625-639 E 3rd St | National City, CA 91950
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- LoopNet Team
625-639 E 3rd St
National City, CA 91950
Eight-Unit Fully Leased Multi-Family Asset · Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- 100% occupied eight-unit multi-family asset in a primarily residential area in National City.
- Rare opportunity to acquire a profitable asset with strong historical occupancy and upside potential through renovations and rent increases.
- Located near San Diego Bay, approximately three miles from Downtown Chula Vista and six miles to Downtown San Diego.
- Positioned less than one mile from Interstate 5, Interstate 805, and the downtown area bustling with national and regional retailers.
- Nearby nationally acclaimed retailers include Walmart Supercenter, AutoZone, Joann Fabric, CVS, KFC, Domino’s Pizza, and Wingstop.
PROPERTY FACTS
| No. Units | 8 | Building Size | 6,272 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1957 |
| Building Class | C | Parking Ratio | 0.65/1,000 SF |
| Lot Size | 0.22 AC | ||
| Zoning | R-4 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 6,272 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1957 |
| Parking Ratio | 0.65/1,000 SF |
| Zoning | R-4 |
AMENITIES
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 8 | - | - |
PROPERTY TAXES
| Parcel Number | 556-125-06 | Improvements Assessment | $1,040,400 |
| Land Assessment | $780,300 | Total Assessment | $1,820,700 |
PROPERTY TAXES
Parcel Number
556-125-06
Land Assessment
$780,300
Improvements Assessment
$1,040,400
Total Assessment
$1,820,700
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