#PTP2402053, Andres San Martin, Listing Office: Kalnesa, Inc
316 E 31st St National City, CA 91950
Property details
About 316 E 31st St
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. Seller financing available - inquire for details. 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. $6.3M estimated valuation for 12-unit new construction. Estimated total acquisition + construction costs of $4.7M yields healthy potential profit.
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Summary
- MLS Number: PTP2405313
- MLS Name: CRMLS
- Office Name: Top Gun CRE
- Office Email: maxd@topguncre.com
- Listing Agent: Max Delbecq
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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Last updated on: 3/4/2025, 10:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,200,000
316 E 31st St
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Price information
Property sales
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Nearby schools
4
Olivewood Elementary School
Public District PK-6
0.4 mi
•2505 F Ave
4
Kimball Elementary School
Public District PK-6
0.9 mi
•302 W 18th St
7
John Otis Elementary School
Public District PK-6
0.9 mi
•621 E 18th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,778. Typical income of National City, CA residents is less than $<35k annually. The majority of families are married, with kids. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 316 E 31st St
This home is located at 316 E 31st St in National City, CA and zip code 91950. Features: 0 bathroom. It has been listed on Rocket Homes since September 2, 2024 and is currently priced at $1,200,000.
The number of homes for sale in National City, CA increased by 4% between January and February 2025. While the average time on the market in February 2025 was 90 days, the median list price was $674,999.