Patricia Garcia

Team Z Realty
Call or Text:  619-889-5675
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520 F Avenue
OTHER National City 91950

$1,500,000
2-4 Units 5,315 sq. ft.

Status:
Active
Prop. Type:
2-4 Units
MLS® Num:
306320996
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!
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Total Floor Area:
5,315 sq. ft.
Lot Size:
4,000-7,499 SF
Lot Size:
5,314 sq. ft.
Number of Buildings:
1
Number of Units:
4
Total Stories:
2
Market Area:
OTHER
County:
San Diego
Neighborhood Code:
National City
Home Owner Fees:
0.0
Mello Roos Fee:
0.0
Annual expense actual:
0
Cap Rate.:
0.0
Gross scheduled income:
88620
Unit Number for Unit 1:
1
Bedrooms for Unit 1:
1
Number of bathrooms for Unit 1:
1
Total Rent for Unit 1:
1780.0
Unit Number for Unit 2:
2
Bedrooms for Unit 2:
1
Number of bathrooms for Unit 2:
1
Total Rent for Unit 2:
1570.0
Unit Number for Unit 3:
3
Bedrooms for Unit 3:
3
Number of bathrooms for Unit 3:
1
Total Rent for Unit 3:
2500.0
Unit Number for Unit 4:
4
Bedrooms for Unit 4:
1
Number of bathrooms for Unit 4:
1
Total Rent for Unit 4:
1535.0
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!
Directions:
On F St
Pool:
N/K
Listing Type:
Exclusive Right (R)
Terms:
Cash, Conventional, FHA, VA
Assessments:
Yes/Remarks
Parcel Number:
5562322000
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Listed by Apropos Investments
Data was last updated December 23, 2024 at 03:10 PM (UTC)
Area Statistics
Listings on market:
2,644
Avg list price:
$1,199,991
Min list price:
$37,499
Max list price:
$30,000,000
Avg days on market:
91
Min days on market:
2
Max days on market:
1,839
Avg price per sq.ft.:
$170.36
These statistics are generated based on the current listing's property type and located in OTHER. Average values are derived using median calculations.
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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 Multiple Listing Service, Inc. 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 © 2024 San Diego Multiple Listing Service, Inc.
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 Multiple Listing Service, Inc. 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 © 2024 San Diego Multiple Listing Service, Inc.