725 B Ave,National City, CA 91950
National City, CA 91950
Description
RARE 5-UNIT INVESTMENT + DEVELOPMENT OPPORTUNITY IN THE HEART OF NATIONAL CITY! Located on a prominent corner at B Avenue and E 8th Street, this unique property offers investors the opportunity to generate rental income today while holding significant long-term redevelopment potential. The property consists of five residential units across two buildings: four well-maintained 1-bedroom/1-bath units plus a detached 3-bedroom/1-bath home in the rear with its own patio space. The existing units are in great condition and offer an attractive, versatile unit mix with strong rental appeal. The detached rear residence provides an additional feature rarely found in a traditional multifamily investment, offering more privacy, additional bedrooms and outdoor space. But the real opportunity goes beyond the existing improvements. Situated in an Opportunity Zone with commercial zoning, this corner property has been identified as a potential redevelopment site for a larger multifamily, affordable housing or mixed-use project, with potential development capacity of up to 5 Please do not disturb tenants. Drive-by only unless otherwise arranged with listing agent. Interior access subject to accepted offer or prior appointment with listing agent. Buyer and buyer's agent to verify all information, including square footage, unit count, rents, zoning, development potential, permits and intended use, to their satisfaction. Contact listing agent for additional information and showing instructions.
Details
| MLS # | 260020923SD |
|---|---|
| Listing Type | For Sale |
| Style | Mixeduse |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 18 |
| Listing Provided By | Atlas Realty | Michael Spirtos |
Features
| Units | 5 |
|---|---|
| Building(s) | 1 |
Interior
| Heating Yes / No | No |
|---|---|
| Cooling Yes / No | Yes |
Exterior
| Construction Materials | Drywall |
|---|
Area Information
| State | CA |
|---|---|
| County | San Diego |
| City | National City |
| Zip Code | 91950 |
| Area | 91950 National City |
| Listing VS Median (in 91950) | |
Price: $1,750,000 low | high Med: $679,000 On site: 18 low | high Med: 63 | |
Market Activity 91950
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Learn More About This Property
| State | CA |
|---|---|
| County | San Diego |
| City | National City |
| Zip Code | 91950 |
| Area | 91950 National City |
| Listing VS Median (in 91950) | |
Price: $1,750,000 low | high Med: $679,000 On site: 18 low | high Med: 63 | |
