$1,395,000 Price Analysis   ♡   National City, CA 91950 6 bed 4 bath 2,736 SqFt ($509/SqFt) 6,342SqFt lot. Built 1959 Listed 2024-06-03, Taxes $5,860 | Ⓧ USDA Ineligible due to price & location near National City |
Amazingly LOW-MA INTENANCE 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 Cty 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. Owner may carry with 40% down. Shown ONLY with an accepted offer.
Presented by The Neuman Team, San Diego Real Estate Agents at
Berkshire Hathaway HomeServices.
Property MLS #240012500 from SanDiegoMLS
Full Bathrooms: 4
Water Heaters: Gas
Public Street
Sidewalks
Street Paved
Fencing: Partial
Frontage Length: 50
Lot Size Acres: 0.1455923
Lot Size Dimensions: Lot Dimensions Approx: 50x125
Topography: Level
Lot Size Square Feet: 6342
Number of Units: 4
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Unit-1 Square Feet: 528
Unit-2 Square Feet: 528
Unit-3 Square Feet: 840
Unit-4 Square Feet: 840
Unit 2 Total Actual Rent: 1598.0
Unit 3 Total Actual Rent: 1795.0
Unit 4 Total Actual Rent: 1795.0
High School: Sweetwater Union High School District
Middle School: National School District
Map directions Map directions Map directions Map directionsPet Features: Allowed w/Restrictions
County: San Diego
Cross Street: Highland Ave
Directions: East Plaza Blvd to Highland Ave South to East 16th St
Source Property Type: 2-4 UNITS
Area: South Bay
Source Neighborhood: 16th / Highland - National City
Parcel Number: 560-131-20-00
Park Name: 16th / Highland - National City
Subdivision: NATIONAL CITY
Zoning: RES-MULTI
Property Subtype: Res Income 2-4 Units
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $112,675 + $225,366 $338,041 | $5,860 |
| 2022 | $110,466 + $220,948 $331,414 | $5,845 |
| 2021 | $108,300 + $216,616 $324,916 | $5,520 |
| 2020 | $107,190 + $214,395 $321,585 | $5,204 |
| 2019 | $105,089 + $210,192 $315,281 | $5,056 |
| 2018 | $103,029 + $206,071 $309,100 | $4,868 |
| 2017 | $101,009 + $202,031 $303,040 | $4,690 |
| 2016 | $99,029 + $198,070 $297,099 | $4,595 |
| 2015 | $97,542 + $195,095 $292,637 | $4,554 |
| 2014 | $95,632 + $191,274 $286,906 | $4,400 |
| 2013 | $95,200 + $190,410 $285,610 | $4,407 |
| 2012 | $93,334 + $186,677 $280,011 | $4,352 |
| 2010 | $91,504 + $183,017 $274,521 | $4,259 |
| 2009 | $91,037 + $182,082 $273,119 | $4,260 |
| 2009 | $90,821 + $181,650 $272,471 | $4,260 |
| 2008 | $89,252 + $178,512 $267,764 | $4,119 |
| 2007 | $87,502 + $175,012 $262,514 | $4,067 |
$1,395,000
SanDiegoMLS
Year Built: 1959
Building Exterior Type: Stucco, Wood/Stucco, Wood
Entry Location: No
Levels: 2 Story
Property Age: 65
Roof: Composition
Levels or Stories: 2
Water Source: Water: Meter on Property, Water District: SWEETWATER AUTHORITY
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.