Please review the appraisal report. The property consists of 12 one-story townhome-style units that have undergone a complete renovation, including a reinforced foundation with rebars and concrete, The new roof boasts over 24 new flat ventilation vents, ensuring optimal air circulation within the structure. brand new vinyl flooring throughout, and new kitchens equipped with high-end appliances such as island hood fans and side-by-side fridges with ice makers and water dispensers. Furthermore, all master bedrooms now feature spacious walk-in closets. A permit was in process to build 8 more units, but with the new "California Density Bonus" (See attached), this lot is now eligible to build more than 65 units, subject to approval by the city of National City. Our architect, based on the meeting with the City of National City and all their regulations and Floor area ratio (FAR), created a future plan, which is attached to all pictures.
For sale
$4,998,000
702 R Ave, National City, CA 91950
2beds
1baths
--sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$4,990,400 Zestimate®
$--/sqft
$-- HOA
What's special
Spacious walk-in closetsReinforced foundationVinyl flooring
- 62 days
- on Zillow |
- 82 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: July 01, 2025 at 12:45am
Listed by:
Farid Khayamian DRE #01835318 858-922-4845,
Bluxen, Inc.,
Ryan Khayamian DRE #02226223 858-900-1067,
Bluxen, Inc.
Source: SDMLS,MLS#: 250030071
Originating MLS: San Diego Association of REALTOR

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Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Wall
Cooling
- Wall/Window
Appliances
- Laundry: Owned
Features
- Flooring: Slab
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 18
- Parking features: Other/Remarks
- Carport spaces: 12
Features
- Levels: 1 Story
- Stories: 1
Lot
- Size: 0.81 Square Feet
Details
- Parcel number: 5571204000
- Zoning: R-4:MULTIP
- Zoning description: R-4:MULTIP
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- None
- Roof: Composition
Community & HOA
Community
- Features: BBQ, Other/Remarks
Location
- Region: National City
Financial & listing details
- Date on market: 6/23/2025
- Listing terms: Cash,Cash to New Loan
- Total actual rent: 33100
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