702 R Ave, National City, CA 91950
Sold
702 R Ave, National City, CA 91950
Epic opportunity to take this turnkey single-story 12-unit gem to the next level! All units are 2br/1ba and have upgraded granite kitchens and baths, 36-inch wide interior doors (handicap-friendly), walk-in closets, newer front doors, and an extra storage unit for each! Utilities paid by the tenants who enjoy a fantastic garden setting on almost an acre of land with ample parking too (18 spaces). The average rent here is $1517 per month and market rents nearby are $1700-$1900 - here's your upside! There is rent control of 5% + CPI (1.8% this year) = 6.8% which is about the same as the market's average annual percentage-increase anyway. Please do not bother the tenants - some of which have been there 10-20 years. Epic opportunity to take this turnkey single-story 12-unit gem to the next level! All units are 2br/1ba and have upgraded granite kitchens and baths, 36-inch wide interior doors (handicap-friendly), walk-in closets, newer front doors, and an extra storage unit for each! Utilities paid by the tenants who enjoy a fantastic garden setting on almost an acre of land with ample parking too (18 spaces).
Jim and Donna recognize that buying or selling a home is more than a business transaction—they help people change their lives! If you want a hands-on approach directed by two agents at the top of their field, reach out to the Klinge Realty Group today.