1735 E Plaza Blvd

    National City, CA 91950
    • $4,160,000
    • STATUS: SOLD
    • ON SITE: 137 days
    • ID#: 180036122
    Sold - 11/01/2018
    $4,160,000
    SOLD - 11/01/2018
    • 0
      BEDS
    • 0.89
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    The Casa Toledo Apartments are located just west of Interstate 805 on E Plaza Blvd in National City, California. Built in approximately 1969, the property is a 24-unit apartment community comprised of 15 one-bedroom / one-bathroom units and 9 two-bedroom / one-bathroom units on a large 38,768 square foot lot. Amenities include large closets, bbq area with picnic tables, plenty of off-street parking and a laundry room with 3 washers and 3 dryers. This property offers a solid base for an investor to complete their own renovations and capitalize on the rents this location may produce.

    Monthly Payment Calculator

    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2018 San Diego MLS, Inc. Licensed in the state of California.
    www.impactca.com/homes/85248113

    1735 E Plaza Blvd National City, CA 91950

    • Price: $4,499,000
    • Status: SOLD
    • Updated: 24 min ago
    • ID#: 180036122
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.89
    Acres
    Neighborhood:
    National City (91950)
    County:
    San Diego
    Area:
    National City (91950)
    Property Description
    The Casa Toledo Apartments are located just west of Interstate 805 on E Plaza Blvd in National City, California. Built in approximately 1969, the property is a 24-unit apartment community comprised of 15 one-bedroom / one-bathroom units and 9 two-bedroom / one-bathroom units on a large 38,768 square foot lot. Amenities include large closets, bbq area with picnic tables, plenty of off-street parking and a laundry room with 3 washers and 3 dryers. This property offers a solid base for an investor to complete their own renovations and capitalize on the rents this location may produce.
    Interior Features

    Baths Unit1 1 Baths Unit2 1 Bedrooms Unit1 2 Bedrooms Unit2 1 Sq Ft Of Improvement 16920

    Property Features

    Actual Cap Rate 4.77 Actual Gross Scheduled Income 352320 Actual Operating Expense 127282 Assumable Finance 0 Buildings 1 Gross Equity 2000000 Gross Multiplier 12.8 Have Units Leased Apartments 24 Mandatory Remarks None Known Market Area South Bay Monthly Rent Total 28560 Motive Want Sell Other Income Amount 9600 Other Income Source Prk/Lndry Projected Cap Rate 6.15 Projected Gross Multiplier 10.8 Projected Gross Scheduled Inc 416340 Projected Net Income 276568 Projected Operating Expense 127282 Short Sale No Unit Number1 9 Unit Number2 15 Unit Rent Total1 12060 Unit Rent Total2 16500 Unit Rent1 1340 Unit Rent2 1100

    Listing provided courtesy of South Coast Commercial, Inc.. Listing information © 2018 San Diego MLS, Inc.
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2018 San Diego MLS, Inc. Licensed in the state of California.
     
    Impact Real Estate
    28693 Old Town Front St #300-C
    Temecula CA, 92590