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Billie Scofield

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760-419-2492
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DRE #02054688

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Listing 15 out of 41
$620,000 For Sale

1420 Coolidge Ave.
National City, CA 91950

4 units | Multi Family Home - MLS# 190012026
Property Photo
1/3

Description

This property has three one bed/one bath apartments and a studio. Owners did $100k of upgrades when they first purchased this asset. The city grandfathered in the less than 8ft ceiling height. The parcel is zoned MCR1-mixed commercial residential. Property is being sold as is. It is ready for standard upgrades which will probably support much higher income. There is an adjacent commercial lot property which is also currently available for sale. Neighborhoods: National City Other Fees: 0 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

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 91950
  • Year Built: 1940
  • Subdivision/Neighborhood: National City
  • Stories: One
  • Units: 4 units
  • Appliances: Gas Water Heater
  • Appliances YN: Yes
  • Cap Rate: 2.30
  • Co-Listing Agent License: 01962341
  • Country: US
  • Directions: CrossStreet: 15th St & 14th St.
  • Fence YN: Yes
  • Fencing: Partial
  • Gross Scheduled Income: 30540.00
  • Heating: Electric
  • Heating YN: Yes
  • Listing Agent License: 00918512
  • MLS: SAND
  • Net Operating Income: 14050.00
  • Number Of Buildings: 1
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Roof: Composition
  • Stories Total: 1
Courtesy of Apartment Consultants, Inc., Terry Moore

Billie Scofield | 760-419-2492 | Contact Me
Ashby & Graff Real Estate - DRE #02041450
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