Income-producing investment opportunity in centrally located National City! Reported annual rental income of $127,200 and operating expenses of $23,563 yield an estimated annual NOI of $103,637. A recent appraisal valued the property at $1,550,000, with a sales price of $1,449,000 and approximately 7.15% NOI. The appraisal confirmed approximately 3,292 square feet of combined living area across four residences: three 2-bedroom, 1-bath units and one spacious 3-bedroom, 2-bath unit. Situated on a 7,815-square-foot lot with on-site parking for up to six vehicles, the property offers multiple rental income streams and the flexibility to explore living in one residence while renting the others. Conveniently located near parks, schools, grocery stores, dining and Plaza Bonita, with easy access to I-5, I-805 and SR-54.
| MLS # | PTP2606983 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 42 |
| Listing Provided By | Premier Agency R.E. Inc | Alex Ortega |
| SQ Feet | 3,292 |
|---|---|
| Garage | 6 |
| Story(s) | 1 |
| Units | 4 |
| Building(s) | 3 |
| Zoning | R-4:MULTIPLE RESIDENTIAL |
| Acreage | 0.18 |
| Heating Yes / No | No |
|---|---|
| Cooling Yes / No | No |
| Fireplace Yes / No | No |
| Lot Features | Zero To One Unit Acre, Back Yard |
|---|
| Garage Yes / No | Yes |
|---|
| Sewer | Public Sewer |
|---|
| Community Features | Sidewalks |
|---|
| State | CA |
|---|---|
| County | San Diego |
| City | National City |
| Zip Code | 91950 |
| Area | 91950 National City |
| Listing VS Median (in 91950) | |
Price: $1,449,000 low | high Med: $689,500 sqft: 3,292 low | high Med: 873 $ / sqft: $440 low | high Med: $797 On site: 42 low | high Med: 34.5 | |
| State | CA |
|---|---|
| County | San Diego |
| City | National City |
| Zip Code | 91950 |
| Area | 91950 National City |
| Listing VS Median (in 91950) | |
Price: $1,449,000 low | high Med: $689,500 sqft: 3,292 low | high Med: 873 $ / sqft: $440 low | high Med: $797 On site: 42 low | high Med: 34.5 | |
![]() | $1,200,0001704 B AvenueNational City, CA 91950 |