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5 Units | National City | 4 Renovated Units 1704-1712 B Ave 5 Unit Apartment Building $1,200,000 ($240,000/Unit) 4.70% Cap Rate National City, CA 91950
Executive Summary
Five-unit National City multifamily property featuring (4) one-bedroom units and (1) studio. Four of the five units have been renovated with upgraded finishes, providing an attractive combination of in-place income and future rental upside. Private tours available. All offers presented. Available individually or as part of a seven-building, 39-unit portfolio.
Property Facts
| Price | $1,200,000 | Apartment Style | Low-Rise |
| Price Per Unit | $240,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.11 AC |
| Cap Rate | 4.70% | Building Size | 2,272 SF |
| Gross Rent Multiplier | 12.16 | No. Stories | 1 |
| No. Units | 5 | Year Built | 1955 |
| Property Type | Multifamily | Parking Ratio | 2.64/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | CH, National City - Buyer to verify | ||
| Price | $1,200,000 |
| Price Per Unit | $240,000 |
| Sale Type | Investment |
| Cap Rate | 4.70% |
| Gross Rent Multiplier | 12.16 |
| 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 |
| Zoning | CH, National City - Buyer to verify |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Yard
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 1+1 | 4 | - | - |
Moderately walkable
60/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 560-152-12 | Improvements Assessment | $473,516 |
| Land Assessment | $473,516 | Total Assessment | $947,032 |
Property Taxes
Parcel Number
560-152-12
Land Assessment
$473,516
Improvements Assessment
$473,516
Total Assessment
$947,032
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5 Units | National City | 4 Renovated Units | 1704-1712 B Ave