Income-producing investment opportunity in centrally located National City! Reported annual rental income of $127,200 and operating expenses of $23,563 yield an estimated annual NOI of $103,637. A recent appraisal valued the property at $1,550,000, with a sales price of $1,449,000 and approximately 7.15% NOI. The appraisal confirmed approximately 3,292 square feet of combined living area across four residences: three 2-bedroom, 1-bath units and one spacious 3-bedroom, 2-bath unit. Situated on a 7,815-square-foot lot with on-site parking for up to six vehicles, the property offers multiple rental income streams and the flexibility to explore living in one residence while renting the others. Conveniently located near parks, schools, grocery stores, dining and Plaza Bonita, with easy access to I-5, I-805 and SR-54.
Features
9 bedrooms
5 bathrooms
crop_free7815 sq. ft. lot size
cottageMulti-Family
Property history for 2027 E Avenue
2022
Sold
$735,000
21 Jun 2022 by Ines Polanco-Silva, of Big Block Realty
2020
Sold
$570,000
23 Jun 2020 by Erick Ciprian, of Coldwell Banker West
Happy sellers in National City
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Local market activity for 9 bedroom multi families in National City
Sold
For Sale
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