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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 | Lot Size | 1.74 AC |
| Property Type | Multifamily | Building Size | 64,330 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1969 |
| Building Class | B | Parking Ratio | 0.53/1,000 SF |
| Zoning | R4, National City | ||
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 1.74 AC |
| Building Size | 64,330 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
| Parcel Numbers | Improvements Assessment | $7,282,800 | |
| Land Assessment | $10,404,000 | Total Assessment | $17,686,800 |
Property Taxes
Parcel Numbers
Land Assessment
$10,404,000
Improvements Assessment
$7,282,800
Total Assessment
$17,686,800
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