4 units under $1m! Attention Investors, owner-users, business owners 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 property is located on a large lot with flexible Mixed-Use Zoning. Tear it down and build up to 11 residential units and a restaurant/shop, or flip 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!
Charming Victorian Multi-Unit Home – Rare Investment Opportunity Property Highlights: Historic Victorian Architecture: Timeless beauty with elegant design elements. Prime Investment: 4-unit property with room to expand, presenting lucrative rental opportunities. Mills Act Savings: Historic designation offers substantial property tax relief, maximizing ROI. Ideal Location: Positioned in a highly walkable, up-and-coming area with steady growth potential, close to local amenities and the vibrant downtown area. Strong Rental Upside: With gentrification underway, the neighborhood attracts quality tenants and offers strong upward rent potential. Near 32nd Naval Station: Proximity to the naval base adds rental demand and stability. This meticulously maintained and freshly painted Victorian home marries historical charm with modern-day income potential. Enjoy immediate cash flow with the current units while exploring the possibility of adding more. Perfect for investors looking for a long-term asset that offers both character and exceptional financial benefits. Don't miss this unique opportunity to own a piece of history with financial upside – schedule a viewing today!
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! Excellent layout. Both units are currently rented with 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.
Very well maintained triplex with great tenants. Spacious units in excellent condition. Very Low Maintenance. Long term tenants. 3 bed-2 full bath house in front est. built 1940 with W/D hookups. Two more legal units on parcel built in 2010. Both units are 2 bed-1.5 baths with sliders leading to private patios. $7340 in rents. $70,000 in improvements made in 2024 including 2 new roofs, new sewer line, 6 new windows, all new exterior paint, new interior paint in house, 6 new ceiling fans, and much more. Eight total parking spaces (rare for this area). Tenants pay for gas, electric, trash. Owner pays for water. Showings upon accepted offer. Please do NOT disturb the tenants! Dogs!!! Thank you.
TWO APN PACKAGE SOLD TOGETHER 556-010-35-00 and 556-010-34-00. Three Cottage, each have 2 bed 1 bath and private yard outdoor space. However, all garages have been turned into non permitted 3rd bedrooms for each Cottage. Corner lot & near 32nd Str. naval base. Close to the ocean with great ocean breezes. Convenient access to Freeway 5. Each unit has its own utilities including laundry facilities. Unique investment opportunity.
TWO APN PACKAGE SOLD TOGETHER 556-010-35-00 and 556-010-34-00. Three Cottage, each have 2 bed 1 bath and private yard outdoor space. However, all garages have been turned into non permitted 3rd bedrooms for each Cottage. Corner lot & near 32nd Str. naval base. Close to the ocean with great ocean breezes. Convenient access to Freeway 5. Each unit has its own utilities including laundry facilities. Unique investment opportunity.
MULTI-USE - GREAT OPPORTUNITY IN SAN DIEGO TO LIVE IN ONE HOME AND RENT OTHER 2 UNITS TO PAY FOR HALF OF MORTGAGE. Prime Multi-Use Investment with Growth Potential: Invest in San Diego with this unique 3-unit property offering diverse revenue streams and untapped income potential. The property includes two commercial units, a barbershop and a bike shop along with a 1-bedroom house in the back with studio ADU. An additional studio with a full bath is available in a converted garage. Key Highlights: Stable Income: Parking great for customer visits to the commercial units. Ideal for both investment strategies or a live-work environment.
MULTI-USE - GREAT OPPORTUNITY IN SAN DIEGO TO LIVE IN ONE HOME AND RENT OTHER 2 UNITS TO PAY FOR HALF OF MORTGAGE. Prime Multi-Use Investment with Growth Potential: Invest in San Diego with this unique 3-unit property offering diverse revenue streams and untapped income potential. The property includes two commercial units, a barbershop and a bike shop along with a 1-bedroom house in the back with studio ADU. An additional studio with a full bath is available in a converted garage. Key Highlights: Stable Income: Parking great for customer visits to the commercial units. Ideal for both investment strategies or a live-work environment.
Unique Investment Opportunity in National City! Located in an up-and-coming neighborhood that is undergoing redevelopment. Potential for re-zoning to MXC-1, enhancing future possibilities (see attached proposed Zoning map). This hidden gem features two houses on one lot. Ideal for privacy, comfort, and potential rental income. Live in one and rent the other, making it a smart choice for homeowners and investors alike! Front house has a cozy yard with a privacy hedge, two bedrooms, one bathroom, and convenient laundry hook-ups in the attached, 1-car garage. The back house features 4 bedrooms, 1.5 bathrooms, separate laundry room, shed in back, and a long driveway that leads to the carport for making parking a breeze. Fruit trees on property include, orange, guava, pomegranate, and avocado. Centrally situated near shopping, dining, public transportation, and freeway access. Just minutes from the Navy base, downtown, Petco Park, beaches and many other attractions. Don’t miss this unique opportunity to invest in a property with incredible potential! Contact us for more details.
