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1629 Palm Avenue
National City National City 91950

$3,500,000
Residential Income beds: 5 baths: 4.0 0 sq. ft. built: 0

Main Photo: Residential Income for sale : 5 bedrooms : 1629 Palm Avenue in National City
Status:
Active
Prop. Type:
Residential Income
MLS® Num:
307089770
Bedrooms:
5
Bathrooms:
4
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% Occupiedproviding 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.
Property Sub Type:
Res Income 2-4 Units
Number of Buildings:
2
County Or Parish:
San Diego
Name of Complex/Subdivision:
NATIONAL CITY
Total Building Area:
0 sq. ft.
Total Floor Area:
0 sq. ft.
Total Bedrooms:
5
Bathrooms:
4
Half Bathrooms:
0
Stories:
2 Story
Total Stories:
2
Year Built:
0
Age (in years):
2,026 year(s)
Home Owner Fees:
$0
Mello Roos Fee:
$7,998
Mello Roos Fee Frequency:
Year
Monthly Total Fees:
$666
Terms:
Cash, Conventional
Gross scheduled income:
328320.0
Operating expense:
95310.0
Number of Units:
16
Unit Number for Unit 1:
1
Unit Number for Unit 2:
2
Unit Number for Unit 3:
3
Take I-805 S toward National City. Take exit 10 for Plaza Boulevard. Turn onto E Plaza Blvd., then head Palm Avenue.
Site Influences:
Sidewalks
Lot Size:
0.61 acre(s)
Parcel Number:
5611312000
Pool Features:
N/K
Zoning:
Assessor
  • Photo 1: Residential Income for sale : 5 bedrooms : 1629 Palm Avenue in National City
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Listed by Popular Real Estate
Data was last updated October 2, 2026 at 01:10 AM (UTC)
Area Statistics
Listings on market:
21
Avg list price:
$1,299,000
Min list price:
$650,000
Max list price:
$5,700,000
Avg days on market:
56
Min days on market:
1
Max days on market:
211
These statistics are generated based on the current listing's property type and located in National City. Average values are derived using median calculations. This data is not produced by the MLS® system.
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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 Multiple Listing Service, Inc. 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 © 2026 San Diego Multiple Listing Service, Inc.
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 Multiple Listing Service, Inc. 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 © 2026 San Diego Multiple Listing Service, Inc.