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$4,998,000

Est. payment - /mo

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0.81 Acres Lot

Active

702 R Ave National City, CA 91950

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Chris Mardelli

chris@therealupside.com +1(310) 571-5761

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250030071SD

HOA Y/N No

Lot Size 0.810 Acres

Property Sub-Type Mixed Use

Property Description

Please review the appraisal report. The property consists of 12 one-story townhome-style units that have undergone a complete renovation, including a reinforced foundation with rebars and concrete, The new roof boasts over 24 new flat ventilation vents, ensuring optimal air circulation within the structure. brand new vinyl flooring throughout, and new kitchens equipped with high-end appliances such as island hood fans and side-by-side fridges with ice makers and water dispensers. Furthermore, all master bedrooms now feature spacious walk-in closets. A permit was in process to build 8 more units, but with the new "California Density Bonus" (See attached), this lot is now eligible to build more than 65 units, subject to approval by the city of National City. Our architect, based on the meeting with the City of National City and all their regulations and Floor area ratio (FAR), created a future plan, which is attached to all pictures.

Location

State CA

County San Diego

Area 91950 - National City

Zoning R-4:MULTIP

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Carport Spaces 12

Roof Type Composition

Total Parking Spaces 18

Others

Tax ID 5571204000

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Listed by Farid Khayamian Bluxen, Inc.

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