DO NOT DISTURB TENANTS, SHOWN ONLY WITH ACCEPTED OFFER. E Ave Apartments is a charming value-add 16-unit cottage-style property for sale in the heart of National City in San Diego. Set in a desirable single-family layout, the property enjoys easy access to numerous retail shops and restaurants, Kimball Park, South Bay Military bases, and Interstate-5. E Avenue Apartments offers a rare design of eight duplexes, all with private patios. All buildings feature flat-roof style architecture with new exterior paint and gated patios for extra private space. Half of the units have been renovated, while the rest are untouched and have further room to improve and push rents closer to market. Behind 4 of the duplexes, there is additional room to either add on to the existing units or build laundry facilities on site. Any possible construction viability would need to be determined strictly by the buyer. The complex offers investors the opportunity to purchase a well-maintained property with tremendous upside in one of San Diego’s most historic neighborhoods. Any investor will surely enjoy low vacancies, high rent growth and great cash flow for many years to come.
Sold for $3,836,000 on 08/03/23
$3,836,000
1019-49 E Ave, National City, CA 91950
1beds
1baths
5,488sqft
Multi Family
Built in ----
-- sqft lot
$3,266,400 Zestimate®
$699/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: August 03, 2023 at 03:50pm
Listed by:
Erik M Anderson DRE #01991182 858-395-6935,
NorthMarq Multifamily
Bought with:
Seth R Watje, DRE #01805453
Starker West, Inc.
Source: SDMLS,MLS#: 230002863
Originating MLS: San Diego Association of REALTOR

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
Interior area
- Total structure area: 5,488
- Total interior livable area: 5,488 sqft
Property
Parking
- Total spaces: 14
Features
- Stories: 1
Lot
- Size: 0.56 Acres
Details
- Special conditions: N/K
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Community & neighborhood
Community
- Community features: Other/Remarks
Location
- Region: National City
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Estimated market value
$3,266,400