NOT LISTED FOR SALE
9 Beds
5 Baths
3,000 Sq Ft
0.28 Acres

Last Sold October 16, 2023

Last sale price $1,200,000 $400 Per Sq Ft

3 Days on Market

Highlights

  • RV Parking in Community
  • Level Lot
  • 1-Story Property
  • Partially Fenced Property
  • Heating System Uses Natural Gas

About This Home

As of October 2023

Investment opportunity awaits at 912-916 Arcadia Pl, National City. This 4-unit property, positioned on a 12,000+ sq ft lot, is a true cash cow. Each unit is well-maintained, offering a stable income. The potential for an additional ADU provides a unique value add opportunity. Located in a growing community known for its upside, this property is near shopping, dining, and transportation. Don't miss this chance to invest in a property with strong returns and growth potential. Contact us for a tour! Investment Opportunity Awaits at 912-916 Arcadia Pl, National City! Introducing a remarkable investment opportunity in the heart of National City's growing community. This multi-unit property, a true cash cow, consists of 4 units nestled on a generous 12,000+ square foot lot. 4 Units Total: Each unit is well-maintained and offers comfortable living space for tenants, providing a stable income stream. Value Add Opportunity: There's a potential to significantly increase the value of this property by increasing rents or adding an additional dwelling unit (ADU). With a sprawling oversized 12,000+ sq ft lot, the outdoor space offers plenty of room for landscaping, parking, or future development. National City is recognized for its growth and positive trajectory. This property sits in a location with incredible upside potential. Whether you're an experienced investor or new to the market, 912-916 Arcadia Pl offers an excellent return on investment. The property's existing units generate substantial revenue, and the possibility of adding an ADU presents a unique opportunity to further maximize returns. National City is an area on the rise, known for its community-driven atmosphere and increasing demand. Situated in a convenient location near shopping centers, dining options, and public transportation, this property offers both comfort and convenience to potential tenants. Don't Miss Out! With a combination of steady cash flow and exciting growth potential, 912-916 Arcadia Pl is a must-see for any serious investor. Contact your agent today and explore the limitless possibilities this multi-unit property offers.

Last Agent to Sell the Property

Nathan Abbo

Coldwell Banker West License #01513883 Listed on: 08/24/2023

Coldwell Banker West

Last Buyer's Agent

Sergio Pena

Coldwell Banker West License #01765089

Coldwell Banker West

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 0.28 Acre Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Composition Roof
  • Stucco Exterior

Additional Features

  • 1-Story Property
  • Heating System Uses Natural Gas

Community Details

  • 4 Units
  • National City Community
  • RV Parking in Community

Listing and Financial Details

  • Assessor Parcel Number 558-021-08-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: 8th
  • Neighborhood: National City
  • Supplement: Investment Opportunity Awaits at 912-916 Arcadia Pl, National City! Introducing a remarkable investment opportunity in the heart of National City's growing community. This multi-unit property, a true cash cow, consists of 4 units nestled on a generous 12,000+ square foot lot. 4 Units Total: Each unit is well-maintained and offers comfortable living space for tenants, providing a stable income stream. Value Add Opportunity: There's a potential to significantly increase the value of this property by increasing rents or adding an additional dwelling unit (ADU). With a sprawling oversized 12,000+ sq ft lot, the outdoor space offers plenty of room for landscaping, parking, or future development. National City is recognized for its growth and positive trajectory. This property sits in a location with incredible upside potential. Whether you're an experienced investor or new to the market, 912-916 Arcadia Pl offers an excellent return on investment. The property's existing units generate substantial revenue, and the possibility of adding an ADU presents a unique opportunity to further maximize returns. National City is an area on the rise, known for its community-driven atmosphere and increasing demand. Situated in a convenient location near shopping centers, dining options, and public transportation, this property offers both comfort and convenience to potential tenants. Don't Miss Out! With a combination of steady cash flow and exciting growth potential, 912-916 Arcadia Pl is a must-see for any serious investor. Contact your agent today and explore the limitless possibilities this multi-unit property offers.
  • Stories: 1 Story
  • Sale Price List Price: 1.09
  • Total Stories: 1
  • Year Built: 1970
  • 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, Wood/Stucco
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Heat Equipment: Combination Heating

Condo/Co-op/Association

  • Complex Name: National City
  • Community: NATIONAL CITY
  • Complex Features: RV/Boat Parking

Lot Info

  • Lot Size: .25 to .5 AC
  • Topography: Level
  • Zoning: R-4:MULTIP
  • Assessor Parcel Number: 558-021-08-00
  • Estimated Lot Sq Ft: 12327
  • Estimated Number of Acres: 0.28
  • Map Code Column: B
  • Map Code Page: 1290
  • Map Code Row: 7

Multi Family

  • No. of Units: 4
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Number Of Units With Washers: 1

Range of Values:

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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
10/16/2023 10/16/23 Sold $1,200,000 +9.1% $400 / Sq Ft
08/28/2023 08/28/23 Pending -- -- --
08/24/2023 08/24/23 For Sale $1,100,000 +100.0% $367 / Sq Ft
09/02/2020 09/02/20 Sold $550,000 -1.8% $309 / Sq Ft
07/10/2020 07/10/20 Pending -- -- --
06/30/2020 06/30/20 For Sale $560,000 -- $315 / 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: 230016534

San Diego MLS

APN: 558-021-08-00