316 E 31St Street, National City, CA 91950 - Berkshire Hathaway HomeServices California Properties
316 E 31st Street National City, CA 91950
$1,000,000 0 beds, 0 baths
0 sqft

Agent Remarks

PRICE REDUCED. National City multifamily/mixed-use development opportunity. Roughly 8,700 SF of lightly-sloped land. Mixed-use zoning (MXC-2), zoned for up to 17 multifamily units. Previously fully entitled for 12 new multifamily units and 12 off-street parking spaces; those plans are on hold at City. Geotechnical, other applicable reports, and prior-approved 12-unit design plans available. Value-engineered upgraded floorplan options for higher rent and additional square footage available. Full project summary and detailed financial estimates provided upon request. All applicable plans are ready for transfer to buyer, or buyer can create its own. Up-and-coming National City market in the path of progress. Close proximity to bayfront, parks, shopping, transportation, and 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. Estimated total acquisition + construction costs likely yields healthy potential profit on completed construction.

Listing Details

Trust & Probate
Property type: Multi Family (Commercial)
Status: Active
MLS# PTP2502986
List price is $1,000,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 2024
County: San Diego
Zoning: MXC-2 (mixed use) Zoned
Lot description: Sloped Down,Gentle Sloping,Near Park,Near Public Transit,Rectangular Lot,Tear Down,Value In Land
MLS area: 91950 - National City

Last Updated: 4/30/2025

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This listing belongs to the 91950 - National City MLS area

Lat/Long: 32.656872, -117.095432.
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Listing Agent: Max Delbecq
Co Listing Agent: Kenneth Herskind
Lic#: 01234982
Office Name: Mission Viejo

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