91950 Homes For Sale in National City, CA | Nestfully

National City CA Real Estate & Commercial for Sale

1 Properties Found

The median home value in National City, CA is $650,000. This is lower than the county median home value of $725,000. The national median home value is $308,980. The average price of homes sold in National City, CA is $650,000. Approximately 33% of National City homes are owned, compared to 60% rented, while 7% are vacant. National City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact National City real estate agent to arrange a tour today!
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Beds:
n/a
Baths:
Sq.Ft.:
1,400
Status:
Active
MLS#:
PTP2402453
Type:
Retail
Year built:
1955
Listing Agent: John Van Tassel - The Real Estate Agency, [email protected]
View additional info

Excellent Investment Opportunity! Current cap rate is 4.37% with the potential to increase it to a 6.5% cap rate. One block away from Highland Avenue. This property has two retail units, each at 700 square feet. The restaurant space rent has already been increased to market rate and the beauty saloon is currently below market rate with the ability to increase it to the same as the restaurant space now. This would bring you to the 6.5% cap rate. Tenants pay all their own utilities. Landlord pays taxes and insurance only.

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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

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