Lots of real estate for the money! Investors and first-time buyers wanted. Come see this multifamily value-add opportunity. Magnificent centrally located 100% leased 4-plex near freeways, public transportation, minutes away from Downtown San Diego, international border, Plaza Bonita, and the mile of cars. Three separate buildings on an extra-large lot with ample room to add bedrooms and bathrooms to existing improvements. Ideal property for 1031 investor. This offering is perfect for an investor looking to purchase a rarely traded asset and take advantage of one of the fastest growing areas in San Diego County.
Sold for $1,050,000
Listed by: South Bay Real Estate • ED Bustamante • Contact: ed@southbayre.net
Bought with: Phillips & Company The J.R. Phillips Group, Inc.
$1,050,000
1927-31 C Ave, National City, CA 91950
3beds
4baths
1,431sqft
Quadruplex
Built in 1950
-- sqft lot
$1,088,400 Zestimate®
$734/sqft
$2,387 Estimated rent
Home value
$1,088,400
$1.01M - $1.18M
$2,387/mo
Zestimate® history
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International borderAmple roomPublic transportation
Zillow last checked:
Listing updated:
Listed by:
ED Bustamante DRE #00845295 ed@southbayre.net,
South Bay Real Estate
Bought with:
JR Phillips, DRE #01433264
Phillips & Company The J.R. Phillips Group, Inc.
Katelyn Gisbert, DRE #02076221
Phillips & Company The J.R. Phillips Group, Inc.
Source: CRMLS,MLS#: PTP2303464
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
Appliances
- Laundry: None
Features
- Has fireplace: No
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 1,431
- Total interior livable area: 1,431 sqft
Property
Parking
- Total spaces: 4
- Parking features: Asphalt, Driveway, On Site
- Uncovered spaces: 4
Features
- Entry location: 1
- Pool features: None
Lot
- Size: 6,276 Square Feet
- Features: 0-1 Unit/Acre, Front Yard, Level, Yard
Details
- Parcel number: 5602223200
- Zoning: R-2 Minor
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Suburban
Location
- Region: National City
Financial & listing details
- Price per square foot: $734/sqft
- Tax assessed value: $1,071,000
- Annual tax amount: $14,597
- Date on market: 7/18/2023
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange,FHA,Freddie Mac,Owner May Carry
- Total actual rent: 6920
- Tenant pays: Telephone
Price history
| Date | Event | Price |
|---|---|---|
| 2/13/2024 | Sold | $1,050,000-7.9%$734/sqft |
Source:  CRMLS #PTP2303464 Report a problem | ||
| 1/9/2024 | Pending sale | $1,140,000$797/sqft |
Source: CRMLS #PTP2303464 Report a problem | ||
| 12/13/2023 | Price change | $1,140,000-0.4%$797/sqft |
Source: CRMLS #PTP2303464 Report a problem | ||
| 12/4/2023 | Price change | $1,145,000-0.4%$800/sqft |
Source: CRMLS #PTP2303464 Report a problem | ||
| 10/31/2023 | Price change | $1,150,000-4.2%$804/sqft |
Source: CRMLS #PTP2303464 Report a problem | ||
| 8/31/2023 | Price change | $1,200,000-7.3%$839/sqft |
Source: CRMLS #PTP2303464 Report a problem | ||
| 7/19/2023 | Listed for sale | $1,295,000+43.1%$905/sqft |
Source: CRMLS #PTP2303464 Report a problem | ||
| 6/24/2022 | Sold | $905,000+1192.9%$632/sqft |
Source:  SDMLS #220009979 Report a problem | ||
| 12/27/2018 | Sold | $70,000-81.6%$49/sqft |
Source: Public Record Report a problem | ||
| 10/21/2014 | Sold | $380,000+14.5%$266/sqft |
Source: Public Record Report a problem | ||
| 7/11/2008 | Sold | $332,000-20%$232/sqft |
Source: Public Record Report a problem | ||
| 10/16/2007 | Sold | $415,000-9.8%$290/sqft |
Source: Public Record Report a problem | ||
| 4/23/2004 | Sold | $460,000+8.2%$321/sqft |
Source: Public Record Report a problem | ||
| 10/31/2003 | Sold | $425,000$297/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,597 +14.2% | $1,071,000 +13.7% |
| 2024 | $12,782 +1.3% | $941,560 +2% |
| 2023 | $12,613 +63.4% | $923,099 +88% |
| 2022 | $7,719 +5.5% | $491,108 +2% |
| 2021 | $7,319 +5.7% | $481,479 +1% |
| 2020 | $6,925 +31% | $476,543 +2% |
| 2019 | $5,285 -10.7% | $467,200 +16.4% |
| 2018 | $5,915 +3.4% | $401,378 +2% |
| 2017 | $5,721 +2.2% | $393,509 +2% |
| 2016 | $5,598 +0.9% | $385,794 +1.5% |
| 2015 | $5,546 +28.2% | $380,000 +35.7% |
| 2014 | $4,325 | $280,000 +10.2% |
| 2013 | -- | $254,000 |
| 2012 | -- | $254,000 -21.8% |
| 2011 | -- | $325,000 |
| 2010 | -- | $325,000 |
| 2009 | -- | $325,000 -21.7% |
| 2008 | -- | $415,000 -15% |
| 2007 | -- | $488,155 +2% |
| 2006 | -- | $478,584 +2% |
| 2005 | -- | $469,200 +10.4% |
| 2004 | -- | $425,000 +180.4% |
| 2003 | -- | $151,582 +4% |
| 2001 | -- | $145,698 |
Find assessor info on the county website
Neighborhood: Olivewood
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Nearby schools
GreatSchools rating
- 4/10Kimball SchoolGrades: K-6Distance: 0.4 mi
- 6/10National City Middle SchoolGrades: 7-8Distance: 0.2 mi
- 5/10Sweetwater High SchoolGrades: 9-12Distance: 0.6 mi
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Estimated market value
$1,088,400
Get a cash offer in 3 minutes
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Estimated market value
$1,088,400
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