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Listed by Ava Khamooshi • AK Broker
$ 1,650,000
Est. payment /mo
Active
42 E 5th St National City, CA 91950
2,767 SqFt
UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 2,767 sqft
Price per Sqft $596
MLS Listing ID CRNDP2501848
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1940
Lot Size 5,963 Sqft
Property Sub-Type OTHER
Property Description
High Cap Rate & VA-Approved. UPGRADED & REMODELED FOURPLEX IN THE BOOMING RENTAL MARKET OF NATIONAL CITY! Very High Income, Cash Cow! This fully renovated 4-unit investment property offers a turnkey opportunity for first-time homebuyers or savvy investors seeking strong rental income. Boasting a high cap rate, this VA-approved property is perfect for veterans looking to own an income-generating asset. The property consists of four beautifully upgraded units. Two of the units are 1-bedroom, 1-bath cottages (407 sq. ft. and 600 sq. ft.), while the other two units offer more space, including a 1-bedroom, 1-bath unit with an extra optional bedroom (856 sq. ft.) and a 2-bedroom, 2-bath unit (885 sq. ft.). Each unit has been fully upgraded with brand-new kitchens, bathrooms, hardwood flooring, fencing, landscaping, and fresh paint throughout. The front structure features new construction, with completely replaced foundation, electrical, and plumbing in the front-right unit. Every unit is equipped with brand-new AC mini-splits and washer/dryer units for maximum comfort and convenience. The property is low maintenance with excellent security, featuring circle security cameras on each unit and two gated entrances—one in the front and one in the back. It also offers four assigned parking
Location
State CA
County San Diego
Interior
Fireplace No
Laundry Common Area, Dryer, Washer, Other, Inside
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