National City, CA, 91950 - For Sale

Type:	Duplex/Triplex/Multi-Family
Address:	2005 &Ndash;2025 F. Avenue, National City, CA, 91950
Bedrooms:	1
Bathrooms:	1.0
Year Built:	1962
Sq. Footage:	43200.0
Price/Sqft:	$134.26
Property Tax:	new! $41,528
Price:	$5,800,000
Sale Type:	For Sale by Agent

Listing added: 2009-11-05

Additional features:

**PLEASE DO NOT WALK PROPERTY****EMAIL Agonza9297@aol.com for information packet*** Villa Primavera is a 96–unit garden style apartment complex located at 2005 F Avenue within the National City Redevelopment District. The buildings consist of ninety–six identical one–bedroom/one–bath units at 450 square feet each on 1.98 acres. Constructed in 1962 as a two–story slab on grade with wood–siding, composition shingle & pitched roof, units are individually metered for gas & electric and share common water. The property has had over $250,000 in improvement work completed over the last 3 years. Common area amenities include a gated swimming pool and laundry room. It has controlled–access gates as well as a low maintenance exterior. The property also has an approved tentative map in place for 96 Condominium Units. The immediate neighborhood of Villa Primavera is composed of a combination of single family homes and well–maintained apartments. The majority of the homes were built between 1950–1970 and many are now being modernized as the gentrification of National City evolves. Many homes in the neighborhood are now in the process of (or have finished) being renovated.The complex is located 7 miles south of downtown San Diego between 20th and 21st Streets, one block west of the Highland Avenue Corridor which is in the process of being upgraded and will include a landscaped median strip as well as other cosmetic improvements. Villa Primavera is a short walk from the 24th Street Trolley Station. From there, downtown San Diego and Petco Park are within a 10–minute trolley ride. Mission Valley is within a 20–minute trolley ride and there are more than 250,000 jobs along that route. National City is always working towards modernizing its existing housing supply and its infrastructure. In recent years it has developed a new downtown police station, a new fire station, a new $20 million dollar library and a new college educational center. The 100,000 square foot educational facility is occupied by branches of UCSD, Southwestern College, SDSU and the San Diego County of Education. National City owns nine acres of land fronting San Diego Bay that eventually will be turned into a marina, hotel and commercial recreational area. The city is in the process of developing a new street scene on the Highland Avenue corridor which will be improved with a landscaped median strip and sidewalk areas. New residential and commercial activity is being encouraged.

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