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    1121 E 6Th St

    National City, CA 91950
    • $1,515,000
    • STATUS: ACTIVE
    • ON SITE: 46 days
    • ID#: 200047977
    $1,515,000
    • 4
      BEDS
    • 0.15
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    The 1121 E 6th St Apartments are located just east of Interstate 5 in National City, CA. Built in 1973, the property is a 7-unit apartment complex comprised of 6 one-bedroom / one-bathroom apartments and 1 three-bedroom / two-bathroom apartment on a 6,555 square foot lot. Amenities include off-street parking and on-site laundry. This property offers a solid base for an investor to complete their own renovations and capitalize on the rents this location can produce.

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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 © 2020 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/110836765
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    1121 E 6Th St National City, CA 91950

    • Price: $1,515,000
    • Status: ACTIVE
    • ID#: 200047977
    4
    Beds
    3
    Baths
    0
    ½ Baths
    0.15
    Acres
    Neighborhood:
    National City (91950)
    County:
    San Diego
    Area:
    National City (91950)
    Property Description
    The 1121 E 6th St Apartments are located just east of Interstate 5 in National City, CA. Built in 1973, the property is a 7-unit apartment complex comprised of 6 one-bedroom / one-bathroom apartments and 1 three-bedroom / two-bathroom apartment on a 6,555 square foot lot. Amenities include off-street parking and on-site laundry. This property offers a solid base for an investor to complete their own renovations and capitalize on the rents this location can produce.
    Interior Features

    Sq Ft Of Improvement 4536 Unit Furnished1 0 Unit Furnished2 0

    Property Features

    Actual Cap Rate 5.1 Actual Gross Scheduled Income 111012.0 Actual Operating Expense 29819 Assumable Finance 0 Buildings 1 Gross Equity 0 Gross Multiplier 13.6 Have 7 Units Mandatory Remarks None Known Market Area South Bay Motive Want $$$$ Projected Cap Rate 6.3 Projected Gross Multiplier 11.7 Short Sale No Unit Number1 6 Unit Number2 1 Unit Rent Total1 1425 Unit Rent Total2 1995 Unit Rent1 1241 Unit Rent2 1695

    Listing provided courtesy of South Coast Commercial, Inc.. Listing information © 2020 San Diego MLS Inc. Source: SDMLS
    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 © 2020 San Diego MLS, Inc. Licensed in the state of California.
     
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    Neuman & Neuman Real Estate Inc.
    516 5th Avenue
    San Diego CA, 92101