7
See all 7 photos
$2,300,000
Est. payment /mo
6,555 Sqft Lot
New
1121 E 6TH National City, CA 91950
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID NDP2605802
HOA Y/N No
Year Built 1973
Lot Size 6,555 Sqft
Property Description
Lee & Associates Multifamily Group - North San Diego County is pleased to present 1121 E 6th Street, a 7-unit multifamily investment opportunity located in the heart of National City, one of San Diego County's most dynamic and rapidly evolving rental markets. The property consists of seven apartment units totaling approximately 4,536 square feet situated on a 6,555 square foot lot, featuring a desirable unit mix of (1) three-bedroom/two-bath unit and (6) one-bedroom/one-bath units. Built in 1973, the property offers investors stable in-place income with significant upside through continued rent growth and strategic value-add improvements. The property benefits from separate gas and electric metering, helping minimize landlord utility expenses while providing operational efficiency. Residents enjoy desirable amenities including eight on-site parking spaces, on-site laundry facilities, granite countertops, and dumpster service, enhancing tenant retention and market appeal. The property's straightforward layout and solid construction provide an ideal foundation for future upgrades designed to increase rental income and overall asset performance. Located just minutes from Downtown San Diego, Naval Base San Diego, Chula Vista, and major employment centers throughout the South Bay, the property offers tenants convenient access to shopping, dining, schools, public transportation, and essential services. The property's proximity to Interstate 5, Interstate 805, and State Route 54 provides exceptional regional connectivity, making it an attractive housing option for commuters throughout San Diego County. National City continues to experience substantial public and private investment, driven by multifamily redevelopment, infrastructure improvements, and revitalization efforts throughout the city. With strong rental demand, a central location, operational efficiencies, and measurable rental upside, 1121 E 6th Street presents investors with an opportunity to acquire a well-positioned asset offering both immediate cash flow and long-term appreciation potential. Buyer to verify all property information, including but not limited to square footage, lot size, unit count, unit mix, parking configuration, utility metering, permits, financial information, and market rental assumptions.
Location
State CA
County San Diego
Area 91950 - National City
Zoning BUYER VERIFY
Interior
Fireplace No
Laundry None
Exterior
Pool None
Community Features Curbs
View Y/N No
Private Pool No
Building
Lot Description Rectangular Lot
Story 2
Sewer Public Sewer
Others
Senior Community No
Tax ID 5563142300
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2511275
Listed by Eric von Bluecher Lee & Associates 760-929-7846, DRE #01926201
NEARBY SCHOOL & BUSINESS
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