Residential Income For Sale – – – – Price $2,195,000 – PTP2402177
Property Description

Incredible 4 unit opportunity in National City with strong rents in place. Property consists of 2 structures. Original 1-story home was taken down to the studs in 2022 and legally split into a 3 bed/2 bath PLUS a separate 1 bed/1 bath unit. 2nd structure was built from the ground up in 2022 and consists of two 3 bed/3 bath 2-story units with large view balconies. 7 off-street parking spaces combined, tenants pay all utilities, laundry in each unit, units are all professionally managed. CAP rate of 4.28 and total combined rents of $12,445 per month. All the work here has already been done!

Address Map
California
San Diego
National City
91950
22nd Street
721
W118° 54' 17.1''
N32° 39' 57.1''
Neighborhood
Neighborhood
Additional Information
68
Assessor
Drew
Auker
Keller Williams RealtyLa Jolla
$0
$0
$0
$0
$0
$0
$0
7,500-10,889 sf
National City
Borrego springs
Fallbrook union elementary distr
Fallbrook union elementary distr
Fallbrook union high school dist
3

Residential Income For Sale

721 22nd Street, National City, California 91950

7,636 Sqft
$2,195,000
Listing ID #PTP2402177
Basic Details
Property Description :

Incredible 4 unit opportunity in National City with strong rents in place. Property consists of 2 structures. Original 1-story home was taken down to the studs in 2022 and legally split into a 3 bed/2 bath PLUS a separate 1 bed/1 bath unit. 2nd structure was built from the ground up in 2022 and consists of two 3 bed/3 bath 2-story units with large view balconies. 7 off-street parking spaces combined, tenants pay all utilities, laundry in each unit, units are all professionally managed. CAP rate of 4.28 and total combined rents of $12,445 per month. All the work here has already been done!

Status : Active
Property Type : Residential Income
Listing Type : For Sale
Listing ID : PTP2402177
Price : $2,195,000
Lot Sq Ft : 7,636 Sqft
Style : Res income 2-4 units
Agent info
Berkshire Hathaway HomeServices California Properties
6027 Paseo Delicias, Rancho Santa Fe, CA 92067
Contact Agent
Style Selector
Select the layout
Choose the theme
Preset colors
No Preset
Select the pattern