212-216 Palm Ave

    National City, CA 91950
    • $1,299,000
    • STATUS: ACTIVE
    • ON SITE: 22 days
    • ID#: 180048195
    UPDATED: 85 min ago
    $1,299,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    We are pleased to present 5 units on Palm Ave. The property consists of (2) 3Br/1Ba & (1) 1Br/1Ba single family residents & duplex in back that is a 2Br/1Ba & 3Br/2Ba. The property is meticulously well maintained with renovated interiors and exteriors. The property is centrally located next to transit, major freeways, employment & is considered one the most gentrifying markets in San Diego. The houses each feature private yards & front house has its own private driveway with a detached garage. The property has plenty of parking for all units and sits on approx. 15,230 SF Lot. This property is a perfect investment for someone looking to enjoying great cashflow with very low maintenance.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2018 San Diego MLS, Inc.
    www.triolorealty.com/homes/86968186

    212-216 Palm Ave National City, CA 91950

    • Price: $1,299,000
    • Status: ACTIVE
    • Updated: 85 min ago
    • ID#: 180048195
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    National City (91950)
    County:
    San Diego
    Area:
    National City (91950)
    Property Description
    We are pleased to present 5 units on Palm Ave. The property consists of (2) 3Br/1Ba & (1) 1Br/1Ba single family residents & duplex in back that is a 2Br/1Ba & 3Br/2Ba. The property is meticulously well maintained with renovated interiors and exteriors. The property is centrally located next to transit, major freeways, employment & is considered one the most gentrifying markets in San Diego. The houses each feature private yards & front house has its own private driveway with a detached garage. The property has plenty of parking for all units and sits on approx. 15,230 SF Lot. This property is a perfect investment for someone looking to enjoying great cashflow with very low maintenance.
    Exterior Features

    Construction Other/Remarks Exterior None Parking Other/Remarks Roof Other/Remarks

    Interior Features

    Baths Unit1 1 Baths Unit2 1 Baths Unit3 2 Baths Unit4 1 Bedrooms Unit1 1 Bedrooms Unit2 2 Bedrooms Unit3 3 Bedrooms Unit4 3 Cooling Other Floor Coverings Other/Remarks Floors Other/Remarks Heating Other/Remarks Sq Ft Of Improvement 4262 Stories 2 Story

    Property Features

    Actual Cap Rate 4.4 Actual Gross Scheduled Income 91800 Actual Operating Expense 32515 Assumable Finance 0 Complex Features None Existing Financing Other/Remarks Financial Information Source Owner Gross Equity 1299000 Gross Multiplier 14.2 Have Apartments Mandatory Remarks None Known Market Area South Bay Motive Want Cash Out Projected Cap Rate 5.3 Projected Gross Multiplier 12.5 Short Sale No Special None Sq Ft Source Buyer To Verify Terms CashCash To New LoanExchange DownExchange Up Unit Number1 1 Unit Number2 1 Unit Number3 1 Unit Number4 2 Unit Rent Total1 1300 Unit Rent Total2 1400 Unit Rent Total3 1750 Unit Rent Total4 3200 Unit Rent1 1300 Unit Rent2 1400 Unit Rent3 1750 Unit Rent4 1600 Unit Type 3 On A LotDuplex

    Listing provided courtesy of South Coast Commercial, Inc.. Listing information © 2018 San Diego MLS, Inc.
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2018 San Diego MLS, Inc.
     
    Keller Williams - Triolo Realty Group
    12780 High Bluff Drive, Suite 130
    San Diego CA, 92130