Listing by: Tony Elias, Compass

4 Beds

3 Baths

1,562 SqFt

Pending

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 Details
Price $1,149,900
Bedrooms 4
Full Baths 3
Half Baths 0
Total Baths 3
Lot Size Area 17993
Lot Size Area Units Square Feet
Acres 0.4131
Property Type Residential
Sub type SingleFamilyResidence
MLS Sub type Single Family Residence
Stories 1
Year Built 1941
Subdivision National City
Roof Composition
Heating Electric,Forced Air
Laundry Features Washer Hookup,Individual Room
Pool features None
Parking Description Driveway,Parking Space
Parking Spaces 8
Garage spaces 2
Geographic Data
Directions Cross Street: E 14th St.
County San Diego
Latitude 32.67552876
Longitude -117.0906467
Market Area 91950 - National City
Address Information
Address 1313 N Ave, National City, CA 91950
Postal Code 91950
City National City
State CA
Country United States
Listing Information
Listing Office Compass
Listing Agent Tony Elias
Virtual Tour URL https://www.propertypanorama.com/instaview/snd/240021886
MLS Information
Days on market 66
MLS Status Pending
Listing Date Sep 14, 2024
Listing Last Modified Nov 19, 2024
Tax ID 5573410300
MLS Area 91950 - National City
MLS # 240021886SD

This information is believed to be accurate, but without any warranty.
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