$2,200,000
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1227 Coolidge Ave National City, CA 91950
8,454 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 240004358SD
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
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Bought with Jordan Concepcion • Keller Williams Realty