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    822-836 D Avenue

    National City, CA 91950
    • $2,500,000
    • STATUS: PENDING
    • ON SITE: 40 days
    • ID#: 210001864
    Pending
    UPDATED: 65 min ago
    $2,500,000
    • 2
      BEDS
    • 0.2
      ACRES
    • 1
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    National City (91950)
    Type:
    Multi-Family
    County:
    San Diego
    Area:
    National City (91950)

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    Description

    822-836 D Avenue consists of two adjacent 4plexes that operate as an 8 unit property. The property has a strong unit mix of all 2 Bedroom / 1 Bath units, all of which have in unit laundry hook ups. The property features a front yard area and 8 off-street parking spaces. The units have mini-split heat and A/C units and have undergone extensive interior and exterior renovations including new counter tops, cabinetry, flooring, and appliances. The listing includes two parcels: 556-474-09-00 and 556-474-10-00.

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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 © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/113566491
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    822-836 D Avenue National City, CA 91950

    • Price: $2,500,000
    • Status: PENDING
    • Updated: 65 min ago
    • ID#: 210001864
    2
    Beds
    1
    Baths
    0
    ½ Baths
    0.2
    Acres
    Neighborhood:
    National City (91950)
    County:
    San Diego
    Area:
    National City (91950)
    Property Description
    822-836 D Avenue consists of two adjacent 4plexes that operate as an 8 unit property. The property has a strong unit mix of all 2 Bedroom / 1 Bath units, all of which have in unit laundry hook ups. The property features a front yard area and 8 off-street parking spaces. The units have mini-split heat and A/C units and have undergone extensive interior and exterior renovations including new counter tops, cabinetry, flooring, and appliances. The listing includes two parcels: 556-474-09-00 and 556-474-10-00.
    Exterior Features

    Parking Spaces Total 8

    Interior Features

    Sq Ft Of Improvement 6172 Units With Dishwashers 8 Units With Disposals 8 Units With Ranges 8 Units With Refrigerators 8

    Property Features

    Actual Cap Rate 4.48 Actual Gross Operating Income 166685 Actual Gross Scheduled Income 171840.0 Actual Operating Expense 54567 Actual Vacancy And Credit Loss 5155 Assumable Finance 0 Buildings 2 Gross Equity 2500000 Gross Multiplier 14.5 Have Units Leased Apartments 8 Mandatory Remarks None Known Market Area South Bay Monthly Rent Total 14320 Motive Want 1031 Present Loan 0 Projected Cap Rate 5.08 Projected Gross Multiplier 13.4 Projected Gross Operating Inc 181584 Projected Gross Scheduled Inc 187200 Projected Net Income 127017 Projected Operating Expense 54567 Projected Vacancy And Credit Loss 5616 Short Sale No Unit Number1 8 Unit Rent Total1 14320 Unit Rent1 1790

    Listing provided courtesy of South Coast Commercial, Inc.. Listing information © 2021 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 © 2021 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