1410 & 1420 A-D Coolidge Ave.

National City, CA 91950

UPDATED:

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Listing Price

$835,000

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Bed

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SqFt

Glen Henderson

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Key Details

Property Type: Com-Res Income

Lot Size: 0.264 Acres

Purchase Type: For Sale

Listing Status: Active

MLS Listing ID: 180062551

Type of Financing: Cash,Cash to New Loan

Property Description

This listing is for two parcels being sold together - a residential fourplex property adjacent to a commercial storage lot with an office structure and a covered storage space. Each parcel is 5,756 Sq.Ft. according to the tax assessor records. There is a fence separating them. Both parcels have been rezoned as a new flexible version of residential and commercial. Seller has not surveyed the boundary between the two parcels. There is one shared water meter and sewer line for both properties. The commercial building obtains water through the wall of the apartments at 1420 Coolidge Ave. The commercial tenant is on a month to month lease and the rent has not been raised since March of 2016. Rents shown will be in effect as of January 1, 2019. Property is being sold as is. It is ready for standard upgrades which will probably support much higher income. Some banks would loan on a fourplex at better rates. The loan sited above is for both parcels at the same time from the same lender.

Location

State: CA

County: San Diego

Interior

Heating: Wall

Cooling: None

Air Conditioning: None

Exterior

Garage: None

Building

Story: 1 Story

Schools

Elementary Schools: Las Palmas Elementary School

Middle Schools: National City Middle School

High Schools: Sweetwater Union High School

School District: Sweetwater Union High School District,National Elementary School District

Property History

Date Event Price Source

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    Glen HendersonBig Block Realty, Inc

    Glen Henderson


    Broker Associate CA BRE #01384181

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