2830-2912 E 8th, National City, 91950

Commercial - Com-Res Income For Sale

$1,850,000

Beds
Baths
Sqft
Built
113DOM
MLS® #: 190034791
ACTIVE, 113 Days on Market

We are pleased to present 10 units in National City residing on four parcels. The subject properties consist of 3 u at 1427 Roosevelt, 1 - 3bed/1ba & 2 - 1bed/1ba units on a 4,311 sq. ft lot. A duplex at 2830 E 8th, 2 - 2bed/1ba on a 2,276 sq. ft lot. A 900 sq. ft 2bed/1ba single family home at 2840 E Roosevelt on a 2,277 sq. ft lot. Four units at 2908-2912 E 8th consisting of 2 - 3bed/1ba & 2 Studios on a 7,410 sq. ft lot. Combined building and lot square footage are 5,657 & 16,274 respectively. The 3 parcels on E 8th are contiguous. The property is fully occupied with most of the tenants being long term, the rents are slightly below market providing rental upside for the future owner through rent stabilization. The layout and separate parcels also create a unique exit strategy should the future owner decide to sell of the properties individually. This is an ideal investment opportunity for the value-add investor or an exchange buyer looking for a high cash-flow investment in a developing market

Essential Information

MLS® #: 190034791
Price: $1,850,000
Acres: 0.00
Type: Commercial
Sub-Type: Com-Res Income
Status: ACTIVE

Community Information

Address: 2830-2912 E 8th
Area: NATIONAL CITY (91950)
City: National City
County: San Diego
State: CA
Zip Code: 91950

Amenities

Amenities: Other/Remarks

Additional Information

Date Listed: June 17th, 2019
Days on Market: 113
Zoning: Various

Listing Details

Listing Office: South Coast Commercial, Inc.

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Listing information last updated on October 16th, 2019 at 9:32am PDT.