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Property profile & analytics
FOR SALE
Apartment buildings
1704 B Ave National City, CA 91950
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9521263
For Sale
1 / 13
$1,400,000
1704 B Ave, National City, CA 91950
View Listing →
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1955
Total area
2,272 SF
Lot
0.11 ac (4,827 SF)
Zoning code
COMMERCIAL
APN
560-152-12-00
UPID
US09-9521263
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$800k
CAP Approach
CAP
$580k
Comparable Approach
Comparable
$866k
Blend (final)
Blend
$800k
Owner & transaction history
Akbar Sarwary Mustafa · 2 yrs held
Akbar Sarwary Mustafa
since 2024
Last sale
$800,000
6 recorded transactions
Zoning & alternative use
COMMERCIAL · National City, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+86.2%
Office building
$820,000
+41.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs National City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs National City submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$800,000
ML approach
$800,000
CAP Approach
CAP Return
Estimation
6%
$630,000
6.5%
$580,000
7%
$540,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$580,000
Current use
MEDICAL BUILDING
$1,080,000
Change: +86% · Conversion: Moderate
OFFICE BUILDING
$820,000
Change: +41% · Conversion: Moderate
RETAIL STORES
$560,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$800k
Range $720k – $880k · ±10% · vs last sale $800k (Apr 16 2024)
Last sale anchor
$800k
Apr 16 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$352 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$12,900
Tax year 2024
Assessed value
$910,260
Assessed 2024
Previous assessed
$910,260
+0.0% YoY
Effective rate
1.42%
On assessed value
Assessed land
$455,130
Assessed improvement
$455,130
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
For Sale
Year built
1955
Heating
NONE
Units
5
Total area
2,272 SF
Lot
0.11 ac (4,827 SF)
Zoning code
COMMERCIAL
APN
560-152-12-00
UPID
US09-9521263
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · National City, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · National City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
National City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$580,000
MEDICAL BUILDING
Est. value
$1.1M
OFFICE BUILDING
Est. value
$820,000
RETAIL STORES
Est. value
$560,000
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1955
Heating
NONE
Units
5
Lot
0.11 ac
Current owner
From public records · entity-resolved
Akbar Sarwary Mustafa
Individual
Free & Clear · 2 yrs held
Mailing address
1388 KETTNER BLVD UNIT #1605, SAN DIEGO, CA 92101-2784
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2025
—
Mustafa Sarwary
—
Deed
related
$675,000 · City First Bank NA
Apr 16, 2024
—
Akbar Sarwary Mustafa
Moose Estrella LLC
Intrafamily Transfer
related
—
May 25, 2021
—
Moose Estrella LLC
—
Deed
related
$675,000 · Broadway Federal Bank Fsb
Apr 25, 2017
$800,000
Moose Estrella LLC
B Ave Investments LLC
Grant Deed
$480,000 · San Diego Private Bank
Jan 29, 2016
$500,000
B Ave Investments LLC
Obed Caceres
Grant Deed
$340,000 · Point Loma Cu
Jul 16, 2004
$475,000
Obed Caceres
Lein,robert H & Judith A
Grant Deed
$375,000 · Robert H & Judith A Lein
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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