$780,000
$800,000
2.5%For more information regarding the value of a property, please contact us for a free consultation.
0.57 Acres Lot
SOLD DATE : 05/14/2018
Key Details
Sold Price $780,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision National City
MLS Listing ID 180011496
Sold Date 05/14/18
HOA Y/N No
Lot Size 0.570 Acres
Property Description
1st time advertised - The City said that up to 22 units can be built on these 4 parcels - 2 separate lots & 2 other separate detached houses, total of 4 partial #s. These 4 parcel numbers are located next to each other - Since all 4 parcel #s have access from street & alley, there are less restrictions to build & to build maximum allowed square feet is possible - Currently the 2 houses have water, sewer, gas & electric, & the two lots have access to all utilities. Walking distance to shops etc. 1st time advertised. Although this has been advertised under lot for sale, there are 2 detached houses at 1821 C Ave., parcel number 560-222-35-00, 2 bedrooms & 1 bath. 792 Sq. Ft. tenants pay $1,425 for rent per month & 1827 C Ave., parcel number 560-222-36-00, 2 bedrooms & 1 bath. 864 Sq. Ft. tenants pay $1,350 rent per month. These 4 parcels are about 47 Ft X 125 Ft. each & a total of 23,580 Sq. Ft. Bring your favorite builder to get an estimate of building up to 22 units. You can build part of the 22 units now & the rest later. The seller is retiring, he already contacted the City & they confirmed the above info.The entire 4 lots are flat & usable & has access from C Ave. as well as alley access. Near freeways, shops, library, churches, schools etc.. Near freeway 5, 15, 54, 94 & 805. 2 exits away from downtown San Diego. National City has been improved in the last 10 years, such as great asphalt for the streets, new signage for pedestrians & bicyclists etc.. About two years ago the City of National City stopped issuing warehouse permits, as a result more investors & owner occupied properties were created. You may purchase just one parcel for $198,000 or all 4 for $800,000. Stable, quiet & high demand area - There is no liens, court order, restrictions, citations, fines on these 4 properties. Neighborhoods: National City Other Fees: 0 Sewer: Sewer Available,Sewer Connected
Location
State CA
County San Diego
Area 91950 - National City
Zoning Multi unit
Interior
Fireplace No
Exterior
Utilities Available Cable Available, Natural Gas Available, Phone Available, See Remarks
Building
Lot Description Level
Water See Remarks
Others
Tax ID 5602223700
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Gregory Schwab • Big Block Realty, Inc.