For Sale, USD 1,395,000
(Off Market)
725 E 16th Street, National City CA 91950, National City, California, United States
Property Type : Multi-Family Home
Property Style : N/A
Build Size : 2,736 ft² / 254 m²
Land Size : N/A
Bedroom : 6
Bathroom : 4
Half Bathroom : 0
MLS#: N/A
Property Description
**Owner may carry with 40% down** Great for a 1031 exchange! 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.
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725 E 16th Street, National City CA 91950, United States,California,National City is a 2,736ft² National City luxury Multi-Family Home listed for sale USD 1,395,000. This high end National City Multi-Family Home is comprised of 6 bedrooms and 4 baths. Find more luxury properties in National City or search for luxury properties for sale in National City.