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$1,395,000
21 Days Online

725-731 E 16th Street
National City, CA 91950

For Sale|Multi-Family|Active
Subdivision:
National City
County:
San Diego
Listed by Gregg Neuman of Berkshire Hathaway HomeServices California Properties ?
Call Now: (619) 353-5888
Is this the home for you? We can help make it yours.
(619) 353-5888
725-731 E 16th Street725-731 E 16th Street725-731 E 16th Street725-731 E 16th Street
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Amazingly LOW-MAINTENANCE 4-unit INCOME property in the heart of National City, featuring 2 two-bedroom/one-bath units and 2 one-bedroom/one-bath units. Two-car garage plus 4 off-street parking spaces. Generates $6786 in gross monthly rent from LONG-TERM Section 8 tenants, all of whom are single occupants. Incredibly stable income with 86% of the rent paid for by National City Housing Authority. Two tenants of 4+ years, two tenants of 25+ years… Situated in a desirable location close to shopping, the post office, and dining amenities near Highland Ave. Owner may carry with 40% down. Shown ONLY with an accepted offer.All of the units have separate gas and electricity meters. Owner pays the water bill --averaging a total of $65 per month! Very low maintenance lot with nicely paved driveway and parking spaces, and very little landscaping to worry about. The 2-car garage has been partitioned, and is used by one tenant for laundry and storage, while the owner uses the majority of the garage space for personal storage. Do the same, or generate even more income by leasing out the garage. Note: The vacant lot behind the property is NOT part of the sale -- it belongs to another owner.

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Listing Snapshot
Price 
$1,395,000
Days Online 
21 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.15 Acres
Year Built 
1959
MLS® Number 
240012500
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS®
3 weeks agoListing first seen online
General Features
Water District 
SWEETWATER AUTHORITY
Sewer 
Sewer Connected
Terms 
CashConventionalFHASeller May CarryVA
Stories 
2 Story
Interior Features
Water Heater Type 
Gas
Cooling 
N/K
Heating 
Natural Gas
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Exterior Features
Frontage 
N/K
Water 
Meter on Property
Pool 
N/K
Siding 
StuccoWoodWood/Stucco
Irrigation 
N/K
View 
City
Roof 
Composition
Community Features
Sales Restrictions 
N/K
Home Owners Fee Includes 
N/K
Miscellaneous 
N/K
Spa 
N/K
Age Restrictions 
N/K
Security Features 
N/K
Pets 
Allowed w/Restrictions
Neighborhood 
16th / Highland - National City
Schools
School District
Unknown
Elementary School
National School District
Middle School
National School District
High School
Sweetwater Union High School District
Listed by Gregg Neuman of Berkshire Hathaway HomeServices California Properties ?



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Data last update at 2024

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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