Courtesy: Coronado Island Realty
Don’t miss this opportunity to own this impeccably maintained and beautifully renovated 3 unit investment property in National City. The property includes 3 detached homes including (2) 2 bed, 1 bath, and (1) 1 bed, 1 bath, each with a private outdoor space, individual laundry hookups, separate SDGE meter/Water Submeter, and ample off-street parking. With the abundant outdoor space there may even be room for an ADU! Each home is easy to access from either B Ave or from the double alley access - making this feel like a corner lot! Whether you’re looking for a family compound or an investment property, this one is not to miss. The central National City location cannot be beat with Kimball Park featuring the Boys and Girls club and the library across the street, and National City Middle School and the elementary school around the corner.
Amazingly LOW-MAINTENANCE 4-unit INCOME property in the heart of National City, featuring 2 two-bedroom/one-bath units and 2 one-bedroom/one-bath units. Two-car garage plus 4 off-street parking spaces. Generates $6786 in gross monthly rent from LONG-TERM Section 8 tenants, all of whom are single occupants. Incredibly stable income with 86% of the rent paid for by National City Housing Authority. Two tenants of 4+ years, two tenants of 25+ years… Situated in a desirable location close to shopping, the post office, and dining amenities near Highland Ave. Owner may carry with 40% down. Shown ONLY with an accepted offer. All of the units have separate gas and electricity meters. Owner pays the water bill --averaging a total of $65 per month! Very low maintenance lot with nicely paved driveway and parking spaces, and very little landscaping to worry about. The 2-car garage has been partitioned, and is used by one tenant for laundry and storage, while the owner uses the majority of the garage space for personal storage. Do the same, or generate even more income by leasing out the garage. Note: The vacant lot behind the property is NOT part of the sale -- it belongs to another owner.
Amazingly LOW-MAINTENANCE 4-unit INCOME property in the heart of National City, featuring 2 two-bedroom/one-bath units and 2 one-bedroom/one-bath units. Two-car garage plus 4 off-street parking spaces. Generates $6786 in gross monthly rent from LONG-TERM Section 8 tenants, all of whom are single occupants. Incredibly stable income with 86% of the rent paid for by National City Housing Authority. Two tenants of 4+ years, two tenants of 25+ yearsâ?¦ Situated in a desirable location close to shopping, the post office, and dining amenities near Highland Ave. Owner may carry with 40% down. Shown ONLY with an accepted offer.
Attention Investors, owner-users or developers! Rare opportunity to own two residential and two commercial units in the heart of National City's busiest commercial corridor. Huge upside potential and great street frontage in an opportunity zone. This value add opportunity is located on a large lot with flexible Mixed-Use Zoning. Tear it down and build up to 11 residential units and a restaurant, or keep existing structures. Residential units - 1 - 2Bed/1Bath house, and 1 - Studio. Commercial units - 2 street frontage spaces, including a successful hair salon. Be a part of South Bay's booming growth and thriving community, while taking advantage of opportunity zones before they expire. 90 walk score!
Incredible 4 unit opportunity in National City with strong rents in place. Property consists of 2 structures. Original 1-story home was taken down to the studs in 2022 and legally split into a 3 bed/2 bath PLUS a separate 1 bed/1 bath unit. 2nd structure was built from the ground up in 2022 and consists of two 3 bed/3 bath 2-story units with large view balconies. 7 off-street parking spaces combined, tenants pay all utilities, laundry in each unit, units are all professionally managed. CAP rate of 4.28 and total combined rents of $12,445 per month. All the work here has already been done!
Courtesy: Keller Williams RealtyLa Jolla
Make this perfectly located and charming 2 on 1 yours! Front house is a well maintained 1BR 1BA with a bonus room that can serve as a small 2nd bedroom or office. Records indicate the back structure is not permitted, though it is in much nicer condition and more recent construction than the front unit. This is a fully renovated 2BR 2BA. For those looking for easy ADU projects, look no further. Per a permit runner ready to go, around 5 months to get unit fully permitted at which point the property will be worth substantially more! Get in before the huge development of National City Bayfront goes in and ride the wave of progress! Both units are perfect for owner occupant, VA, or traditional investors. Enjoy brand new roofs and brand new tankless water heaters on both. Projected 5.1 cap with proforma rents of $2295 and $2595. Call agent today and book your tour!
Gorgeous multi-unit in National City. Two freshly remodeled 2/1 bath units. Upgraded from top to bottom with new flooring, windows, tiles, appliances and more! Both units are currently rented with excellent cash positive income. Front unit has private turf enclosed patio. Back unit has private deck plus large, terraced backyard and gazebo area. Backyard can be turned into a shared backyard or owner can explore ADU. Each unit has separate meters. Driveway parking for both units. All information is deemed reliable and should be verified before close of escrow.
Excellent opportunity with this 3-Unit property in the heart of National City in San Diego, on the corner of Civic Center Drive and Harding Avenue. The sale consists of 3 parcels being sold together, for a total of 10,404 sqft (.24 acre), with 3 detached homes - 2 bed, 1 bath, 885 sqft. 2 bed, 1 bath, 919 sqft. 1 bed, 1 bath, 546 sqft. This property is located within the Westside Specific Plan District and is zoned MCR-2, providing significant potential upside through multiple avenues. Zoning would allow for 10 units plus 2 ADUs, with the potential to add low-income units to increase the total unit count. Or redevelop it into commercial space. (Any possible construction viability must be determined strictly by the buyer.) Current tenants are long-term tenants and significantly below market rent. Centrally located near the heart of downtown, it provides easy access to shops, restaurants, City Hall, Kimball Park, and the Public Library. Easy access to Interstate-5 and access to major nearby employment, including multiple shipyards and Navy bases. The San Diego County South Bay is developing rapidly. Notably, the Chula Vista Bayfront Project is less than 3 miles to the South and will include 600,000 square feet of retail and restaurants, 220,000 square feet of mixed-use commercial, 2,800 hotel rooms, and is projected to generate $1.3 billion for the regional economy in its first two decades.
Courtesy: Coldwell Banker West
GREAT OPPORTUNITY IN SAN DIEGO TO LIVE IN HOME AND RENT OTHER 2 UNITS TO PAY FOR HALF OF MORTGAGE. Prime Multi-Use Investment with Growth Potential: Invest in San Diego's promise with this unique 3-unit property offering diverse revenue streams and untapped income potential. Featuring just under 2000 sq. ft. of space on a 5,000+ sq. ft. lot, the property includes two commercial units, a barbershop and a bike shop along with a 1-bedroom house in the back. A potential additional room with a full bath is available in a converted garage. Key Highlights: Stable Income: 4 long-term tenants with virtually no monthly upkeep. Revenue Growth: Rents haven't been raised in over 5 years, suggesting they're below market value. Location & Parking: Prime location with 15-min street parking, ideal for customer visits to the commercial units. Flexibility: Ideal for both pure investment strategies or a live-work environment. Tax Benefits: Potential tax advantages could further enhance ROI. Don't miss this limited opportunity to invest in a versatile San Diego property with both stable income and significant growth potential.
National City is located in California. National City, California has a population of 60,715. National City is less family-centric than the surrounding county with 30.61% of the households containing married families with children. The county average for households married with children is 34.63%.
The median household income in National City, California is $43,168. The median household income for the surrounding county is $70,588 compared to the national median of $57,652. The median age of people living in National City is 32.5 years.
The average high temperature in July is 75.9 degrees, with an average low temperature in January of 45.8 degrees. The average rainfall is approximately 11.7 inches per year, with 0 inches of snow per year.
