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1224-1306 E 18th St
National City, CA 91950
NC18 Apartments · Multifamily Property For Sale · 36 Units

Investment Highlights

  • Fully leased and low turnover property
  • On-site laundry facilities and on-site parking
  • Simple courtyard design requiring low maintenance
  • Stable income & expenses (long-term owner)
  • Potential to permit 9 ADUs from the existing garage spaces and/or vacant storage space without any additional parking requirements
  • Can purchase adjacent parcel (1224-34 E 8th St - 40 units)

Property Facts

No. Units 36
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 1.74 AC
Building Size 67,255 SF
No. Stories 2
Year Built 1969
Parking Ratio 0.53/1,000 SF
Zoning R4, National City

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Heating
  • Ceiling Fans
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Carpet
  • Freezer
  • Vinyl Flooring
  • Wheelchair Accessible (Rooms)

Site Amenities

  • 24 Hour Access
  • Laundry Facilities
  • Property Manager on Site
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 1 - 500
1+1 13 - 609
2+1 22 - 828

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 561-210-34
  • 561-210-36
Land Assessment
$10,404,000
Improvements Assessment
$7,282,800
Total Assessment
$17,686,800
  • Listing ID: 26408894

  • Date on Market: 8/15/2022

  • Last Updated:

  • Address: 1224-1306 E 18th St, National City, CA 91950

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