National City, CA 91950,912-916 Arcadia Pl
National City, CA 91950,912-916 Arcadia Pl
National City, CA 91950,912-916 Arcadia Pl
19
$1,200,000
$1,100,000
9.1%
Est.Price: ?

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9 BD
5 BA
700 SqFt

912-916 Arcadia Pl National City, CA 91950

Est. payment /mo
SOLD DATE : 10/16/2023

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Key Details

Sold Price $1,200,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

Square Footage 700 sqft

Price per Sqft $1,714

Subdivision National City

MLS Listing ID 230016534

Bedrooms 9

Full Baths 5

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

Community National City

Area National City (91950)

Building/Complex Name National City

Zoning R-4:MULTIP

Interior

Heating Electric, Natural Gas

Exterior

Exterior Feature Stucco, Wood/Stucco

Parking Features Unit1:N/K Unit2:N/K Unit3:N/K Unit4:N/K

Fence Partial

Community Features RV/Boat Parking, N/K, Other/Remarks

Complex Features RV/Boat Parking, N/K, Other/Remarks

Roof Type Composition,Other/Remarks

Building

Story 1

Sewer Sewer Connected

Others

Acceptable Financing Cash, Conventional

Space Rent $1,910

Listing Terms Cash, Conventional

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San Diego Regional MLS (SDMLS)
Listed by Nathan Abbo • Coldwell Banker West
Bought with Sergio O Pena • Coldwell Banker West

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Nicole Assef

Agent | License ID: 2172784

+1(619) 358-3188

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