Karlee Vandyke
Compass
(858) 293-4318
102 Total Sales
1 in National City
$670,000 Price
702 R Ave National City, CA 91950
National City Area
4
Beds
2
Baths
10,958
Sq Ft
0.81
Acre Lot
About This Home
As of September 2021Epic opportunity to take this turnkey single-story 12-unit gem to the next level! All units are 2br/1ba and have upgraded granite kitchens and baths, 36-inch wide interior doors (handicap-friendly), walk-in closets, newer front doors, and an extra storage unit for each! Utilities paid by the tenants who enjoy a fantastic garden setting on almost an acre of land with ample parking too (18 spaces). Rents were just raised, and as of July 1, 2021 the GSI is $230,800. There is rent control of 5% + CPI (1.8% this year) = 6.8% which is about the same as the market's average increase anyway. Please do not bother the tenants - some of which have been there 10-20 years.
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Property Details
Home Type
- Multi-Family
Lot Details
- 0.81
Home Design
- Stucco
Interior Spaces
- 4 Bedrooms
- 10,958 Sq Ft Home
- 1-Story Property
Parking
- 18 Parking Spaces
- Parking Available
Additional Features
- Lot Dimensions are 159 x 224
- Number of ADU Units: 6
Listing and Financial Details
- Total Actual Rent $226,800
Community Details
Overview
- 12 Units
Building Details
- 12 Leased Units
- Operating Expense $53,408
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 25, 2021
Closed on
Aug 3, 2021
Sold by
Alcasid Family Trust and Alcasid Michelle C
Bought by
Seller's Agent
Jim Klinge
Compass
Buyer's Agent
Farid Khayamian
Bluxen, Inc.
List Price
$3,750,000
Sold Price
$3,500,000
Premium/Discount to List
-$250,000
-6.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,920,000
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 15, 1986
Home Values in the Area
Average Home Value in this Area
Agents Specializing in National City, CA
-
Karlee Vandyke
-
Delta Sivonsay
Delta Sivonsay
ShoppingSDHouses
(760) 509-2765
55 Total Sales
1 in National City
$635,000 Price
-
Andrew Temple
Andrew Temple
Coldwell Banker West
(619) 492-4170
31 Total Sales
1 in National City
$526,516 Price
-
Rhiza Trinidad
Rhiza Trinidad
Coldwell Banker West
(858) 737-1366
66 Total Sales
3 in National City
$448K - $620K Price Range
-
Alice Greliak
Alice Greliak
Responds QuicklyCompass
(844) 577-5519
113 Total Sales
2 in National City
$595K - $705K Price Range
-
Kimberly Schmidt
Kimberly Schmidt
Compass
(619) 375-5981
168 Total Sales
1 in National City
$800,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $3,500,000 | First American Title | ||
| -- | $470,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | -- | $1,920,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/30/2021 09/30/21 | Sold | $3,500,000 | -6.7% | $319 / Sq Ft |
| 07/07/2021 07/07/21 | Pending | -- | -- | -- |
| 06/28/2021 06/28/21 | For Sale | $3,750,000 | -- | $342 / Sq Ft |
Source: San Diego MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $49,610 | $3,788,511 | $1,407,161 | $2,381,350 |
| 2025 | $49,610 | $3,714,227 | $1,379,570 | $2,334,657 |
| 2024 | $47,667 | $3,641,400 | $1,352,520 | $2,288,880 |
| 2023 | $47,019 | $3,570,000 | $1,326,000 | $2,244,000 |
| 2022 | $46,871 | $864,680 | $367,943 | $496,737 |
| 2021 | $15,236 | $864,680 | $367,943 | $496,737 |
| 2020 | $14,342 | $855,815 | $364,171 | $491,644 |
| 2019 | $13,900 | $839,035 | $357,031 | $482,004 |
| 2018 | $13,356 | $822,584 | $350,031 | $472,553 |
| 2017 | $12,844 | $806,456 | $343,168 | $463,288 |
| 2016 | $12,591 | $790,644 | $336,440 | $454,204 |
| 2015 | $12,483 | $778,769 | $331,387 | $447,382 |
| 2014 | $12,073 | $763,515 | $324,896 | $438,619 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Klinge
Seller's Agent in 2021
Jim Klinge
Compass
(858) 997-3801
105 Total Sales
-
Farid Khayamian
Buyer's Agent in 2021
Farid Khayamian
Bluxen, Inc.
(858) 535-0000
106 Total Sales
Map
Source: San Diego MLS
MLS Number: 210018004
APN: 557-120-40-00
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