1227 Coolidge Ave, National City, CA 91950
- $1,900,000
- 1
- BD
- 1
- BA
- 4,928
- SqFt
- Sold Price
- $1,900,000
- List Price
- $2,200,000
- Closing Date
- Apr 12, 2024
- Status
- CLOSED
- MLS#
- 240004358
- Bedrooms
- 1
- Bathrooms
- 1
- Living Sq. Ft
- 4,928
- City
- National City
- Property Type
- Multifamily
Property Description
BRING ALL OFFERS-SELLER IDENTIFIED UPLEG. Value add opportunity for an investor at a competitive price per unit. Rents are under market and a buyer can potentially achieve 7%+ cap rate on ProForma Rents. The subject property is situated on a 8,455 square foot lot and is comprised of ten (10), 1BR/1BT units totaling approximately 4,928 rentable square feet. Tenants also enjoy a large courtyard in front with on-site laundry facilities and sits on a large corner lot of 8,712 sq ft. In addition, there are 2 units that are single story with the ability to add outdoor areas in order to increase rents.
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Additional Information
- Living Area
- 4,928
- Stories
- 2
Mortgage Calculator
Listing courtesy of Listing Agent: Jordan A Concepcion (858-461-9910) from Listing Office: Keller Williams Realty.
Selling Office: Keller Williams Realty.
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