$3,200,000

2752 E 18th St

National City CA, 91950

Description

Pleased to present for sale a mixed-use multifamily & retail property located in National City. This 10-unit property was constructed in 2020 and is positioned on an 11,367 SF lot with 7,600 RSF. The multifamily component of this building is comprised of (6) two-bedroom/one-bathroom units. All apartment units feature granite countertops, stainless steel appliances, laundry/fridge hookups, and off-street parking. There are (4) retail/ office spaces located on the corner of E 18th St and Granger Ave providing tenants with an influx of traffic volume. 2752-56 E 18th St offers investors a supreme location for a newly built property with schools, strong retail tenants, and new developments. Residents are within a short walking distance to Palmer Way Elementary School & Granger Junior High School. Retail tenants such as Starbucks, Walgreens, and Walmart are located around the corner from the subject property boasting the city's strong demographics. National City is poised to take a major leap forward in becoming the next great urban neighborhood. With its small-town vibe, local character, existing services, and proximity to both the Navy H.Q. and the heart of San Diego's downtown, National City has an opportunity to develop its own uniquely vibrant urban center. Being in the heart of National City, this asset provides investors with a vehicle to ride the gentrification of an up and coming city.

Details

MLS#200053522
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Days On Site85

Features

Units10

Market Activity 91950

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Area Information
StateCA
CountySan Diego
CityNational City
Zip Code91950
Area91950 - National City
Listing VS Median (in 91950)
Price:
$3,200,000
low | high
Med:
$495,000
100% of Average
On Site:
85
low | high
Med:
31
100% of Average
Sourced by Back At You
Listing Updated: August 20, 2020 4:39:03 PM PDT
Carson Trujillo LogoMLS Number: 200053522
Listing Provided By:
Carson Trujillo  of  Marcus Millichap
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