National City, CA 91950,331-37 1st St
National City, CA 91950,331-37 1st St
National City, CA 91950,331-37 1st St
National City, CA 91950,331-37 1st St
National City, CA 91950,331-37 1st St
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$1,175,000

$1,175,000

Est.Price: ?

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Est. payment /mo

6 Beds

4 Baths

500 SqFt


SOLD DATE : 04/04/2025

Key Details

Sold Price $1,175,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

Square Footage 500 sqft

Price per Sqft $2,350

Subdivision National City

MLS Listing ID 250016926

Sold Date 04/04/25

Bedrooms 6

Full Baths 4

HOA Y/N No

Year Built 1952

Lot Size 6,107 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Situated in the heart of National City—a dynamic, centrally located community known for its rich cultural heritage—this property offers strong tenant appeal. National City provides convenient access to key amenities, including popular shopping centers, diverse dining options, parks, and cultural landmarks, making it an attractive destination for both professionals and families. Its proximity to major transportation hubs, Downtown San Diego, the Port of San Diego, and key employment centers enhances its desirability, offering tenants short commutes and plentiful recreational opportunities. While the property has not been recently renovated, its classic charm presents a valuable opportunity for investors seeking to add value through updates. The current condition offers flexibility for customization, making it ideal for buyers looking to modernize units or reposition the property to meet the growing demand for upgraded rentals in this evolving and highly accessible area. Additionally, the property includes two garages that present potential for an ADU conversion, adding further value and rental income opportunities. Furthermore, the existing shed on the property could be marketed as a conveyed asset, offering potential income if rented out for storage. ***Adjacent Property is also listed*** and can be sold together for 12-units.

Location

State CA

County San Diego

Community National City

Area National City (91950)

Building/Complex Name Kimball Park

Interior

Cooling Other/Remarks

Exterior

Exterior Feature Wood/Stucco

Fence Partial

Roof Type Tile/Clay

Building

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Acceptable Financing Cash, Conventional, Exchange, FHA, VA

Space Rent $1,037

Listing Terms Cash, Conventional, Exchange, FHA, VA

Financing Conventional

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San Diego Regional MLS (SDMLS)
Listed by Aaron Bove • Marcus & Millichap
Bought with Aiden Rhee • Kim Real Estate
agent-avatar

+1(858) 900-1797

bern@offthe56.com

8390 Merge Ave, Diego, CA, 92129, United States

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