59
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$1,599,000
Est. payment /mo
9 Beds
5 Baths
7,815 Sqft Lot
Active
2027-31 E Avenue National City, CA 91950
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PTP2606983
Bedrooms 9
Lot Size 7,815 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Income-producing investment opportunity in centrally located National City! Reported annual rental income of $127,200 and operating expenses of $23,563 yield an estimated annual NOI of $103,637. A recent appraisal valued the property at $1,550,000, representing an approximately 6.69% NOI yield on appraised value before debt service. The appraisal confirmed approximately 3,292 square feet of combined living area across four residences: three 2-bedroom, 1-bath units and one spacious 3-bedroom, 2-bath unit. Situated on a 7,815-square-foot lot with on-site parking for up to six vehicles, the property offers multiple rental income streams and the flexibility to explore living in one residence while renting the others. Conveniently located near parks, schools, grocery stores, dining and Plaza Bonita, with easy access to I-5, I-805 and SR-54.
Location
State CA
County San Diego
Direction GPS
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 5603001700
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Listed by Alex Ortega, DRE#01321114 Premier Agency R.E. Inc
NEARBY SCHOOL & BUSINESS
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