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217 W Plaza Blvd

National City, CA 91950
  • $989,000
  • STATUS: ACTIVE
  • ON SITE: 15 Days
  • ID#: 210031960
Price Reduced
$989,000
  • 5
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1951
County:

School Ratings & Info

Description

217 W Plaza Boulevard is a 4-unit property in National City comprised of three 1 bed, 1 bath units and one 2 bed, 1 bath detached house. The units have their own yards and gated parking. All units are leased and current on paying rent. All units also have updated windows as well as new exterior paint. One unit has been completely renovated. Currently 20% upside in rents.

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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
www.themarellygroup.com/homes/123492623
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217 W Plaza Blvd National City, CA 91950

  • Price: $989,000
  • Status: ACTIVE
  • On Site: 15 Days
  • ID#: 210031960
5
Beds
4
Baths
0
½ Baths
N/A
Acres
1951
Built
Neighborhood:
National City
County:
San Diego
Area:
National City (91950)
Property Description
217 W Plaza Boulevard is a 4-unit property in National City comprised of three 1 bed, 1 bath units and one 2 bed, 1 bath detached house. The units have their own yards and gated parking. All units are leased and current on paying rent. All units also have updated windows as well as new exterior paint. One unit has been completely renovated. Currently 20% upside in rents.
Exterior Features

Exterior Wood/Stucco Fencing Partial Frontage N/K Irrigation N/K Parking For RV None Known Parking Garage Desc Unit1 N/K Parking Garage Desc Unit2 N/K Parking Garage Desc Unit3 N/K Parking Garage Desc Unit4 N/K Parking Non Garage Desc Unit1 None Known Parking Non Garage Desc Unit2 None Known Parking Non Garage Desc Unit3 None Known Parking Non Garage Desc Unit4 None Known Pool N/K Pool Heat None Known Roof Other/Remarks Site N/K Spa N/K Spa Heat None Known Topography Other/Remarks Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Unit3 Exclusive Use Yard Yes Unit4 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 3 View N/K

Interior Features

Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heat Equipment N/K Heat Source Other/Remarks Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Unit3 Laundry Hook Ups Yes Unit4 Laundry Hook Ups Yes Units With Cooling 0 Units With Dishwashers 0 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 0 Water Heater Type Other/Remarks

Property Features

Actual Cap Rate 4.83 Additional Property Use N/K Age Restrictions N/K Annual Expense Actual 18252 Annual Expense Projected 18252 Association ID San Diego Association Of Realtors (Sdar) Buildings 2 Cfd Mello Roos Fee 0.0 Community National City Complex Features N/K Complex Park 0 Cross Streets National City Blvd Gross Rent Multiplier Actual 14.5 Gross Rent Multiplier Project 13.4 Gross Scheduled Income Actual 68052 Gross Scheduled Income Project 73620 Home Owners Assoc Fee Includes N/K Mandatory Remarks None Known Market Area South Bay Miscellaneous N/K Monthly Total Fees 0 Net Operating Income Projected 53159 Other Fee Type N/K Other Fees 0.0 Other Income Actual 0 Possession Other/Remarks Projected Cap Rate 5.38 Projected Other Income 0.0 Sales Restrictions N/K Security N/K Sewer Septic Other/Remarks Short Sale No Telecommunications N/K Tenant Pays N/K Terms Other/Remarks Unit Number For Unit1 217 Unit Number For Unit2 219 Unit Number For Unit3 221 Unit Number4 221 Unit1 Deposit 1000 Unit1 Occupied Tenant Unit1 Projected Rent 1495.0 Unit1 Rent Actual 1495.0 Unit2 Deposit 1000 Unit2 Occupied Tenant Unit2 Projected Rent 1495.0 Unit2 Rent Actual 1250.0 Unit3 Deposit 1000 Unit3 Occupied Tenant Unit3 Projected Rent 1495 Unit3 Rent Actual 1475.0 Unit4 Deposit 1000 Unit4 Occupied Tenant Unit4 Projected Rent 1650 Unit4 Rent Actual 1450.0 Water N/K

Listing provided courtesy of South Coast Commercial, Inc.. Listing information © 2021 San Diego MLS Inc. Source: SDMLS
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
 
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