1629 Palm Avenue, National City, CA 91950

Local realty services provided by:CENTURY 21 Select Real Estate, Inc.
1629 Palm Avenue,National City, CA 91950
$4,250,000
  • - Beds
  • - Baths
  • 10,616 sq. ft.
  • Multi-family
  • Active
Listed by: eric von bluecher
Office: lee & associates760-929-9700
MLS#:NDP2601110
Source:CRMLS

Price summary

  • Price:$4,250,000
  • Price per sq. ft.:$400.34

About this home

The property is situated on an approximately 26,571 square foot parcel and is improved with a 10,616 square foot apartment building. The property features a well-balanced 16-unit mix consisting of (2) two-bedroom, two-bathroom units, (9) two-bedroom, one-bathroom units, and (5) one-bedroom, one-bathroom units. The strong concentration of two-bedroom units supports consistent tenant demand, stable occupancy, and durable cash flow from both long-term residents and workforce renters. The property has received select capital improvements, including full window replacement throughout the building and mild interior renovations in select units. The majority of units remain unrenovated, presenting a clear value-add opportunity for a new owner to upgrade interior finishes, modernize unit layouts, and drive rents toward prevailing market levels. According to public records, the property is zoned RM-2, High Density Multi-Unit Residential, which allows for approximately 24 to 48 dwelling units...

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Home facts

  • Year built:1977
  • Listing ID #:NDP2601110
  • Added:120 day(s) ago
  • Updated:June 04, 2026 at 10:41 AM

Rooms and interior

  • Living area:10,616 sq. ft.

Structure and exterior

  • Year built:1977
  • Building area:10,616 sq. ft.
  • Lot area:0.61 Acres
  • Lot Features:Rectangular Lot

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,250,000
  • Price per sq. ft.:$400.34

Parking

  • Total parking spaces:32
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