819 D Avenue | National City | CA | 91950


Confidentiality Agreement

Confidentiality agreement sub heading

I have read and agree to the Confidentiality Agreement


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Property Details

  • Price: $ 32,000,000
  • Price Per Unit: $ 363,636.36
  • Units: 88
  • Transaction Type: For Sale
  • Property Type: Multi-Family
  • Building Size: 129,109 SF
  • Cap Rate: 4.5%
  • Year Built: 2011
  • Availability: Sold

Property Description

At the cross-section of community and culture in the evolving, urban skyline of National City stands Harborview luxury condominiums, an 83-unit & 5-retail suites mix use-housing community featuring best-in-class amenities, 16 unique floorplans, averaging 1,707 square feet, ranging from a one-bedroom, one-bath to a four-bedroom and four-bath unit of 3,800 square feet. The luxury condo units feature stainless steel appliances, kitchen pantries, granite countertops, nine-foot ceilings, central heat and air conditioning, walk-in closets, in-unit, side-by-side washers, and dryers with full-size laundry rooms, and private balconies. Many of the units have views of the San Diego Bay. The gated complex includes a 24-hour fitness gym, conference lounge, Wi-Fi center, rental office, and mail room. Parking is available in any of the three gated garages with a total of 105 spaces.

Construction originally started in 2005, and completion and Certificate of Occupancy was issued in January 2011. Although the property has been operated as a rental property since its completion, it has a condo map providing an additional investment exit strategy.

The property is located in proximity to the National City Public Library, Kimball park ball fields, San Diego Bay, 32nd St. Naval base, Coronado Base, vibrant Downtown San Diego, UCSD Medical center, Liberty Station, and is within an Opportunity Zone Location, providing potential tax benefits to investors (visit: www.irs.gov/newsroom/opportunity-zones-frequently-asked-questions).


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Financial Summary

Investment Highlights

Price $32,000,000.00
Price / Unit $363,636.36
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $32,000,000.00


Income & Expenses



Total Expenses
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Net Operating Income $0.00 $0.00
Less Debt Service $0 $0
Potential Net Cash Flow $0.00 $0.00
Cash on Cash Return 0.00 % 0.00 %
Capitalization Rate 0.00 % 0.00 %

Rent Roll

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