Unique Investment Opportunity in National City! Located in an up-and-coming neighborhood that is undergoing redevelopment. Potential for re-zoning to MXC-1, enhancing future possibilities (see attached proposed Zoning map). This hidden gem features two houses on one lot. Ideal for privacy, comfort, and potential rental income. Live in one and rent the other, making it a smart choice for homeowners and investors alike! Front house has a cozy yard with a privacy hedge, two bedrooms, one bathroom, and convenient laundry hook-ups in the attached, 1-car garage. The back house features 4 bedrooms, 1.5 bathrooms, separate laundry room, shed in back, and a long driveway that leads to the carport for making parking a breeze. Fruit trees on property include, orange, guava, pomegranate, and avocado. Centrally situated near shopping, dining, public transportation, and freeway access. Just minutes from the Navy base, downtown, Petco Park, beaches and many other attractions. Don’t miss this unique opportunity to invest in a property with incredible potential! Contact us for more details.
Investment Potential: The property is zoned MCR-2 Multi-Use Commercial-Residential (45 du/ac max) to allow the addition of up to 3 more units on top of the RETAIL building, offering significant expansion opportunities. Unit 1329: Recently remodeled in 2020, this unit is currently generating $2,350 per month. The tenants have been there for 6 months and are on a month-to-month lease. Unit 1333: A long-term tenant has enjoyed this unit for over 17 years. This Section 8 tenant pays approximately $1,700 per month. Commercial Building: The front commercial space has a reliable tenant who has been in place for over 5 years, paying $2,000 per month. He is in month to month and willing to increase the rent Located on one of the busiest streets in San Diego County, this property offers a fantastic mix of residential income and commercial potential. Situated across from Walmart, the residential units are set back from the street, providing a peaceful environment. Donâ??t miss out on this versatile property with great rental income and future development potential! Verify all information before Close of Escrow (COE).
**Owner may carry with 40% down** Great for a 1031 exchange! Location, location.... this is what you've been waiting for with one of the best locations in National City! 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 $7173 in gross monthly rent from LONG-TERM Section 8 tenants, all of whom are single occupants. Incredibly stable income with appx 86% of the rent paid for by National City Housing Authority. Two tenants of 4+ years, two tenants of 25+ years… Looking for even MORE INCOME? Buyer MAY be able to convert the garage into an ADU/5th unit. Situated in a desirable location close to shopping, the post office, and dining amenities near Highland Ave. 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. There is some space behind the garage that belongs to this property, but not much space.
**Owner may carry with 40% down** Great for a 1031 exchange! Location, location.... this is what you've been waiting for with one of the best locations in National City! 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 $7173 in gross monthly rent from LONG-TERM Section 8 tenants, all of whom are single occupants. Incredibly stable income with appx 86% of the rent paid for by National City Housing Authority. Two tenants of 4+ years, two tenants of 25+ yearsâ?¦ Looking for even MORE INCOME? Buyer MAY be able to convert the garage into an ADU/5th unit. Situated in a desirable location close to shopping, the post office, and dining amenities near Highland Ave. Shown ONLY with an accepted offer.
Discover an exceptional investment opportunity with this stunning 4-plex, perfectly situated close to downtown, beautiful beaches, and military bases. This property offers an excellent unit mix, catering to a variety of tenant needs. The property includes two 3-bedroom, 3-bathroom units, both new construction finished in 2023, a 3-bedroom, 2-bathroom unit, and a 1-bedroom, 1-bathroom unit that have both been extensively renovated and complete in 2023 as well. Conveniently located near downtown, it provides easy access to shopping, dining, and entertainment. It's also just minutes away from pristine beaches, ideal for enjoying coastal living, and in close proximity to military bases, making it a perfect choice for military personnel and their families. These modern, well-maintained units feature spacious living areas and open floor plans designed for comfort and functionality. Located in a high-demand rental area, this property ensures a steady income stream. Don't miss out on this prime investment property that combines a versatile unit mix with a highly desirable location.
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.
The median home value in National City, CA is $725,000. This is lower than the county median home value of $846,300. The national median home value is $338,100. The average price of homes sold in National City, CA is $725,000. Approximately 30.81% of National City homes are owned, compared to 63.51% rented, while 5.68% are vacant. National City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a National City real estate agent to arrange a tour today!
National City, California has a population of 56,846. National City is less family-centric than the surrounding county with 30.31% of the households containing married families with children. The county average for households married with children is 33.76%.
The median household income in National City, California is $51,735. The median household income for the surrounding county is $88,240 compared to the national median of $69,021. The median age of people living in National City is 36.8 years.
The average high temperature in July is 76.1 degrees, with an average low temperature in January of 48.5 degrees. The average rainfall is approximately 9.9 inches per year, with 0 inches of snow per year.