Listing Courtesy of: Gregg Neuman - Berkshire Hathaway HomeServices California Properties 619-595-7020
$1,395,000 affordable loan icon Calculate Payment

725-731 E 16th Street National City, CA 91950

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Cluster Residence
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0.15 Acre Lot
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Last updated on 11/15/2024 11:29 PM

Listing Details

**Owner may carry with 40% down** Great for a 1031 exchange! 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-b...edroom/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+ yearsâ?¦ 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. Continue reading
MLS#
240020786
Property Type
Cluster
Lot Size
0.15
Stories
2.0
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Sewer Connected
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Listing Courtesy of: Gregg Neuman - Berkshire Hathaway HomeServices California Properties 619-595-7020
Barbara Lynn Simmons, CA BRE #00637579, Xome Inc., CA BRE #01932600, 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361, [email protected], 844-400-XOME (9663)

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 MLS. 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 MLS. All rights reserved.
This content last refreshed on 11/15/2024 11:29 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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