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304 E 4th St

National City, CA 91950
  • $1,400,000
  • STATUS: ACTIVE
  • ON SITE: 9 Days
  • ID#: 230004663
UPDATED: 43 min ago
$1,400,000
  • 8
    BEDS
  • 0.11
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 3,170
    SQFT
  • $442
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1989
County:

School Ratings & Info

Description

Amazing 4 unit investment opportunity In National City with opportunity to develop further! By right two ADU's can be added. Additionally, you may be able to add one bonus ADU and one affordable housing ADU! Strong rental rates that continue to climb make this property an incredible purchase for any real estate investor. The building benefits from recent system upgrades and low maintenance landscaping. All units have engineered hardwood floors, fresh paint, and look as they do in the photos. Well maintained and upgraded building includes two 3 bedroom 2 bathroom units as well as two 1 bedroom 1 bathroom units. All units currently have tenants in place. Situated on beautiful 4th Street the building is surrounded by a large, fully fenced, flat lot with ample tenant parking. National City is rated San Diegos most walkable city. Moments from the waterfront, beautiful parks, great schools, freeway access, shopping, and business centers. NOW is the time to invest in National City as it reaches to an incredible future while keeping its longtime heritage and charm.

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San Diego MLS logo 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 © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/137654686
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304 E 4th St National City, CA 91950

  • Price: $1,400,000
  • Status: ACTIVE
  • On Site: 9 Days
  • Updated: 43 min ago
  • ID#: 230004663
8
Beds
6
Baths
0
½ Baths
0.11
Acres
3,170
SQFT
$442
$/SQFT
1989
Built
Neighborhood:
National City
County:
San Diego
Area:
National City (91950)
Property Description
Amazing 4 unit investment opportunity In National City with opportunity to develop further! By right two ADU's can be added. Additionally, you may be able to add one bonus ADU and one affordable housing ADU! Strong rental rates that continue to climb make this property an incredible purchase for any real estate investor. The building benefits from recent system upgrades and low maintenance landscaping. All units have engineered hardwood floors, fresh paint, and look as they do in the photos. Well maintained and upgraded building includes two 3 bedroom 2 bathroom units as well as two 1 bedroom 1 bathroom units. All units currently have tenants in place. Situated on beautiful 4th Street the building is surrounded by a large, fully fenced, flat lot with ample tenant parking. National City is rated San Diegos most walkable city. Moments from the waterfront, beautiful parks, great schools, freeway access, shopping, and business centers. NOW is the time to invest in National City as it reaches to an incredible future while keeping its longtime heritage and charm.
Exterior Features

Exterior Wood Fencing FullGate Frontage Dimensions In Feet 40 Lot Dimensions Approx 40X113.38 Parking Non Garage Desc Unit1 Uncovered Parking Non Garage Desc Unit2 Uncovered Parking Non Garage Desc Unit3 Uncovered Parking Non Garage Desc Unit4 Uncovered Roof Composition Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Unit3 Exclusive Use Yard Yes Unit4 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 4

Interior Features

Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heat Source Natural Gas Stories 3 Story Total Baths Unit1 2 Total Baths Unit2 2 Total Baths Unit3 1 Total Baths Unit4 1 Unit1 Laundry Hook Ups No Unit2 Laundry Hook Ups No Unit3 Laundry Hook Ups No Unit4 Laundry Hook Ups No Units With Cooling 0 Units With Dishwashers 0 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 0

Property Features

Actual Cap Rate 5.6 Age Restrictions N/K Annual Expense Actual 24000 Association ID San Diego Association Of Realtors (Sdar) Buildings 1 Cfd Mello Roos Fee 0.0 Community National City Complex Park Nk Cross Streets B Ave And D Ave Gross Rent Multiplier Actual 13.73 Gross Scheduled Income Actual 102000 Mandatory Remarks None Known Market Area South Bay Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Pets Allowed W/Restrictions Sales Restrictions N/K Security N/K Short Sale No Tenant Pays ElectricityGas/Propane Terms CashConventionalFhaVa Unit Number For Unit1 304 A Unit Number For Unit2 304 B Unit Number For Unit3 306 Unit Number4 308 Unit1 Deposit 0 Unit1 Occupied Tenant Unit1 Projected Rent 2800.0 Unit1 Rent Actual 2550.0 Unit2 Deposit 0 Unit2 Occupied Tenant Unit2 Projected Rent 2800.0 Unit2 Rent Actual 2550.0 Unit3 Deposit 0 Unit3 Occupied Tenant Unit3 Rent Actual 1800.0 Unit4 Deposit 0 Unit4 Occupied Tenant Unit4 Rent Actual 1600.0 Zoning Rs-2

San Diego MLS logo Listing provided courtesy of Exp Realty: [IDXCONTACTINFORMATION]. Listing information © 2023 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo 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 © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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