2437 Highland Avenue, National City, CA 91950 | MLS 150022861 | Listing Information | Real Living Real Estate
Real Living Napolitano Real Estate
619-435-0135

2437 Highland Avenue,  National City CA, 91950

Status: Sold
MLS#: 150022861
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Real Living Napolitano Real Estate
619-435-0135

Listing Provided Courtesy Of: Keller Williams Carmel Valley
Last Updated: 12/4/2016 8:51 AM
Description for 2437 Highland Avenue National City, CA 91950
PRICE REDUCED- Low Price/Unit and Huge Upside w/ Rents 2437 Highland Ave is a seventeen (17) unit apartment building on 2437-2509 Highland Avenue in National City California and sits on two parcels. The property consists of fourteen (14) 1BR/1BT units two (2) 2BR/1BT and one (1) 4BR/2BT house which was recently renovated (flooring paint electrical etc). Lastly the 4BR/2BT House has a 2 Car Garage along with a 2BR/1BT that has a garage as well. There are a total six (6) buildings with pitched roofs and sit on a raised foundation. The property will allow an investor to purchase a property in a location with one of the lowest vacancy rates in the county. The recently renovated house can be valued up to $400k for a recent home in the area and increases the housing stock tremendously. This leaves the price per unit for the additional 16 units at just over $107k per unit.
Price
Sold Price:
$2,040,000
Sold Date:11/06/2015
San Diego
150022861
Closed
Description
PRICE REDUCED- Low Price/Unit and Huge Upside w/ Rents 2437 Highland Ave is a seventeen (17) unit apartment building on 2437-2509 Highland Avenue in National City California and sits on two parcels. The property consists of fourteen (14) 1BR/1BT units two (2) 2BR/1BT and one (1) 4BR/2BT house which was recently renovated (flooring paint electrical etc). Lastly the 4BR/2BT House has a 2 Car Garage along with a 2BR/1BT that has a garage as well. There are a total six (6) buildings with pitched roofs and sit on a raised foundation. The property will allow an investor to purchase a property in a location with one of the lowest vacancy rates in the county. The recently renovated house can be valued up to $400k for a recent home in the area and increases the housing stock tremendously. This leaves the price per unit for the additional 16 units at just over $107k per unit.
Listing Information
Property Type: Cluster, Other
0.59 Acres
17 Total
Neighborhood
Room Information
Exterior / Lot Features
MCR-2
Financial Considerations
563-010-04-00;06
$181,200
Listing Price History

National City Real Estate

National City is located in California. National City, California 91950 has a population of 58,508.

The median household income in National City, California 91950 is $38,798. The median household income for the surrounding county is $63,373 compared to the national median of $53,046. The median age of people living in National City 91950 is 32 years.

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Courtesy: Keller Williams Carmel Valley Jordan Concepcion
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