721 East 22nd Street

National City, CA 91950

$2,395,000
Price
10
Beds
9
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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...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!
  1. Listed by Drew Auker • DRE #01867075 • Brokerage DRE #01932411 • Keller Williams RealtyLa Jolla
  2. Listed by Kelly Moore • Brokerage DRE #01932411 • Keller Williams RealtyLa Jolla

Property Details for 721 East 22nd Street

Neighborhood
National City
City Postal ID
NATIONAL CITY (91950)

Location

Listing Courtesy of Keller Williams RealtyLa Jolla, Drew Auker, DRE #01867075; Keller Williams RealtyLa Jolla, Kelly Moore
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LISTING UPDATED: 04/21/2024 05:29 AM

Property Details for 721 East 22nd Street

StatusActive
MLS #PTP2402177
Days on Market21
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type2-4 Units
Year Built-
Lot Size0.18 AC / 7,636 SF
CountySan Diego County

Location

Listing Courtesy of Keller Williams RealtyLa Jolla, Drew Auker, DRE #01867075; Keller Williams RealtyLa Jolla, Kelly Moore
Add your commute

Building Information for 721 East 22nd Street

Stories3Residences-Year Built-Building Size-Lot Size0.18 AC / 7,636 SF

Payment Calculator

$13,070 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,070

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 721 East 22nd Street

Summary Information
Property and Location
  • System ID: 306150548
  • Class: 2-4 UNITS
  • Street Number Numeric: 721
  • Street Direction: E
  • Street Name: 22nd Street
  • Directions To Property: GPS
HOA and Fees
  • Home Owner Fees: $0
  • CFD/Mello-Roos Fee: $0
  • CFD/Mello-Roos Fee Reflct: Year
Supplement
  • Supplement: 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!
Interior and Exterior Features
Exterior Features
  • Roof: Composition
  • Pool: N/K
Property Information
Property and Assessments
  • Total Stories: 3
  • Entry Only: No
  • Lot Size: 7,500-10,889 SF
  • Lot Size Source: Assessor Record
  • Site: Corner Lot, Sidewalks
  • Zoning: Assessor
  • Assessments: N/K
  • Assessors Parcel Num: 5603201900
Multi Family Information
Unit 1
  • Unit Num for Unit 1: 1
  • Unit 1 Num of Bedrooms: 3
  • Unit 1 Num of Total Baths: 2
  • Unit 1 Rent Actual: $3,750
Unit 2
  • Unit Num for Unit 2: 2
  • Unit 2 Num of Bedrooms: 1
  • Unit 2 Num of Total Baths: 1
  • Unit 2 Rent Actual: $1,995
Unit 3
  • Unit Num for Unit 3: 3
  • Unit 3 Num of Bedrooms: 3
  • Unit 3 Num of Total Baths: 3
  • Unit 3 Rent Actual: $3,350
Unit 4
  • Unit Num for Unit 4: 4
  • Unit 4 Num of Bedrooms: 3
  • Unit 4 Num of Total Baths: 3
  • Unit 4 Rent Actual: $3,350

Property History for 721 East 22nd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 721 East 22nd Street

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

National City Middle School
Public7 to 8

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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721 East 22nd Street is a multi-family home for sale in National City, CA 91950. This property was listed for sale on April 18, 2024 by Keller Williams RealtyLa Jolla, it's currently listed at $2,395,000. This listing's school districts are National Elementary School District, Sweetwater Union High School District. Nearby schools include John A. Otis Elementary School, National City Middle School and Sweetwater High School. 721 East 22nd Street is a 10-bed, 9-bath, multi-family home.

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Listing Courtesy of Keller Williams RealtyLa Jolla, Drew Auker, DRE #01867075; Keller Williams RealtyLa Jolla, Kelly Moore

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