2 months on rocket

725731 E 16th St, National City, CA, 91950

$1,395,000

Home List Price

$10,000*

Closing Credit

0 Baths
House

Location

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725731 E 16th St, National City$1,395,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
Year Built1959
HeatingNatural Gas
CoolingNone
MLS #240020786SD
Lot Size0.15 Acres
StatusActive

About 725731 E 16th St

**Owner may carry with 40% down** Great for a 1031 exchange! Location, location.... this is what you've been waiting for with one of the best locations in National City! Amazingly LOW-MAINTENANCE 4-unit INCOME property in the heart of National City, featuring 2 two-bedroom/one-bath units and 2 one-bedroom/one-bath units. Two-car garage plus 4 off-street parking spaces. Generates $7173 in gross monthly rent from LONG-TERM Section 8 tenants, all of whom are single occupants. Incredibly stable income with appx 86% of the rent paid for by National City Housing Authority. Two tenants of 4+ years, two tenants of 25+ years… Looking for even MORE INCOME? Buyer MAY be able to convert the garage into an ADU/5th unit. Situated in a desirable location close to shopping, the post office, and dining amenities near Highland Ave. Shown ONLY with an accepted offer. All of the units have separate gas and electricity meters. Owner pays the water bill --averaging a total of $65 per month! Very low maintenance lot with nicely paved driveway and parking spaces, and very little landscaping to worry about. The 2-car garage has been partitioned, and is used by one tenant for laundry and storage, while the owner uses the majority of the garage space for personal storage. Do the same, or generate even more income by leasing out the garage. Note: The vacant lot behind the property is NOT part of the sale -- it belongs to another owner. There is some space behind the garage that belongs to this property, but not much space.

Property Details

Property Features

Property Information:

  • Year Built: 1959
  • Stories: 2

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices California Properties
  • Office Phone: (619) 595-7020
  • Listing Agent: Gregg Neuman

Interior Features

Interior Information:

  • Appliances: Gas Water Heater

Exterior Features

Exterior Information:

  • Private Pool: No

Virtual/3D Tour

  • Virtual Tour: 725731 E 16th St
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Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: East Plaza Blvd to Highland Ave South to East 16th St CrossStreet: Highland Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,395,000
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Housing Market Comparison

See how this home compares to others in National City, CA.

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National City, CA

City

Med. Sold Price

$676K

Med. Price/SqFt

$528

Avg. Days On Market

30

# of Sold Homes

14

725731 E 16th St vs National City

76 DAYS ON ROCKET

+46 Days

$1,395,000

+$719K More

KEY TAKEAWAY

This property is $719K 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: #240020786SD

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices California Properties
  • Office Phone: (619) 595-7020
  • Listing Agent: Gregg Neuman

IDX 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

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$7,030

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,249

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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.

Nearby Schools

school-card-donut-330026
6
/10

  • Palmer Way Elementary School

  • 2900 Palmer St

  • 0.27 miles

  • Public District Grades PK-6

school-card-donut-330027
3
/10

  • Paradise Hills Elementary School

  • 5816 Alleghany St

  • 0.28 miles

  • Public District Grades KG-5

school-card-donut-330028
6
/10

  • Ira Harbinson Elementary School

  • 3235 E 8th St

  • 0.52 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,303. The majority of National City, CA residents have income less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 725731 E 16th St

What is the listing price of this property?

The listing price of 725731 E 16th St property is $1,395,000.

What type of property is this?

The property 725731 E 16th St is a house located in National City, California, 91950.

Is this property for sale now?

Active Listing: 725731 E 16th St is For Sale (Active/New) which means the seller is accepting offers.

Which year was this property built?

The year of construction for 725731 E 16th St is 1959.

Rocket Homes›California›San Diego County›National City›91950›725731 E 16th St

This home is located at 725731 E 16th St in National City, CA and zip code 91950. This home, which was built in 1959, sits on a 0.15 acre lot. It has been listed on Rocket Homes since September 01, 2024 and is currently priced at $1,395,000.

Over 5 listings were sold over their listed price in October 2024 in National City, CA. In the same period over 7 listings were sold below the listed price and 2 listings were sold for the listed price. In October 2024 in National City, CA there were 26.2% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $676,000, while the average time on the real estate market was 30 days.

From Rocket Homes Real Estate and based on county public records data.

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