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Here's an incredible investment opportunity that combines immediate cash flow with substantial future potential. This fully remodeled property is already a strong performer, featuring two distinct units, each with its own parking and access, ensuring privacy and convenience for tenants. Along with this well-maintained property, you’ll receive an additional 8,811 sqft vacant lot with its own APN right next door, offering enormous upside. The current setup provides an excellent foundation for further development. With the right permits, you can add up to 6 more units: start by securing an "as built" permit for the existing structure, then consider adding 2 ADUs to the first parcel. The bonus lot opens up even more possibilities, including building a duplex with 2 ADUs. Situated in a secluded location off a private cul-de-sac, this property is conveniently close to Navy bases, Downtown and Bayfront development, providing both tranquility and accessibility. Enjoy usable land and stunning views of Coronado and downtown. This property is a rare find, ready for its next owner to unlock its full potential.
Property Type(s):
Single Family
| Last Updated | 12/26/2024 | Tract | National City |
|---|---|---|---|
| Year Built | 1941 | Community | National City |
| Garage Spaces | 2.0 | County | San Diego |
Price History
| Prior to Oct 24, '24 | $1,199,900 |
|---|---|
| Oct 24, '24 - Today | $1,149,900 |
Additional Details
| AIR | Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Refrigerator |
| AREA | National City |
| CONSTRUCTION | Other |
| GARAGE | Driveway, One Space, Yes |
| HEAT | Electric, Forced Air |
| LOT | 0.41 acre(s) |
| PARKING | Driveway,One Space |
| POOL DESCRIPTION | None |
| STORIES | 1 |
| SUBDIVISION | National City |
| UTILITIES | Water Available |
| ZONING | R-1:SINGLE |
Location
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Listed with Compass
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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