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1740 N Ave 19 Unit Apartment Building For Sale National City, CA 91950
Executive Summary
1740 N Avenue presents a well-located multifamily investment opportunity in the heart of National City. The property has recently undergone significant capital improvements, including a brand-new roof, rebuilt exterior stairs, upgraded windows, fresh exterior paint, and a fully renovated laundry room. Approximately half of the units have been updated, providing a clean, modern living experience for current tenants while leaving room for a new owner to add value through additional interior renovations.
With solid in-place income and below-market rents, this asset offers an ideal balance of stability and upside. Investors have the opportunity to increase cash flow over time by bringing remaining units to market standard. Located near major freeways, schools, and key employment hubs, 1740 N Avenue is perfectly positioned for long-term rental demand and appreciation.
With solid in-place income and below-market rents, this asset offers an ideal balance of stability and upside. Investors have the opportunity to increase cash flow over time by bringing remaining units to market standard. Located near major freeways, schools, and key employment hubs, 1740 N Avenue is perfectly positioned for long-term rental demand and appreciation.
Property Facts
| Sale Type | Investment | Building Size | 12,200 SF |
| No. Units | 19 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1970 |
| Apartment Style | Low-Rise | Parking Ratio | 0.66/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.24 AC | ||
| Zoning | C | ||
| Sale Type | Investment |
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 12,200 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1970 |
| Parking Ratio | 0.66/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | C |
Amenities
Unit Amenities
- Balcony
Site Amenities
- Laundry Facilities
- Security System
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 14 | - | 600 |
| 2+1 | 5 | - | 850 |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 561-100-30 | Improvements Assessment | $3,173,966 CAD |
| Land Assessment | $2,856,569 CAD | Total Assessment | $6,030,536 CAD |
Property Taxes
Parcel Number
561-100-30
Land Assessment
$2,856,569 CAD
Improvements Assessment
$3,173,966 CAD
Total Assessment
$6,030,536 CAD
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1740 N Ave
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