National City, CA 91950,912 916 Arcadia Pl
National City, CA 91950,912 916 Arcadia Pl
National City, CA 91950,912 916 Arcadia Pl
National City, CA 91950,912 916 Arcadia Pl
National City, CA 91950,912 916 Arcadia Pl
National City, CA 91950,912 916 Arcadia Pl
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$1,200,000

$1,100,000

9.1%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

0.28 Acres Lot


SOLD DATE : 10/16/2023

Key Details

Sold Price $1,200,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision National City

MLS Listing ID 230016534SD

Sold Date 10/16/23

HOA Y/N No

Year Built 1970

Lot Size 0.283 Acres

Property Description

Investment opportunity awaits at 912-916 Arcadia Pl, National City. This 4-unit property, positioned on a 12,000+ sq ft lot, is a true cash cow. Each unit is well-maintained, offering a stable income. The potential for an additional ADU provides a unique value add opportunity. Located in a growing community known for its upside, this property is near shopping, dining, and transportation. Don't miss this chance to invest in a property with strong returns and growth potential. Contact us for a tour! Investment Opportunity Awaits at 912-916 Arcadia Pl, National City! Introducing a remarkable investment opportunity in the heart of National City's growing community. This multi-unit property, a true cash cow, consists of 4 units nestled on a generous 12,000+ square foot lot. 4 Units Total: Each unit is well-maintained and offers comfortable living space for tenants, providing a stable income stream. Value Add Opportunity: There's a potential to significantly increase the value of this property by increasing rents or adding an additional dwelling unit (ADU). With a sprawling oversized 12,000+ sq ft lot, the outdoor space offers plenty of room for landscaping, parking, or future development. National City is recognized for its growth and positive trajectory. This property sits in a location with incredible upside potential. Whether you're an experienced investor or new to the market, 912-916 Arcadia Pl offers an excellent return on investment. The property's existing units generate substantial revenue, and the possibility of adding an ADU presents a unique opportunity to further maximize returns. National City is an area on the rise, known for its community-driven atmosphere and increasing demand. Situated in a convenient location near shopping centers, dining options, and public transportation, this property offers both comfort and convenience to potential tenants. Don't Miss Out! With a combination of steady cash flow and exciting growth potential, 912-916 Arcadia Pl is a must-see for any serious investor. Contact your agent today and explore the limitless possibilities this multi-unit property offers.

Location

State CA

County San Diego

Area 91950 - National City

Building/Complex Name National City

Zoning R-4:MULTIP

Interior

Heating Combination, Electric, Natural Gas

Cooling None

Fireplace No

Exterior

Fence Partial

Pool None

View Y/N No

Roof Type Composition

Private Pool No

Building

Story 1

Entry Level One

Level or Stories One

Others

Senior Community No

Tax ID 5580210800

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Conventional

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California Regional MLS (CRMLS)
Listed by Nathan Abbo • Coldwell Banker West
Bought with Sergio Pena • Coldwell Banker West
agent-avatar

+1(619) 519-2303

steve@stevelucal.com

PO Box 181892, Coronado, California, 92178, United States

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