721 27 E 22nd Street National City, CA $ 2,395,000
721 27 E 22nd Street
$ 2,395,000
New Construction
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721 27 E 22nd Street

National City, CA, 91950
$ 2,395,000
Bedrooms10 Baths9.0 Sq 3,897

Monthly Estimate*

$ 16,730

Listed by Keller Williams RealtyLa Jolla
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Multi-Family Home for sale in National City, CA

for $2,395,000 with 10 bedrooms and 9 full baths. This 3,897 square foot home was built in 2022 on a lot size of 0.1753.

Incredible 4 unit opportunity in National City with strong rents in place. Property consists of 2 structures. Original 1-story home was taken down to the studs in 2022 and legally split into a 3 bed/2 bath PLUS a separate 1 bed/1 bath unit. 2nd structure was built from the ground up in 2022 and consists of two 3 bed/3 bath 2-story units with large view balconies. 7 off-street parking spaces combined, tenants pay all utilities, laundry in each unit, units are all professionally managed. CAP rate of 4.28 and total combined rents of $12,445 per month. All the work here has already been done!

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Multi-Family Active

Price

$ 2,395,000

Bedrooms

10

Full Bath

9

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1753

Year Built

2022

Town/City

National City

County/Region

San Diego

MLS | Web ID

PTP2402177

Days on Market

27

Features
General
Cooling Ductless
Roof Composition
Zoning R-4:MULTIPLE RESIDENTIAL
HOA 0.0
Garage Spaces 0.0
Pool Features None
Year Built 2022
Gross Income 149340.0
Community Features Sidewalks Urban
County San Diego
Net Operating Income 102571.0
Operating Expense 46769.0
Insurance Expense 2989.0
New Construction Y
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions GPS
City National City
Entry Location varies per unit
View Y/N N
Senior Community Y/N N
Open Parking Spaces 3.0
Total Units 4
MLS Area 91950 - National City
Lot Size Square Feet 7636.0
Private Pool N
Waterfront Y/N N
Carport Spaces 4.0
Carport Y/N Y
Number of Units Leased 4
Street Name 22nd
Listing Terms Cash Conventional
Property Attached Y/N Y
Land Lease Y/N N
Electric Expense 1948.0
Home Warranty Y/N N
Fuel Expense 0.0
Trash Expense 939.0
Water Sewer Expense 481.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2402177
Days on Market 2
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 06045
Taxes 29387.0
Cap Rate 4.28
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Exterior
Parking Features Carport Driveway
Lot Features CornerLot
Total Parking 7.0
Lot Size Area 7636.0
Number of Buildings 2
Spa N
Building Area Total 3897.0
Lot Size Acres 0.1753
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 2
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 3
Common Walls Item1CommonWall
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N N
Fireplace Y/N N
Street Suffix Street
Laundry Features SeeRemarks
Entry Level 1
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 721
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* Excluded Features
List By
Keller Williams Realtyla Jolla

Broker

(619) 618-5716

Phone

Affordability Calculator

$16,730
Per Month
100%
0%
0%
Monthly Principal & Interest
$16,730
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/18/2024$2,395,000 Listed Price

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721 27 E 22nd Street, National City, CA, 91950 is a Multi-Family Home for sale at $2,395,000 with 3,897 sqft and a lot size of 0.1753. 721 27 E 22nd Street has 10 bedrooms, 9.0 baths, and was built in 2022. The property's zip code is 91950 which is in National City, CA