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$999,000   Price Analysis
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1625-1629 B Ave
National City, CA 91950
5 bed 3 bath 1,670 SqFt ($598/SqFt)
5,322SqFt lot. Built 1960
Listed 2024-06-17, Taxes $4,829
Ⓧ USDA Ineligible
due to price & location

near National City

Dont miss this opportunity to own this impeccably maintained and beautifully renovated 3 unit investment property in National City.

* Sale Pending *

The property includes 3 detached homes including (2) 2 bed, 1 bath and (1) 1 bed, 1 bath, each with a private utdoor space, individual laundry hookups, separate SDGE meter/Water Submeter and ample off-street parking. With the abundant outdoor space there may even be room for an ADU! Each home is easy to access from either B Ave or from the double alley access - making this feel like a corner lot.

Whether youre looking for a family compound or an investment property, this one is not to miss. The central National City location cannot be beat with Kimball Park featuring the Boys and Girls club and the library acro ss the street and National City Middle School and the elementary school around the corner.


Presented by Kate Gillingham Milke at
Coronado Island Realty.


Property MLS #PTP2403545 from CRMLS

Bedrooms: 5

Laundry Features: Outside

Full Bathrooms: 3

Lot Description: Rectangular Lot, Yard
Lot Size Acres: 0.1221763
Lot Size Source: Assessor
Lot Size Square Feet: 5322

Parking Total: 5

Number of Units: 3
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1

Calculated Total Monthly Association Fees: 0

Number of Units Leased: 2

Community Features: Curbs, Urban, Park

Source Listing Status: Pending
County: San Diego
Cap Rate: 4.75
Source Property Type: Residential Income
Insurance Expense: 1300.00
Area: 91950 - National City
Source Neighborhood: 91950 - National City
New Taxes Expense: 12400.00
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 3
Number of Separate Water Meters: 1
Parcel Number: 5601612200
Trash Expense: 1980.00
Zoning: COMMERCIAL
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$123,137 + $167,467
$290,604
$4,829
2022$120,723 + $164,184
$284,907
$4,816
2021$118,356 + $160,965
$279,321
$4,555
2020$117,143 + $159,315
$276,458
$4,300
2019$114,847 + $156,192
$271,039
$4,189
2018$112,596 + $153,130
$265,726
$4,041
2017$110,389 + $150,128
$260,517
$3,902
2016$108,225 + $147,185
$255,410
$3,820
2015$106,600 + $144,975
$251,575
$3,785
2014$104,512 + $142,136
$246,648
$3,653
2013$104,040 + $141,494
$245,534
$3,659
2012$102,000 + $138,720
$240,720
$3,611
2010$100,000 + $136,000
$236,000
$5,016
2009$209,774 + $303,621
$513,395
$6,617
2009$125,000 + $250,000
$375,000
$6,617
2008$205,661 + $297,668
$503,329
$6,352
2007$201,629 + $291,832
$493,461
$6,254

Price Changed 2024-06-28
$999,000
CRMLS
Listed 2024-06-17
$1,099,000
CRMLS
Sold 2010-09-30
$236,000
Public Record
Listing removed 2010-08-24
$199,000
SanDiegoMLS
Listed 2010-06-10
$199,000
SanDiegoMLS
Sold 2004-05-28
$465,000
Public Record

Net Operating Income: 52164.00

Total Square Feet Living: 1670
Year Built: 1960
Building Features: 3
Common Walls: No Common Walls
Entry Level: 1
Entry Location: entry
Property Age: 64
Building Total Stories: 1
Structure Type: Triplex

Sewer: Water Sewer Expense: 0.00

National City Middle School is a public middle school located approximately 0.1 miles away.
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Kimball School is a public elementary school located approximately 0.4 miles away.
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Sweetwater High School is a public high school located approximately 0.9 miles away.
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Community Center For Excellence is a private elementary school located approximately 0.6 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.