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1947 D Avenue, National City, California 91950, National City, 91950 - 5 bed, 3 bath

1947 D Avenue, National City, California 91950 home-pic-0
ACTIVE$984,000
1947 D Avenue, National City, California 91950
5Beds
3Baths
1,920Sqft
5,677Lot

Price Vs. Estimate

The estimated value ($984,000) is $0 (0%) lower than the list price ($984,000). This property may be overpriced.

Key pros and cons

Top Pros:
Multifamily Income Potential: The property features two distinct homes with separate utility meters, offering significant rental income potential (estimated $6,000/month) or ideal for extended family living.
Top Cons:
Age of Original Construction: Built in 1957, the underlying structure is over 65 years old, which may lead to concerns about original plumbing, electrical, or foundation systems not fully addressed by cosmetic remodels.

Compared to the nearby listings

Price:$984.0K vs avg $731.2K (+$252,750)98%
Size:1,920 sqft vs avg 1,325.5 sqft90%
Price/sqft:$512 vs avg $54635%

More Insights

Built in 1957 (68 years old).
Condition: Despite being built in 1957, the property has undergone extensive and recent renovations, with the first home remodeled within the last 5 years and the second home approximately 2.5 years ago. The kitchens feature new white shaker cabinets, quartz countertops, and stainless steel appliances. Bathrooms are updated with new vanities, fixtures, and either new shower inserts or subway tile surrounds. New flooring, paint, and light fixtures are present throughout, making the property virtually new in its visible components and meeting current quality standards. While the original structure is older and central cooling is absent, the comprehensive recent updates align with the 'Excellent' criteria for an extensively renovated property.
Year Built
1957
Close
-
List price
$984K
Original List price
$999K
Price/Sqft
$513
HOA
-
Days on market
-
Sold On
-
MLS number
PTP2504314
Home ConditionExcellent
Features
View

About this home

*Price Reduced and interest rates go down* Now these homes can be a reality to that extended family or investor.*. Ready to Move In****Multifamily ** Guest House**Two homes ready for you ** 1st home 1947 D Ave 3 Bedroom and 2 Bathrooms. Remodeled with newer roof , newer stucco , new paint , new fixtures , new shower , new toilet , new flooring , new cabinets , new quartz counter tops. Fresh landscaping , Private laundry room** 2nd home 419 E 20th 2 Bedroom 1 Bathroom was Remodeled approx 2 1/2 yrs ago and also got newer roof , flooring etc... This home also has a Private laundry room** . These homes are located near parks and schools . Many amenities near by. Great for extended families or live in one and supplement your mortgage. Rent estimates $3500 and $2500. This type of opportunity does not come very often. These homes have separate Gas and Electrical meters ** Adding a ADU possibility as well......

Condition Rating
Excellent
Despite being built in 1957, the property has undergone extensive and recent renovations, with the first home remodeled within the last 5 years and the second home approximately 2.5 years ago. The kitchens feature new white shaker cabinets, quartz countertops, and stainless steel appliances. Bathrooms are updated with new vanities, fixtures, and either new shower inserts or subway tile surrounds. New flooring, paint, and light fixtures are present throughout, making the property virtually new in its visible components and meeting current quality standards. While the original structure is older and central cooling is absent, the comprehensive recent updates align with the 'Excellent' criteria for an extensively renovated property.
Pros & Cons

Pros

Multifamily Income Potential: The property features two distinct homes with separate utility meters, offering significant rental income potential (estimated $6,000/month) or ideal for extended family living.
Extensive Recent Renovations: Both units have undergone substantial remodeling, including newer roofs, stucco, paint, flooring, fixtures, and updated kitchens/bathrooms, ensuring a move-in ready condition.
ADU Development Opportunity: The description explicitly mentions the possibility of adding an Accessory Dwelling Unit (ADU), providing future value appreciation and increased income potential.
Separate Utility Metering: Each home benefits from independent gas and electrical meters, simplifying tenant billing and management for investors.
Desirable Location & Amenities: Situated near parks, schools, and various local amenities, enhancing convenience and appeal for residents.

Cons

Age of Original Construction: Built in 1957, the underlying structure is over 65 years old, which may lead to concerns about original plumbing, electrical, or foundation systems not fully addressed by cosmetic remodels.
Single Family Residence Classification: Despite featuring two separate homes, the property is listed as a 'Single Family Residence,' which could potentially complicate financing or zoning interpretations for buyers expecting a traditional duplex or multifamily classification.
Absence of Central Cooling: The property description does not mention a central air conditioning system, which could be a significant drawback during warmer months in California.

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