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1704 B Ave, National City, CA 91950

Commercial property

1704 B Ave, National City, CA 91950 Sold April 2017 CRMLS
$800,000Sold April 2017

Listing Agent: Cody Evans (DRE #01399935) · Listing Office: South Coast Commercial, Inc. · Contact: 619-226-6011 · Bought with: Chris Robinson · Acre Investment Real Estate · MLS #170008802 · Source: CRMLS

5
Units
5.10%
Cap Rate
$43,510
NOI
5,662 sqft
Lot Size
Commercial property
Type

How this sale compares

1704 B Ave sold for $800,000 in April 2017, 5.9% under its $850,000 list price, after 14 days on the market.

14
Days on market
−5.9%
Sold vs. list price

Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.

Description

1704-1712 B Ave (Also 140 E 17th St)  is a five unit apartment complex located in National City.  Originally built in 1955 and consisting of one structure on a 5,662 sq. ft. lot.  The building has a unit mix of a studio and four 1 bedroom 1 bath units.  The studio is approx. 352 sq. ft. and the one bedrooms are approx. 480 sq. ft.  Four out of the five units have been significantly upgraded with new vinyl plank flooring, interior paint, granite counter tops, new cabinetry, shower enclosures, tubs, vanities, lights, ceiling fans, and appliances.  On the exterior there is all new low maintenance drought resistant landscaping, fresh exterior paint, and dual pane windows.  Every unit has their own private yard as well. ***Shown with accepted offer only. Please do not go onto the premises nor disturb the tenants as they are unaware of a potential sale***

Listing description from the April 2017 sale, as reported to CRMLS.

Sale history

$800,000
Sold April 2017 · listed $850,000, on market February 2017, 14 days on market · MLS #170008802 · Source: CRMLS
Listing Agent: Cody Evans · Listing Office: South Coast Commercial, Inc. · Contact: 619-226-6011 · Bought with: Chris Robinson · Acre Investment Real Estate
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