1629 Palm AVE, National City, CA 91950
$3,500,000
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0.61 Acres Lot
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1629 Palm AVE National City, CA 91950

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Andre Hobbs

Andre Hobbs

+1(619) 892-1008

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Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision National City

MLS Listing ID IV26214005

HOA Y/N No

Year Built 1977

Lot Size 0.610 Acres

Property Sub-Type Apartment

Property Description

Prime 16-Unit Multifamily Investment Opportunity 1629 Palm Avenue, National City, CA 91950 An exceptional opportunity to acquire a fully occupied, 16-unit residential community situated in a high-demand pocket of San Diego County. This two-story asset features a generous ~26,571 SF lot (~0.61 acres) with 10,616 SF of total living space and an outstanding 2:1 parking ratio with 32 dedicated spaces. Property Highlights & Unit Breakdown Unit Mix: 5 Units: 1 Bedroom / 1 Bathroom, 9 Units: 2 Bedrooms / 1 Bathroom, 2 Units: 2 Bedrooms / 2 Bathrooms. Occupancy: 100% Occupied—providing immediate, steady cash flow from day one. On Site Amenities: On-site laundry facility and ample assigned parking for residents and guests. Building Specs: 2-Story construction | 10,616 SF Building Size | 26,571 SF Lot Size | 32 Parking Spaces. Centrally located in National City, this property offers seamless connectivity to major transit corridors, employment centers, dining, and retail options. Convenient Commute: Quick access to major thoroughfares (I-5, I-805, and SR-54) and just minutes from Naval Base San Diego, Chula Vista, and Downtown San Diego. In-Demand Lifestyle: Walkable or short drive to local shopping, grocery stores, schools, and neighborhood dining. Value-Add Upside: Incoming ownership can leverage the robust San Diego County multifamily market by capitalizing on strong tenant demand, implementing targeted unit renovations, and capturing rental rate growth over time. Property sold in as-is condition.

Location

State CA

County San Diego

Area 91950 - National City

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 32.0

Garage Description 32.0

Pool None

Community Features Sidewalks

Total Parking Spaces 32

Private Pool No

Building

Lot Description 16-20 Units/Acre

Story 2

Entry Level Two

Sewer Private Sewer

Water Private

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5611312000

Energy Description 11601.0

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by SHIRLY ALANO Popular Real Estate 949-836-6589, DRE #02050188

NEARBY SCHOOL & BUSINESS

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Andre Hobbs

Andre Hobbs

San Diego Broker | The Hobbs Valor Group CA License 01485241

+1(619) 892-1008

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1629 Palm AVE