520 F Ave Active

National City,CA 91950

$ 1500000

6 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision National City

MLS Listing ID 240025364

Bedrooms 6

Full Baths 4

HOA Y/N No

Year Built 1993

Lot Size 5,315 Sqft

Property Description

Charming Victorian Multi-Unit Home – Rare Investment Opportunity Property Highlights: Historic Victorian Architecture: Timeless beauty with elegant design elements. Prime Investment: 4-unit property with room to expand, presenting lucrative rental opportunities. Mills Act Savings: Historic designation offers substantial property tax relief, maximizing ROI. Ideal Location: Positioned in a highly walkable, up-and-coming area with steady growth potential, close to local amenities and the vibrant downtown area. Strong Rental Upside: With gentrification underway, the neighborhood attracts quality tenants and offers strong upward rent potential. Near 32nd Naval Station: Proximity to the naval base adds rental demand and stability. This meticulously maintained and freshly painted Victorian home marries historical charm with modern-day income potential. Enjoy immediate cash flow with the current units while exploring the possibility of adding more. Perfect for investors looking for a long-term asset that offers both character and exceptional financial benefits. Don't miss this unique opportunity to own a piece of history with financial upside – schedule a viewing today!

Location

State CA

County San Diego

Community National City

Area National City (91950)

Zoning SPECIAL AN

Exterior

Exterior Feature Other/Remarks

Roof Type Composition,Other/Remarks

Building

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Acceptable Financing Cash,Conventional,FHA,VA

Space Rent $1,780

Listing Terms Cash,Conventional,FHA,VA

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