702 R Ave, National City, CA 91950

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Residential IncomeFor Sale

$5,495,000

702 R Ave

National City, CA 91950

Listing Provided Courtesy of Bluxen, Inc.

MLS: San Diego Multiple Listing Service (SDMLS)

35,283Sq Ft

Est. Mortgage

$28,464/mo

Please review the appraisal report. The property consists of 12 one-story townhome-style units that have undergone a complete renovation, including a reinforced foundation with rebars and concrete, The new roof boasts over 24 new flat ventilation vents, ensuring optimal air circulation within the structure. brand new vinyl flooring throughout, and new kitchens equipped with high-end appliances such as island hood fans and side-by-side fridges with ice makers and water dispensers. Furthermore, all master bedrooms now feature spacious walk-in closets. A permit was in process to build 8 more units, but with the new "California Density Bonus" (See attached), this lot is now eligible to build more than 65 units, subject to approval by the city of National City. Our architect, based on the meeting with the City of National City and all their regulations and Floor area ratio (FAR), created a future plan, which is attached to all pictures.

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Listing Courtesy of Bluxen, Inc.. San Diego Multiple Listing Service, Inc. “SDMLS” Last Updated: 11/17/2024 11:19 PM

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