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Key Details
Sold Price $1,100,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 210002696
Sold Date 05/28/21
HOA Y/N No
Property Description
We are pleased to offer for sale the Palm Avenue Apartments, a 6-unit multifamily property located at 619-625 Palm Avenue in the National City neighborhood of San Diego. Built in 1909 / 1965, these 3 buildings (3,600 SF Est.) offer residents a desirable unit mix comprised of (1) 2-Bed/1-Bath Cottage, (1) 1-Bed/1-Bath Cottage, (1) 3-Bed/2-Bath (paid $2,400 recently vacated), (2) 2-Bed/1-Bath units, and (1) 1-Bed/1-Bath unit. Select units have private yard spaces, a large balcony, and there are plenty of on-site parking spaces on the 15,332 SF parcel. There is value add potential to raise rents by completing additional improvements to the property. Exterior: ,,,,
Location
State CA
County San Diego
Area 91950 - National City
Zoning R-4
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Roof Type Composition
Others
Tax ID 5571110700
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
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Bought with Thomas McCartin • Marcus & Millichap