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33715991
33715992

1704 B Avenue, National City, CA 91950 For Sale

Lee & Associates San Diego - Carlsbad
Listed by Lee & Associates San Diego - Carlsbad
$1,300,000
35 days on market
Updated 6 days ago
Opportunity zone

1704 B Avenue

Details
APN 5601521200
Property Type Multifamily
Sub Type Apartment Building
Units 5
Cap Rate 4.24%
Buildings 1
Acreage 0.111
Zoning Assessor

Tours Avail | Submit Offers | Yr-End COE | 5u

Marketing description

We're pleased to present B Avenue Apartments, a 5-unit multifamily investment opportunity located at 1704-1712 B Avenue in National City, California. Situated on an approximately 4,827 square foot lot, the property consists of five apartment units totaling approximately 2,272 square feet and features a desirable unit mix of (4) one-bedroom/one-bath units and (1) studio unit. Built in 1955, the property offers investors stable in-place income, operational efficiency, and the opportunity for continued appreciation in one of San Diego County's most active rental markets. The property benefits from separate gas metering and features several attractive tenant amenities, including private yards, updated interiors, and a desirable residential setting. Ownership has completed renovations to four of the five units, including upgrades featuring wood cabinetry and quartz countertops, providing a modern living environment while minimizing near-term capital expenditures. Water, trash, and certain common-area utilities are currently provided by ownership. Located in the heart of National City, the property offers residents convenient access to major employment centers, shopping, dining, schools, and public transportation. The asset is strategically positioned near Interstate 5, Interstate 805, State Route 54, Downtown San Diego, Naval Base San Diego, and the National City waterfront, providing exceptional connectivity throughout San Diego County. The surrounding area continues to benefit from ongoing redevelopment, infrastructure investment, and increasing demand for quality workforce ho
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Listing Contacts

Lee & Associates San Diego - Carlsbad
Listed by Lee & Associates San Diego - Carlsbad

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Additional Information

Name
Eric Von Bluecher
License
01926201
Brokerage Phone
7609297846
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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