Listing provided courtesy of Max Delbecq of Top Gun CRE. Last updated 2023-09-29 09:17:38.000000. Listing information © 2023 Sandicor.

Asking Price: $1,395,000

316 31st, National City CA 91950

Community: ​National City

This Lots/Land property was built in and is priced at $1,395,000. Please see the additional details below.
  • 0 Sq Ft
  • bathrooms
  • bedrooms
  • MLS#: 306025284
  • Type: Lots/Land
  • Year Built:
Entitled National City multifamily development and JV opportunity. Roughly 8,700 SF of lightly-sloped land, with National City mixed-use zoning (MXC-2), fully entitled for 12 new multifamily units and 12 off-street parking spaces. Existing improvements include a vacant, roughly 900 SF SFR, which is ready for tear-down. All applicable plans are ready for transfer and issuance to a new buyer. Property is close proximity to the bayfront, parks, shopping, transportation, and National City's 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. Current ownership also has architectural concept plans for increasing the projects square footage and upgrading the unit mix to larger units if a developer should want to increase projects size. Current ownership is also interested in a JV partnership to facilitate developing the property with like-minded individuals. We are happy to make an introduction and facilitate the conversation on this front, should a party be interested in a JV situation.

Call or Email Lucy Nava now to inquire about this property