We are pleased to offer for sale the Palm Avenue Apartments, a 6-unit multifamily property located at 619-625 Palm Avenue in the National City neighborhood of San Diego. Built in 1909 / 1965, these 3 buildings (3,600 SF Est.) offer residents a desirable unit mix comprised of (1) 2-Bed/1-Bath Cottage, (1) 1-Bed/1-Bath Cottage, (1) 3-Bed/2-Bath (paid $2,400 recently vacated), (2) 2-Bed/1-Bath units, and (1) 1-Bed/1-Bath unit. Select units have private yard spaces, a large balcony, and there are plenty of on-site parking spaces on the 15,332 SF parcel. There is value add potential to raise rents by completing additional improvements to the property.
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