2027-31 E Avenue, National City, CA 91950
2027-31 E Avenue, National City, CA 91950
2027-31 E Avenue, National City, CA 91950
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Kobe Zimmerman

Kobe Zimmerman

+1(858) 753-3353
$1,599,000
Est. payment /mo
9 Beds
5 Baths
7,815 Sqft Lot
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UPDATED:

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

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MLS Router / San Diego MLS
Listed by Alex Ortega, DRE#01321114 Premier Agency R.E. Inc 

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2027-31 E Avenue