National City, CA 91950,2830 E 8th
National City, CA 91950,2830 E 8th
National City, CA 91950,2830 E 8th
10
$1,675,000
$1,850,000
9.5%
Est.Price: ?

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0.37 Acres Lot

2830 E 8th National City, CA 91950

Est. payment /mo
SOLD DATE : 01/03/2020

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Key Details

Sold Price $1,675,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 190034791

Lot Size 0.370 Acres

Property Description

We are pleased to present 10 units in National City residing on four parcels. The subject properties consist of 3 u at 1427 Roosevelt, 1 - 3bed/1ba & 2 - 1bed/1ba units on a 4,311 sq. ft lot. A duplex at 2830 E 8th, 2 - 2bed/1ba on a 2,276 sq. ft lot. A 900 sq. ft 2bed/1ba single family home at 2840 E Roosevelt on a 2,277 sq. ft lot. Four units at 2908-2912 E 8th consisting of 2 - 3bed/1ba & 2 Studios on a 7,410 sq. ft lot. Combined building and lot square footage are 5,657 & 16,274 respectively. The 3 parcels on E 8th are contiguous. The property is fully occupied with most of the tenants being long term, the rents are slightly below market providing rental upside for the future owner through rent stabilization. The layout and separate parcels also create a unique exit strategy should the future owner decide to sell of the properties individually. This is an ideal investment opportunity for the value-add investor or an exchange buyer looking for a high cash-flow investment in a developing market

Location

State CA

County San Diego

Area 91950 - National City

Zoning Various

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California Regional MLS (CRMLS)
Listed by Cameron Ebrahimi • South Coast Commercial, Inc.
Bought with Kevin Hemstreet • South Coast Commercial, Inc.

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Todd Kingsley

Agent | License ID: 02118744

+1(310) 710-8633

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