Number: 150046105

San Diego MLS

APN: 556-233-22-00

California San Diego County National City 91950

631 E 6th St, National City, CA

This home is located at 631 E 6th St, National City, CA 91950 since 21 August 2015. This property was built in 1952. 631 E 6th St is a home located in San Diego County with nearby schools including Central Elementary School, National City Middle School, and Sweetwater High School.

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