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  • MLS#: 250016926SD ( )
  • Street Address: 331 1st St
  • Viewed: 2
  • Price: $1,175,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1952
  • Bldg sqft: 0
  • Days On Market: 15
  • Additional Information
  • County: SAN DIEGO
  • City: National City
  • Zipcode: 91950
  • Subdivision: National City
  • Provided by: Marcus & Millichap
  • Contact: Aaron Aaron
  • DMCA Notice
  • Description
    Situated in the heart of National Citya dynamic, centrally located community known for its rich cultural heritagethis property offers strong tenant appeal. National City provides convenient access to key amenities, including popular shopping centers, diverse dining options, parks, and cultural landmarks, making it an attractive destination for both professionals and families. Its proximity to major transportation hubs, Downtown San Diego, the Port of San Diego, and key employment centers enhances its desirability, offering tenants short commutes and plentiful recreational opportunities. While the property has not been recently renovated, its classic charm presents a valuable opportunity for investors seeking to add value through updates. The current condition offers flexibility for customization, making it ideal for buyers looking to modernize units or reposition the property to meet the growing demand for upgraded rentals in this evolving and highly accessible area. Additionally, the property includes two garages that present potential for an ADU conversion, adding further value and rental income opportunities. Furthermore, the existing shed on the property could be marketed as a conveyed asset, offering potential income if rented out for storage. ***Adjacent Property is also listed*** and can be sold together for 12 units.
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Features
Association Fee
  1. 0.00
Cooling
  1. See Remarks
Country
  1. US
Days On Market
  1. 13
Fencing
  1. Partial
Levels
  1. Two
Netoperatingincome
  1. 19895.00
Parcel Number
  1. 5560105000
Park Name
  1. Kimball Park
Sourcesystemkey
  1. 250016926:SDP
Subdivision Name Other
  1. National City
Tenant Pays
  1. See Remarks
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/snd/250016926
Year Built
  1. 1952