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$1,395,000

Beds
6
Baths
4.0
sq ft
2,736

725 E 16th St, National City, CA 91950

725 E 16th St

National City, CA 91950

  • 63 days on market
**Owner may carry with 40% down** Location, location.... this is what you've been waiting for with one of the best locations in National City! Amazingly LOW-MAINTENANCE 4-unit INCOME property in the heart of National City, featuring 2 two-bedroom/one-bath units and 2 one-bedroom/one-bath units. Two-car garage plus 4 off-street parking spaces. Generates $7173 in gross monthly rent from LONG-TERM Section 8 tenants, all of whom are single occupants. Incredibly stable income with appx 86% of the rent paid for by National City Housing Authority. Two tenants of 4+ years, two tenants of 25+ years… Looking for even MORE INCOME? Buyer MAY be able to convert the garage into an ADU/5th unit. Situated in a desirable location close to shopping, the post office, and dining amenities near Highland Ave. Shown ONLY with an accepted offer.

Details

Property type

Lot size

6,342 sq ft

Price per sq ft

$510

Year built

1959

Price History

09/01/2024
SanDiego

SanDiego #240020786

Listed
$1,395,000
08/31/2024
SanDiego

SanDiego #240012500

Removed
$1,395,000
06/03/2024
SanDiego

SanDiego #240012500

Listed
$1,395,000

Schools & Community

Neighborhood: 

Central

Elementary school: 

National School District

Middle school: 

National School District

High school: 

Sweetwater Union High School District

Status: Active

Tomo last checked: 11/03/2024 at 5:30 AM

Listing updated: 10/17/2024 at 7:56 AM

Listed by: Gregg R Neuman, Berkshire Hathaway HomeServices California Properties Phone #: (619) 595-7020

MLS: SanDiego #240020786

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