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Listed by: SHIRLY ALANO (951) 280-0050 DRE #02050188 | Popular Real Estate (951) 280-0050
$3,500,000
Monthly Est:$17,421
-- Bed
-- Bath
16sqft
1629 Palm Ave, National City, CA 91950
$3,500,000
$17,421/moEst:
Get Pre-Approved
Apartment
Built in 1977
$-- HOA
26,572 sqft lot
$218,750/sq.ft
Description
Prime 16-Unit Multifamily Investment Opportunity 1629 Palm Avenue, National City, CA 91950 An exceptional opportunity to acquire a fully occupied, 16-unit residential community situated in a high-demand pocket of San Diego County. This two-story asset features a generous ~26,571 SF lot (~0.61 acres) with 10,616 SF of total living space and an outstanding 2:1 parking ratio with 32 dedicated spaces. Property Highlights & Unit Breakdown Unit Mix: 5 Units: 1 Bedroom / 1 Bathroom, 9 Units: 2 Bedrooms / 1 Bathroom, 2 Units: 2 Bedrooms / 2 Bathrooms. Occupancy: 100% Occupied—providing immediate, steady cash flow from day one. On Site Amenities: On-site laundry facility and ample assigned parking for residents and guests. Building Specs: 2-Story construction | 10,616 SF Building Size | 26,571 SF Lot Size | 32 Parking Spaces. Centrally located in National City, this property offers seamless connectivity to major transit corridors, employment centers, dining, and retail options. Convenient Commute: Quick access to major thoroughfares (I-5, I-805, and SR-54) and just minutes from Naval Base San Diego, Chula Vista, and Downtown San Diego. In-Demand Lifestyle: Walkable or short drive to local shopping, grocery stores, schools, and neighborhood dining. Value-Add Upside: Incoming ownership can leverage the robust San Diego County multifamily market by capitalizing on strong tenant demand, implementing targeted unit renovations, and capturing rental rate growth over time. Property sold in as-is condition.
- Houzeo last checked: 14 minutes ago
- Listing updated: October 1, 2026 at 7:40 pm
- Source: California Regional MLS-CA | MLS#: IV26214005
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1977
HOA Fees
-
Finished Area
16 sqft
Lot Size
26,572 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
IV26214005
MLS Status
Active
Days on Market
7
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Private Sewer
Utilities & Energy
Water Source
Private
Laundry Features
Common Area
Pool Features
None
Other Features
Lot Features
Sixteen To Twenty Units Acre
Subdivision Name
National City
Community Features
Sidewalks
Price History
| Date | Event | Price |
|---|---|---|
10/01/2026 Source: | Listed for Sale | $3,500,000 -17.65% $218,750/sqft |
02/02/2026 Source: | Off Market | $4,250,000 $265,625/sqft |
02/02/2026 Source: | Listed for Sale | $4,250,000 $265,625/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 08, 2026, 09:30PM 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. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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