721 22nd Street, National City, CA 91950

$2,395,000
List Price
$2,395,000
MLS#
PTP2402177
Status
ACTIVE
Type
Multifamily
Neighborhood
National City

Property Description

Incredible 4 unit opportunity in National City with strong rents in place. Property consists of 2 structures. Original 1-story home was taken down to the studs in 2022 and legally split into a 3 bed/2 bath PLUS a separate 1 bed/1 bath unit. 2nd structure was built from the ground up in 2022 and consists of two 3 bed/3 bath 2-story units with large view balconies. 7 off-street parking spaces combined, tenants pay all utilities, laundry in each unit, units are all professionally managed. CAP rate of 4.28 and total combined rents of $12,445 per month. All the work here has already been done!

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Courtesy of Keller Williams RealtyLa Jolla, Drew Auker.