930 B Avenue
National City, CA 91950
Map
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- 1971 build
- – on site
930 B Ave National City, "The French Quarters" presents the opportunity to acquire a rarely traded 27 unit garden style asset located in National City’s most desirable corridor. The property is located one parcel away from the Historical Landmarks of Brick Row & Heritage Square and within a 3 minute walk of all the activity Kimball Park, E 8th St, and National City Blvd have to offer. The asset possesses both attractive immediate value-add potential on the existing 27 units and significant development potential. The parcel consists of 23,086 SF within the Downtown Specific Plan allowing for 3:1 & 4:1 FAR ratios of multifamily development. 930 B Ave consists of 25 registered units and 2 unregistered units. The unit mix contains (10) 1 Bed / 1 Bath units, (10) 2 Bed / 1 Bath units, (5) 2 Bed / 2 Bath units, and the (2) unregistered studio units converted out of existing non-living square footage. The property possesses an oversized unit average of 765 SF with a huge 5,549 SF of additional existing non-living square footage comprised of 23 garages, 4 storage rooms, the 2 unregistered studio units, and an on-site laundry facility. An investor can pursue a lower intensity value-add play or an all-out full rebuild including major infrastructure systems at a forecasted 8.13% proforma cap rate and 6.10% all in Yield on Cost. Additional return can be gained through ADU development of select garages and storage rooms. 15 of the 27 units are in renovation ready status allowing for immediate renovations and improvements. The majority of units are in mostly original condition with partial updates. Roughly half of the units could be in attractive market operating condition with minor improvements. The remaining units should receive full renovations to maximize ROI. Existing ownership completed a full roof and underlay replacement in 2024. Electrical and plumbing systems are original from 1971.
Last checked:
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Last updated Jun 24, 2025
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MLS# PTP2504689 —
The Building
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Year Built:1971
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Building Area Total:19122.00
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Building Area Units:Square Feet
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Total Number Of Units:27
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# of Buildings:1
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Stories Total:2
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Entry Level:1
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:26
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# of Separate Water Meters:1
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# of Separate Electric Meters:26
Interior
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Entry Location:street
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Fireplace:No
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Laundry:Common Area
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Laundry:1
Location
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Directions:GPS
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Latitude:32.67495200
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Longitude:-117.10462200
The Property
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Property Type:Residential Income
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Zoning:National City Downtown Specific Plan ...
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Lot Features:21-25 Units/Acre
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Lot Size Area:23086.0000
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Lot Size Acres:0.5300
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Lot Size SqFt:23086.00
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Lot Size Source:Public Records
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Fence:No
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Property Attached:1
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:105
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Tax Lot:556-472-14-00
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5564721400
Heating & Cooling
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Cooling:No
Utilities
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Sewer:Public Sewer
Appliances
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Included:No
The Community
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Neighborhood:National City
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Features:Curbs
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Assessments:Yes
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Assessments:Buyer to Verify
Parking
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Parking:No
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Parking Spaces:25.00
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Garage Spaces:23.00
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Uncovered Spaces:2.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/23/25
Jun 23, 2025
|
Listed / Active | CRMLS_CA | $6,345,000 |
