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$1,500,000
Est. payment /mo
5,314 Sqft Lot
UPDATED:
12/10/2024 10:19 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID PTP2407372
HOA Y/N No
Year Built 1993
Lot Size 5,314 Sqft
Property Description
Charming Victorian Multi-Unit Home – Rare Investment Opportunity Property Highlights: Historic Victorian Architecture: Timeless beauty with elegant design elements. Prime Investment: 4-unit property with room to expand, presenting lucrative rental opportunities. Mills Act Savings: Historic designation offers substantial property tax relief, maximizing ROI. Ideal Location: Positioned in a highly walkable, up-and-coming area with steady growth potential, close to local amenities and the vibrant downtown area. Strong Rental Upside: With gentrification underway, the neighborhood attracts quality tenants and offers strong upward rent potential. Near 32nd Naval Station: Proximity to the naval base adds rental demand and stability. This meticulously maintained and freshly painted Victorian home marries historical charm with modern-day income potential. Enjoy immediate cash flow with the current units while exploring the possibility of adding more. Perfect for investors looking for a long-term asset that offers both character and exceptional financial benefits. Don't miss this unique opportunity to own a piece of history with financial upside – schedule a viewing today!
Location
State CA
County San Diego
Area 91950 - National City
Zoning SPECIAL AND/OR MISC
Interior
Fireplace No
Laundry None
Exterior
Pool None
Community Features Suburban, Park
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Lot Description Near Park, Near Public Transit
Story 2
Sewer Public Sewer
Others
Senior Community No
Tax ID 5562322000
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard
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Listed by John Rinaldi • Apropos Investments
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Adrian Castillo
Principal/Realtor | CA DRE#01308935
Principal/Realtor CA DRE#01308935