1629 Palm Avenue, National City, CA 91950
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Jerrod Waller

Jerrod Waller

+1(858) 822-8634
$3,500,000
Est. payment /mo
5 Beds
4 Baths
0.61 Acres Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision National City

MLS Listing ID IV26214005

Bedrooms 5

Lot Size 0.610 Acres

Property Sub-Type Res Income 2-4 Units

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% Occupiedproviding 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

Zoning Assessor

Direction Take I-805 S toward National City. Take exit 10 for Plaza Boulevard. Turn onto E Plaza Blvd., then head Palm Avenue.

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 5611312000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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MLS Router / San Diego MLS
Listed by SHIRLY ALANO, DRE#02050188 Popular Real Estate 

NEARBY SCHOOL & BUSINESS

Jerrod Waller

“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”
 

+1(858) 822-8634

jwaller@sdrealtyco.com

3555 5th Avenue 3rd Floor, San Diego, CA 92103

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1629 Palm Avenue