National City multifamily/mixed-use development opportunity. Roughly 8,700 SF of lightly-sloped land. Mixed-use zoning (MXC-2), zoned for up to 17 multifamily units. Previously fully entitled for 12 new multifamily units and 12 off-street parking spaces; those plans are on hold at City. Geotechnical, other applicable reports, and prior-approved 12-unit design plans available. Value-engineered upgraded floorplan options for higher rent and additional square footage available. Full project summary and detailed financial estimates provided upon request. All applicable plans are ready for transfer to buyer, or buyer can create its own. Seller financing available - inquire for details. Up-and-coming National City market in the path of progress. Close proximity to bayfront, parks, shopping, transportation, and infamous Mile of Cars. New multifamily construction in this submarket typically commands high rents, strongly supported by the housing demand from military bases in the area. $6.3M estimated valuation for 12-unit new construction. Estimated total acquisition + construction costs of $4.7M yields healthy potential profit.
This property is $537.5K more than the Median List Price in National City, CA.
Based on homes listed in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #PTP2405313
Listing Office:
Office Name: Top Gun CRE
Office Email: maxd@topguncre.com
Listing Agent: Max Delbecq
Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 4:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Sep 14, 2020
Sep 14, 2020Home Sold
$395,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$1,189
$395,000
2020
$1,188
$58,252
2019
$1,010
$57,110
2018
$1,011
$55,992
2017
$961
$54,896
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$6,057
Per Month
Principal & Interest
$5,990
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,664
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Olivewood Elementary School
2505 F Ave
Distance between this listing and this school0.39 miles
Public District Grades PK-6
4
/10
Kimball Elementary School
302 W 18th St
Distance between this listing and this school0.90 miles
Public District Grades PK-6
7
/10
John Otis Elementary School
621 E 18th St
Distance between this listing and this school0.91 miles
Public District Grades PK-6
Nearby Schools
5
/10
National City Middle School
1701 D Ave
Distance between this listing and this school0.89 miles
Public District Grades 7-8
2
/10
Howard Gardner Community Charter
647 E St
Distance between this listing and this school1.08 miles
Public Charter Grades KG-8
4
/10
Integrity Charter
701 National City Blvd
Distance between this listing and this school1.50 miles
Public Charter Grades KG-8
Nearby Schools
5
/10
Sweetwater Union High School
2900 Highland Ave
Distance between this listing and this school0.21 miles
Public District Grades 9-12
4
/10
Hawking S.T.E.A.M. Charter
489 E St
Distance between this listing and this school1.03 miles
Public Charter Grades KG-12
6
/10
Granger Junior High School
2101 Granger Ave
Distance between this listing and this school1.66 miles
The neighbors living near this home have an average income of $32,778. Typical income of National City, CA residents is less than $35k annually. The majority of families are married, with kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 316 E 31st St
What is the listing price of this property?
The listing price of 316 E 31st St property is $1,200,000.
What type of property is this?
The property 316 E 31st St is land located in National City, California, 91950.
Is this property for sale now?
Active Listing: 316 E 31st St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $1,189 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on September 14, 2020 for $395,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 316 E 31st St in National City, CA and zip code 91950. This home sits on a 0.20 acre lot. It has been listed on Rocket Homes since September 02, 2024 and is currently priced at $1,200,000.
In November 2024 in National City, CA there were 6.5% less homes for sale than in October 2024. Listings spent 59 days on the market in November 2024, and had a median list price of $662,499 during the same period.
From Rocket Homes Real Estate and based on county public records data.