Incredible 4 unit opportunity in National City with strong rents in place. Property consists of 2 structures. Original 1-story home was taken down to the studs in 2022 and legally split into a 3 bed/2 bath PLUS a separate 1 bed/1 bath unit. 2nd structure was built from the ground up in 2022 and consists of two 3 bed/3 bath 2-story units with large view balconies. 7 off-street parking spaces combined, tenants pay all utilities, laundry in each unit, units are all professionally managed. CAP rate of 4.28 and total combined rents of $12,445 per month. All the work here has already been done!
Investor special, perfect opportunity for an investor who is looking for a great value add opportunity. Tons of untapped potential with this hidden gem in National City. The main house is a 3 bedroom 1 bath ready for your touches alongside a detached 2 car garage that can be converted into a two story ADU. This 9,296 sq ft lot is zoned RS-2 and primed for ADU development. There is a ADU feasibility study that was done on the property as well. Reach out for a copy.