美国加利福尼亚州National CityPalm and 16th1214 20 East 18th

1214 20 East 18th 1214 20 East 18th National City, 加利福尼亚州 91950 美国

$1,295,000
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First Time on Market in Over 35 Years Prime Value-Add Opportunity in National City! Welcome to 1214-20 E 18th Street, a rare investment opportunity in the heart of National City. Hitting the market for the first time in over three decades, this...

The Browar Group

Listing Courtesy of The Browar Group
$1,295,000
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居民收入
房产类型
1959
建筑年限
250024408SD
网站 ID
250024408SD
MLS ID
National City
分区
Sweetwater Union High
学区
24
天前
This Property is Currently Contract Pending

About 1214 20 East 18th

First Time on Market in Over 35 Years Prime Value-Add Opportunity in National City! Welcome to 1214-20 E 18th Street, a rare investment opportunity in the heart of National City. Hitting the market for the first time in over three decades, this well-located multifamily asset features four spacious 2-bedroom, 1-bathroom units situated on a generous 9,431 square foot lot. In addition to the main residential buildings, the property includes a third detached structure housing four single-car garages and an extra storage room. This additional structure presents a compelling opportunity for increased revenuewhether through renting the garages separately or converting the space into Accessory Dwelling Units (ADUs), subject to city approval. All units are currently tenant-occupied with month-to-month leases, offering maximum flexibility for repositioning. Rents are approximately 50% below market, providing immediate upside potential through renovation and rent increases. Investors will appreciate the ability to add value by modernizing interiors and capturing significant cash flow growth. Don't miss this exceptional chance to acquire a well-located asset with strong fundamentals, significant rental upside, and multiple value-add pathways.

Listing Courtesy of The Browar Group

特色

冷却
丙烷加热
Additional Listing Type
In Contract

EXTERIOR

Roofing
Composition

ADDITIONAL INFORMATION

Number of Units
4
Listing Courtesy of The Browar Group

The Browar Group

Listing Courtesy of The Browar Group
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