620 E 7th St, National City, California 91950, National City, 91950 - 6 bed, 2 bath

ACTIVE$599,000
620 E 7th St, National City, California 91950
6Beds
2Baths
2,020Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Location & Growth Potential: Situated in a prime, growth-oriented area of National City with strong comparable sales, indicating robust market demand and future appreciation.
Top Cons:
Extensive Renovation Required: The property is in significant disrepair, requiring a substantial amount of work and capital investment to bring it to modern standards.
Compared to the nearby listings
Price:$599.0K vs avg $730.0K ($-131,000)15%
Size:2,020 sqft vs avg 1,325.5 sqft94%
Price/sqft:$297 vs avg $5462%
More Insights
Built in 1940 (85 years old).
Condition: Built in 1940, this property is explicitly marketed to 'CASH BUYERS and PROFESSIONAL EXPERIENCED INVESTORS ONLY' and the description states it 'needs a ton of work' and is in 'significant disrepair.' The exterior image shows visible signs of neglect, including a broken fence and general disarray. While no interior images are provided, the strong language in the listing indicates that the kitchen, bathrooms, and all major systems are likely outdated, non-functional, or in need of substantial repair and rehabilitation to meet modern standards. The property's age and the seller's disclosure point to significant defects and a need for extensive capital investment.
Year Built
1940
Close
-
List price
$599K
Original List price
$599K
Price/Sqft
$297
HOA
-
Days on market
-
Sold On
-
MLS number
250034084SD
Home ConditionPoor
Features
View-
About this home
Calling all CASH BUYERS and PROFESSIONAL EXPERIENCED INVESTORS ONLY. Prime Location! Located in a growth area with strong comps and ready for its next chapter. Near some of the area’s best restaurants, popular big-box retailers, and just minutes from both the I-5 and I-805 freeways. Whether you're looking for your next flip or a long-term hold, the upside here is undeniable. The property needs a ton of work, but the potential return makes it worth the effort. Solid footprint, great-sized lot, and a chance to bring your vision to life.
Condition Rating
Poor
Built in 1940, this property is explicitly marketed to 'CASH BUYERS and PROFESSIONAL EXPERIENCED INVESTORS ONLY' and the description states it 'needs a ton of work' and is in 'significant disrepair.' The exterior image shows visible signs of neglect, including a broken fence and general disarray. While no interior images are provided, the strong language in the listing indicates that the kitchen, bathrooms, and all major systems are likely outdated, non-functional, or in need of substantial repair and rehabilitation to meet modern standards. The property's age and the seller's disclosure point to significant defects and a need for extensive capital investment.
Pros & Cons
Pros
Prime Location & Growth Potential: Situated in a prime, growth-oriented area of National City with strong comparable sales, indicating robust market demand and future appreciation.
Significant Investment Upside: Offers undeniable potential for both short-term flips and long-term holds, appealing to experienced investors seeking substantial returns.
Excellent Freeway Access: Strategically located just minutes from major freeways (I-5 and I-805), providing convenient access for commuters and regional travel.
Proximity to Amenities: Benefits from close proximity to a variety of popular restaurants and big-box retailers, enhancing lifestyle convenience for future occupants.
Substantial Property Size: Features a solid footprint with 2020 sqft and 6 bedrooms on a great-sized lot, offering ample space for various development or living configurations.
Cons
Extensive Renovation Required: The property is in significant disrepair, requiring a substantial amount of work and capital investment to bring it to modern standards.
Restricted Buyer Pool: Explicitly marketed towards cash buyers and professional, experienced investors, limiting the potential buyer demographic and indicating a complex transaction.
Advanced Age of Structure: Built in 1940, the property's age suggests outdated systems, finishes, and potential for unforeseen structural or infrastructure issues, contributing to renovation costs.