Active
702 R Ave
National City CA, 91950
$5,680,000
Active
Commercial
Please review the appraisal report. The property consists of 12 one-story townhome-style units that have undergone a complete renovation, including a reinforced foundation with rebars and concrete, The new roof boasts over 24 new flat ventilation vents, ensuring optimal air circulation within the structure. brand new vinyl flooring throughout, and new kitchens equipped with high-end appliances such as island hood fans and side-by-side fridges with ice makers and water dispensers. Furthermore, all master bedrooms now feature spacious walk-in closets. A permit was in process to build 8 more units, but with the new "California Density Bonus" (See attached), this lot is now eligible to build more than 65 units, subject to approval by the city of National City. Our architect, based on the meeting with the City of National City and all their regulations and Floor area ratio (FAR), created a future plan, which is attached to all pictures.
240022023
MLSⓇ ID
September 17, 2024
Listed
September 17, 2024
Updated
Map
702 R Ave
National City CA, 91950
Interior Features
Total Stories
1
Appliances
Range, Refrigerator, Disposal
Laundry Description
Owned
Floor Description
Concrete, Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.81 Acres
Lot Features
Part Landscaped
Roof
Composition
Other Property Details
Area Name
South Bay
Garage
No
Parking
Spaces
Parking Total
18
View
No
County
San Diego
Pool
No
Zoning
R-4:MULTIP
Listed by Bluxen, Inc., Farid Khayamian,
Listing Contact: 858-922-4845
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Data last updated 8:16 PM UTC, 9/17/2024
