Residential Income For Sale – – – – Price $1,395,000 – 240020786
Property Description

**Owner may carry with 40% down** Location, location…. this is what you’ve been waiting for with one of the best locations in National City! Amazingly LOW-MAINTENANCE 4-unit INCOME property in the heart of National City, featuring 2 two-bedroom/one-bath units and 2 one-bedroom/one-bath units. Two-car garage plus 4 off-street parking spaces. Generates $7173 in gross monthly rent from LONG-TERM Section 8 tenants, all of whom are single occupants. Incredibly stable income with appx 86% of the rent paid for by National City Housing Authority. Two tenants of 4+ years, two tenants of 25+ years… Looking for even MORE INCOME? Buyer MAY be able to convert the garage into an ADU/5th unit. Situated in a desirable location close to shopping, the post office, and dining amenities near Highland Ave. Shown ONLY with an accepted offer.

Features
: 2 story
Address Map
US
California
San Diego
National City
91950
16th Street
725-731
W118° 53' 16.4''
N32° 40' 0.8''
Neighborhood
Neighborhood
Additional Information
46
RES-MULTI
Click here!
Gregg
Neuman
Berkshire Hathaway HomeServices California Propert
50x125
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4,000-7,499 sf
: N/k
16th / Highland - National City
National city
National school district
: N/k
National school district
Sweetwater Union High School District
2

Residential Income For Sale

725-731 16th Street, National City, California 91950

6,342 Sqft
$1,395,000
Listing ID #240020786
Basic Details
Property Description :

**Owner may carry with 40% down** Location, location…. this is what you’ve been waiting for with one of the best locations in National City! Amazingly LOW-MAINTENANCE 4-unit INCOME property in the heart of National City, featuring 2 two-bedroom/one-bath units and 2 one-bedroom/one-bath units. Two-car garage plus 4 off-street parking spaces. Generates $7173 in gross monthly rent from LONG-TERM Section 8 tenants, all of whom are single occupants. Incredibly stable income with appx 86% of the rent paid for by National City Housing Authority. Two tenants of 4+ years, two tenants of 25+ years… Looking for even MORE INCOME? Buyer MAY be able to convert the garage into an ADU/5th unit. Situated in a desirable location close to shopping, the post office, and dining amenities near Highland Ave. Shown ONLY with an accepted offer.

Status : Active
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 240020786
Price : $1,395,000
Year Built : 1959
Lot Sq Ft : 6,342 Sqft
Style : Res income 2-4 units
Unit 1 # Bedrooms : 1
Unit 2 # Bedrooms : 1
Unit 3 # Bedrooms : 2
Unit 4 # Bedrooms : 2
Unit 1 # Total Baths : 1
Unit 2 # Total Baths : 1
Unit 3 # Total Baths : 1
Unit 4 # Total Baths : 1
Unit 1 # of Full Baths : 1
Unit 2 # of Full Baths : 1
Unit 3 # of Full Baths : 1
Unit 4 # of Full Baths : 1
Unit 1 Estimated SqFt : 528 Sqft
Unit 2 Estimated SqFt : 528 Sqft
Unit 3 Estimated SqFt : 840 Sqft
Unit 4 Estimated SqFt : 840 Sqft
Agent info
Berkshire Hathaway HomeServices California Properties
6027 Paseo Delicias, Rancho Santa Fe, CA 92067
Contact Agent
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