1629 Palm Avenue, National City, CA 91950

Local realty services provided by:ERA Donahoe Realty
1629 Palm Avenue,National City, CA 91950
$4,250,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: eric von bluecher
Office: lee & associates
MLS#:NDP2601110
Source:San Diego MLS via CRMLS

Price summary

  • Price:$4,250,000

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

  • Listing ID #:NDP2601110
  • Added:1 day(s) ago
  • Updated:February 04, 2026 at 11:43 AM

Finances and disclosures

  • Price:$4,250,000
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