3004 East 18th Street

National City, CA 91950

$1,400,000
Last Sold Price
8
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

TURNKEY WELL MAINTAINED 4PLEX + ABILITY TO ADD 2 ADUs! Pleased to present this charming 4u property in National City with excellent cash flow. Approx $80k of recent upgrades including foundation, new roof, new laundry room, exterior paint, and more. Tenants pay 100% of all utilities: each unit has its own SDGE and water meter! While all units were renovated in the last 3-5 yrs, some interior spruce up here and there can yield even higher rents. Laundry and storage on site, along with 6 parking spots....TURNKEY WELL MAINTAINED 4PLEX + ABILITY TO ADD 2 ADUs! Pleased to present this charming 4u property in National City with excellent cash flow. Approx $80k of recent upgrades including foundation, new roof, new laundry room, exterior paint, and more. Tenants pay 100% of all utilities: each unit has its own SDGE and water meter! While all units were renovated in the last 3-5 yrs, some interior spruce up here and there can yield even higher rents. Laundry and storage on site, along with 6 parking spots. Unit mix is all 2BR 1BA units in two duplexes. Per ADU expert, two ADUs (approx 700SF each) can be built without losing any parking!
  1. Listed by Florian Sighe • DRE #02072593 • Brokerage DRE #01824454 • The Browar Group

Property Details for 3004 East 18th Street

Cross Streets
Euclid
Area
National City (NAC)
HOA Fee Frequency 1
Monthly
HOA Fee 2
$0
HOA Fee Frequency 2
Monthly
Assessor Parcel Number
558-270-40-00

Location

Add your commute
LISTING UPDATED: 06/27/2022 02:26 PM

Property Details for 3004 East 18th Street

StatusSold
MLS #220000496SD
Days on Market14
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1961
Lot Size-
CountySan Diego County

Location

Add your commute

Building Information for 3004 East 18th Street

Stories1Residences-Year Built1961Building Size-Lot Size-

Payment Calculator

$7,640 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,640

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3004 East 18th Street

Community / Development
Community / Development
  • Complex Name: National City
  • Number Of Units: 4
  • Builders Tract Name: National City
  • Earth Quake Insurance: 0
Structure Info
Structure Info
  • Number Of Stories: 1
  • View: No
  • Security Features: None
Contract Info
Contract Info
  • Financing: Cash
  • Listing Type: Exclusive Right To Sell
  • Service Level: Entry Only
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $59,665.00
  • Gross Scheduled Income: $85,956
  • Cap Rate: 4.40%
  • Gross Rent Multiplier: $15.30
  • Other Income1: $.00
  • Total Annual Expense: 23138
Land / Lot Info
Land / Lot Info
  • Horse: No
  • Land Included: No
Interior Features
Interior Features
  • Levels: One
  • Cooling Type: None
Exterior Features
Exterior Features
  • Pool: No
  • Spa: No
  • Roof: Composition
  • Fence: Partial
Lease Terms
Lease Terms
  • Listing Terms: Cash, Conventional, FHA
  • Tenant Pays: Electricity, Gas/Propane, Hot Water

Property History for 3004 East 18th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 3004 East 18th Street

This home is within National Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 9
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Lincoln Acres School
PublicK to 6

Granger Junior High School
Public7 to 9

Sweetwater High School
Public9 to 12

Integrity Charter School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Browar Group, Florian Sighe, DRE #02072593

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