Lee & Associates Multifamily Group - North San Diego County is pleased to present B Avenue Apartments, a 5-unit multifamily investment opportunity located at 1704-1712 B Avenue in National City, California. Situated on an approximately 4,827 square foot lot, the property consists of five apartment units totaling approximately 2,272 square… Read More feet and features a desirable unit mix of (4) one-bedroom/one-bath units and (1) studio unit. Built in 1955, the property offers investors stable in-place income, operational efficiency, and the opportunity for continued appreciation in one of San Diego County's most active rental markets. The property benefits from separate gas metering and features several attractive tenant amenities, including private yards, updated interiors, and a desirable residential setting. Ownership has completed renovations to four of the five units, including upgrades featuring wood cabinetry and quartz countertops, providing a modern living environment while minimizing near-term capital expenditures. Water, trash, and certain common-area utilities are currently provided by ownership. Located in the heart of National City, the property offers residents convenient access to major employment centers, shopping, dining, schools, and public transportation. The asset is strategically positioned near Interstate 5, Interstate 805, State Route 54, Downtown San Diego, Naval Base San Diego, and the National City waterfront, providing exceptional connectivity throughout San Diego County. The surrounding area continues to benefit from ongoing redevelopment, infrastructure investment, and increasing demand for quality workforce housing. National City remains one of San Diego County's most affordable and investment-oriented submarkets, attracting residents seeking convenient access to employment centers and coastal amenities. With a strong unit mix, renovated interiors, utility efficiencies, and long-term rental demand fundamentals, B Avenue Apartments presents an attractive opportunity for investors seeking both stable cash flow and future upside potential. Buyer to verify all property information, including but not limited to square footage, lot size, unit count, unit mix, utility metering, parking availability, permits, financial information, and market rental assumptions. Read Less
Property listed by Lee & Associates, Eric von Bluecher 310-259-7556
Listing Snapshot
Days Online
6
Last Updated
Lot Size
0.11 Acres
Year Built
1955
MLS Number
NDP2605805
Additional Details
Building
Built in 1955, 1 building, 1 storey, Entry level: 1, Entry location: front
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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