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5-Units in National City 1704-1712 B Ave 5 Unit Apartment Building $1,450,000 ($290,000/Unit) National City, CA 91950

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INVESTMENT HIGHLIGHTS

? Unit Mix: (4) 1+1, (1) Studio
The building is walking distance to Kimball Park, National City Public Library, John A Otis Elementary and a short drive or bike ride to restaurants,

? Private Patios

EXECUTIVE SUMMARY

1704-12 B AVE, NATIONAL CITY, CA 91950
Lee & Associates San Diego Multifamily Group, Eric von Bluecher and Ivan Del Muro-Garcia, are pleased to present 1704-12 B AVE, NATIONAL CITY, CA 91950 is a 5-unit multifamily investment consisting of one building totaling approximately 2,272 square feet constructed in 1955 on a 4,827 square foot lot. The unit mix consists of (4) 1+1, (1) Studio and street parking spaces.
The building is walking distance to Kimball Park, National City Public Library, John A Otis Elementary and a short drive or bike ride to restaurants, grocery and errands.
Please do not walk on the property or talk to the tenants, ownership or management without Listing Agents approval.
Contact for more information:
Eric von Bluecher D 760.929.7846 or evb@lee-associates.com
Ivan Del Muro-Garcia D 760.448.2451 or idmg@lee-associates.com

FINANCIAL SUMMARY (ACTUAL - 2024)	ANNUAL	ANNUAL PER SF
Gross Rental Income	$99,036	$43.59
Other Income	-	-
Vacancy Loss	$2,971	$1.31
Effective Gross Income	$96,065	$42.28
Taxes	-	-
Operating Expenses	-	-
Total Expenses	$45,270	$19.93
Net Operating Income	$50,795	$22.36

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual	$99,036
Annual Per SF	$43.59

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	$2,971
Annual Per SF	$1.31

Effective Gross Income
Annual	$96,065
Annual Per SF	$42.28

Taxes
Annual	-
Annual Per SF	-

Operating Expenses
Annual	-
Annual Per SF	-

Total Expenses
Annual	$45,270
Annual Per SF	$19.93

Net Operating Income
Annual	$50,795
Annual Per SF	$22.36

PROPERTY FACTS

Price	$1,450,000	Building Class	C
Price Per Unit	$290,000	Lot Size	0.11 AC
Sale Type	Investment	Building Size	2,272 SF
No. Units	5	No. Stories	1
Property Type	Multifamily	Year Built	1955
Property Subtype	Apartment	Parking Ratio	2.64/1,000 SF
Apartment Style	Low-Rise	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	CH, National City

Price	$1,450,000
Price Per Unit	$290,000
Sale Type	Investment
No. Units	5
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.11 AC
Building Size	2,272 SF
No. Stories	1
Year Built	1955
Parking Ratio	2.64/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	CH, National City