NOT LISTED FOR SALE

704-10 G Ave National City, CA 91950

8 Beds
4 Baths
2,704 Sq Ft
1948 Built

Last Sold December 03, 2020

Last sale price $926,000 $342 Per Sq Ft

7 Days on Market

About This Home

As of December 2020

We are pleased to present this extremely well located (4) unit property - One block from 8th Ave downtown strip (EXTREMELY WALKABLE) and less than one and half miles from the San Diego bay. There is real & immediate upside potential here for an investor willing to make cosmetic improvements to the units. 704 G Ave consists of (4) Identical two bedroom / one bath units. Tenants here enjoy the quiet neighborhood atmosphere while having the ability to accomplish most errands on foot.

Last Agent to Sell the Property

Jeff Diller

Bridgepoint Realty Inc License #01959483 Listed on: 10/01/2020

Last Buyer's Agent

Justin Roberts

Cal State Realty Services License #01294574

Cal State Realty Services

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 556-353-14-00

Community Details

Overview

  • 4 Units
  • 704 G Ave Community

Building Details

  • Net Operating Income $32,531

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: E 7th and G Ave
  • Neighborhood: National City
  • LP / Sq Ft: 15.91
  • Stories: 2 Story
  • Sale Price List Price: 1.03
  • Total Stories: 2
  • Year Built: 1948
  • 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
  • Roof: Composition

Condo/Co-op/Association

  • Complex Name: 704 G Ave
  • Community: NATIONAL CITY

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 556-353-14-00

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 32531
  • Annual Expense Actual: 22669
  • Annual Expense Projected: 25100
  • Gross Rent Multiplier Actual: 16.0
  • Gross Rent Multiplier Projected: 10.7
  • Gross Sched Income Actual: 55200
  • Gross Sched Income Projected: 84000
  • Number Of Buildings: 1
  • Number Of Units With Patios: 4
  • 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
12/03/2020 12/03/20 Sold $926,000 +3.0% $342 / Sq Ft
10/09/2020 10/09/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $899,000 -- $332 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jeff Diller

    Seller's Agent in 2020

    Jeff Diller

    Bridgepoint Realty Inc

    (858) 729-3094

    2 in this area

    31 Total Sales

    Jeff Diller
    Section Image
  • Justin Roberts

    Buyer's Agent in 2020

    Justin Roberts

    Cal State Realty Services

    (619) 851-1677

    2 in this area

    177 Total Sales

    Justin Roberts
    Section Image
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Map

Source: San Diego MLS

MLS Number: 200047068

San Diego MLS
California San Diego County National City 91950

704-10 G Ave, National City, CA

This home is located at 704-10 G Ave, National City, CA 91950 since 01 October 2020. This property was built in 1948. 704-10 G Ave 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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