Home | San Diego County | National City | 91950 | 1629 Palm Ave
MLS: CRNDP2601110 | Status: | Price: $4,250,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 26,571 | 1977 |
Contact for more information: Eric von Bluecher D 760.929.7846 or evb@lee-associates.com Ivan Del Muro-Garcia D 760.448.2451 or idmg@lee-associates.com --------------------------------------------------------------------------------------------- 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 per acre. Based on the site size, the zoning supports
| Field | Value |
|---|---|
| MLS # | CRNDP2601110 |
| MLS Source | California Regional MLS |
| Days on Site | 78 |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 0 Car(s) |
| HOA Fee | $0 |
Eric von Bluecher
Lee & Associates
License #: 01926201
Phone: (760) 929-7846
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
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This listing information is up-to-date as of March 27, 2026. For the most current information, please contact Eric von Bluecher, (760) 929-7846.