520 F Ave

National City, CA 91950

PRICE REDUCED

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-$13,500,000 (-90.00%)

$1,500,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1993

calendar_month Built

Property Description

Charming Victorian Multi-Unit Home – Rare Investment Opportunity Property Highlights: Historic Victorian Architecture: Timeless beauty with elegant design elements. Prime Investment: 4-unit property with room to expand, presenting lucrative rental opportunities. Mills Act Savings: Historic designation offers substantial property tax relief, maximizing ROI. Ideal Location: Positioned in a highly walkable, up-and-coming area with steady growth potential, close to local amenities and the vibrant downtown area. Strong Rental Upside: With gentrification underway, the neighborhood attracts quality tenants and offers strong upward rent potential. Near 32nd Naval Station: Proximity to the naval base adds rental demand and stability. This meticulously maintained and freshly painted Victorian home marries historical charm with modern-day income potential. Enjoy immediate cash flow with the current units while exploring the possibility of adding more. Perfect for investors looking for a long-term asset that offers both character and exceptional financial benefits. Don't miss this unique opportunity to own a piece of history with financial upside – schedule a viewing today!

Listing Information

List Price $1,500,000
Status Active
MLS 240025364SD
HOA $0
Type Residential Income
Year Built 1993
Lot Size 5,315
Structure Size N/A
DOM 29
Courtesy Of Apropos
Listing Agent John Rinaldi DRE#01861566

Interior Features

Total Bedroom
Bedrooms N/A
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: John Rinaldi, Apropos 619-295-8516. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 24th, 2024 at 1:12 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.