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 $524K more than the Median Sold Price in National City, CA.
Based on homes sold 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: 11/17/2024, 12:20:55 PM 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.
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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. Most National City, CA residents have annual incomes less than $35k. Most families are married, with kids. Typical level of education for residents in this area is high school diploma.
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).
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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.
While more than 5 listings in National City, CA in October 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 7 were sold below. The number of listings in National City, CA increased by 26.2% between September 2024 and October 2024. In October 2024, listings were on the market for 30 days. During the same period, the median list price in this real estate market was $676,000.
From Rocket Homes Real Estate and based on county public records data.
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. 
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