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
See all 9 photos

$1,900,000

$2,200,000

13.6%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

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

Acres 0.1941

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

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


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

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.