335 Laurel Avenue, National City, CA 91950
List Price: $4.25M
Listing Status: Active
0Days on Market: 117
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1973
Lot Size: 21,265 sq ft
Private Pool: Yes
MLS Number: NDP2601129
About This Property
335 Laurel Avenue is a 16 unit multifamily investment opportunity (Buyer to verify unit #16, the Studio, there is 15 units on title, buyer to verify if unit 16 is a conforming, permitted unit.). Located in the city of National City within San Diego County. Built in 1973, the property consists of sixteen rental units including eight two bedroom one and a half bathroom units, seven one bedroom one bathroom units, and one studio unit that is nonconforming. The unit mix is well balanced, with a strong concentration of two bedroom units that appeal to long term renters and support durable occupancy. The property has undergone mild capital improvements, including full window replacements throughout the building, while interior unit finishes remain largely unrenovated. This presents a clear value-add opportunity for a new owner to renovate units, enhance interior finishes, and increase rents toward market levels while maintaining in place cash flow. The property features gated access and on site parking, providing added security and convenience for tenants. Located in the South Bay region of San Diego County, 335 Laurel Avenue offers convenient access to Interstate 5, regional transit corridors, and nearby retail and dining, and is within close proximity to downtown San Diego and major employment centers. The location continues to attract tenants seeking affordability, connectivity, and convenience, making this a compelling opportunity to acquire a well maintained multifamily asset with meaningful upside through interior upgrades. Contact for more information: Eric von Bluecher D 760.929.7846 or evb@lee-associates.com Ivan Del Muro-Garcia D 760.448.2451 or idmg@lee-associates.com
Listing provided by: Eric von Bluecher DRE #01926201 760-929-9700 evb@lee-associates.com