520 F Ave, National City, CA 91950

About this property

Rare opportunity to own a fantastic Victorian 4 unit property in the heart of National City Historic District! Rental rates and projected rental rates make this building a very lucrative long-term investment. Additionally, you can easily apply for the Mills Act to save BIG on property taxes. The building has been well maintained and 3 of the 4 units have been recently renovated including new kitchens, flooring, and bathrooms. The property consists of one 2 bedroom 1 bathroom unit as well as three 1 bedroom 1 bathroom units. The central location is highly desirable and is close to Downtown, shopping, restaurants, entertainment, Naval Bases, and schools making the property easily rentable. This will be perfect to add to an investor's portfolio or for a 1st-time landlord where you can live in one unit for free and have your tenants pay the mortgage. Exterior: Wood/Stucco Unit # for Unit 1: #1 Unit # for Unit 2: #2 Unit # for Unit 3: #3 Unit # for Unit 4: #4 Number of Furnished Units: 0 Topography: LL

Listing description from the March 2022 sale, as reported to CRMLS.

Sale history

$1,220,000

Sold March 2022 · listed $1,150,000, on market February 2022 · MLS #220003847SD · Source: CRMLS

Listing Agent: Corey Simone · Listing Office: eXp Realty of California Inc · Contact: 888-584-9427 · Bought with: John Rinaldi · Apropos

$645,000

Sold February 2019 · listed $615,000, orig. $675,000, on market August 2018 · MLS #180046558 · Source: CRMLS

Listing Agent: Travis Owens · Listing Office: Coldwell Banker Res. Brokerage · Contact: 858-488-4090 · Bought with: Loren Uber · Uberco

$500,000

Sold February 2018 · listed $475,000, on market December 2017 · MLS #170063271 · Source: CRMLS

Listing Agent: Alli Urguby · Listing Office: Live Love San Diego Homes · Contact: 858-240-5593 · Bought with: Travis Owens · Coldwell Banker Res. Brokerage

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