National City, CA 91950,1227 Coolidge Ave
National City, CA 91950,1227 Coolidge Ave
National City, CA 91950,1227 Coolidge Ave
National City, CA 91950,1227 Coolidge Ave
National City, CA 91950,1227 Coolidge Ave
National City, CA 91950,1227 Coolidge Ave
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$1,900,000

$2,200,000

13.6%
Est.Price: ?

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Est. payment /mo

8,454 Sqft Lot


SOLD DATE : 04/12/2024

Key Details

Sold Price $1,900,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 240004358SD

Sold Date 04/12/24

HOA Y/N No

Lot Size 8,454 Sqft

Property Description

BRING ALL OFFERS-SELLER IDENTIFIED UPLEG. Value add opportunity for an investor at a competitive price per unit. Rents are under market and a buyer can potentially achieve 7%+ cap rate on ProForma Rents. The subject property is situated on a 8,455 square foot lot and is comprised of ten (10), 1BR/1BT units totaling approximately 4,928 rentable square feet. Tenants also enjoy a large courtyard in front with on-site laundry facilities and sits on a large corner lot of 8,712 sq ft. In addition, there are 2 units that are single story with the ability to add outdoor areas in order to increase rents.

Location

State CA

County San Diego

Area 91950 - National City

Zoning M

Interior

Fireplace No

Others

Tax ID 5600110400

Financing Cash to New Loan

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California Regional MLS (CRMLS)
Listed by Jordan Concepcion • Keller Williams Realty
Bought with Jordan Concepcion • Keller Williams Realty
agent-avatar

+1(559) 593-3088

miguelsanchez@tsret.com

7475 N Palm Ave STE 105, Fresno, CA, 93711

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