This Multifamily Property is no longer advertised on LoopNet.com.

725 E 16th St
National City, CA 91950
725-731 E 16th St · Multifamily Property For Sale · 4 Units

Investment Highlights

  • Super LOW maintenance - very easy to maintain
  • 2 of the tenants have been there for 25+ years, the other 2 for 4+ years
  • All tenants on Section 8 (85% of rents paid for by the government)
  • 4 Off-Street Parking Spots PLUS a 2-car garage (one of the spots is in front of garage)

Property Facts

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.15 AC
Building Size 2,784 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1959/1960
Parking Ratio 3/1,000 SF
Zoning RESID. MULTIPLE FAMILY - 4 parking spaces (1 in front of the the 2-car garage) - presently no cars park in garage but garage could be used for parking 2 cars as well.

Amenities

Unit Amenities

  • Cable Ready
  • Refrigerator
  • Range
  • Tub/Shower
  • Carpet
  • Freezer

Site Amenities

  • Public Transportation

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 2 $1,637 528
2+1 2 $1,950 840

Property Taxes

Property Taxes

Parcel Number
560-131-20
Land Assessment
$234,470
Improvements Assessment
$117,226
Total Assessment
$351,696
  • Listing ID: 31997878

  • Date on Market: 6/3/2024

  • Last Updated:

  • Address: 725 E 16th St, National City, CA 91950

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