National City, CA 91950,541 L Avenue

$1,155,000

$1,100,000

5.0%
Est.Price: ?

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Est. payment /mo

2,546 SqFt


SOLD DATE : 06/30/2022

Key Details

Sold Price $1,155,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,546 sqft

Price per Sqft $453

MLS Listing ID PTP2203851

Sold Date 06/30/22

HOA Y/N No

Year Built 1953

Lot Size 7,932 Sqft

Acres 0.1821

Property Description

We are pleased to present 541-543 L Avenue, LIVE IN ONE AND RENT OUT THE OTHER. Newly remodeled, fully permitted duplex on a large 7932 square foot corner lot. The property consists of 1) 3BD/2BTH home, potential rent is $3000-$3300, and 1) 2BD/2BTH home, potential rent is $2500-$3000. Large fully fenced yard that can be separated if desired.Each home has modern cabinetry, vinyl dual pane windows, new roof, plumbing, and electrical, separate meters.New kitchen countertops and appliances. New bathroom tile, vanities, and mirrors.New vinyl plank flooring and can lighting. Each unit complete with Mini splits-a/c and heating systems-and laundry hookups. New interior/exterior doors and hardware and interior/exterior paint.Plenty of storage space in both units, storage unit on bottom level.Minimum 4 parking spots. INVESTOR PROPERTY with potential monthly income in the $5500 to $6300 which is a net operating income in the $47,520 to $54,432 range and cap rate 4.3% to 4.9% in San Diego, which has low vacancy rates and rising rents.

Location

State CA

County San Diego

Area 91950 - National City

Zoning R-4

Rooms

Ensuite Laundry Washer Hookup, Gas Dryer Hookup, Laundry Closet

Interior

Laundry Location Washer Hookup,Gas Dryer Hookup,Laundry Closet

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup, Laundry Closet

Exterior

Pool None

Community Features Curbs, Sidewalks

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Lot Description Back Yard

Water Public

Others

Senior Community No

Tax ID 5570111000

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Frank Jimenez • Real Living Lifestyle Properti
Bought with Connor Flynn • Class Realty Group
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