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1227 Coolidge Avenue

National City, CA 91950
  • $2,800,000
  • STATUS: ACTIVE
  • ON SITE: 111 Days
  • ID#: 250020194
UPDATED: 40 min ago
$2,800,000
  • 2
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Fully renovated 10-unit apartment complex at 1227 Coolidge Ave, 91950, situated on a corner lot. All units feature new kitchens with updated cabinets and countertops, laminate flooring, contemporary finishes, and new appliances. The property boasts a 5.30% cap rate and a 12.29 GRM, offering strong cash flow. There is a shared laundry room provides convenience and has potential for conversion into an ADU for added value.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
www.gellens.com/homes/160962827
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1227 Coolidge Avenue National City, CA 91950

  • Price: $2,800,000
  • Status: ACTIVE
  • On Site: 111 Days
  • Updated: 40 min ago
  • ID#: 250020194
2
Beds
2
Baths
0
½ Baths
N/A
Acres
Neighborhood:
National City (91950)
County:
San Diego
Area:
National City (91950)
Property Description
Fully renovated 10-unit apartment complex at 1227 Coolidge Ave, 91950, situated on a corner lot. All units feature new kitchens with updated cabinets and countertops, laminate flooring, contemporary finishes, and new appliances. The property boasts a 5.30% cap rate and a 12.29 GRM, offering strong cash flow. There is a shared laundry room provides convenience and has potential for conversion into an ADU for added value.
Interior Features

Sq Ft Of Improvement 4928 Unit Furnished1 No Unit Furnished2 No

Property Features

Actual Cap Rate 5.4 Actual Gross Scheduled Income 227760.0 Actual Operating Expense 72549 Assumable Finance 0 Buildings 2 Gross Equity 1624000 Gross Multiplier 12.29 Have Apts Mandatory Remarks None Known Market Area South Bay Motive Want Sell Sq Ft Source Buyer to VerifyTax Record Terms CashCash to Existing LoanCash to New LoanSubmit Unit Number1 9 Unit Number2 1 Unit Rent Total1 17055 Unit Rent Total2 1890 Unit Rent1 1895 Unit Rent2 1890

San Diego MLS logo Listing provided courtesy of Jordan Concepcion of Apartment Realty Group (ARG): 858-461-9910. Listing information © 2025 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
 
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Maxine & Marti Gellens | Berkshire Hathaway HomeServices California Properties
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