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National City, CA 91950,1214-20 E 18th
National City, CA 91950,1214-20 E 18th
National City, CA 91950,1214-20 E 18th
National City, CA 91950,1214-20 E 18th
National City, CA 91950,1214-20 E 18th
National City, CA 91950,1214-20 E 18th
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Chris Jensen

Chris Jensen

+1(858) 449-1277
$ 1,295,000
Est. payment | /mo

8 Beds

4 Baths

700 SqFt

Save Video Tour
$ 1,295,000
Est. payment | /mo
Save Video Tour

8 Beds

4 Baths

700 SqFt

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 700 sqft

Price per Sqft $1,850

Subdivision National City

MLS Listing ID 250024408

Bedrooms 8

Full Baths 4

HOA Y/N No

Year Built 1959

Property Sub-Type Res Income 2-4 Units

Property Description

First Time on Market in Over 35 Years – Prime Value-Add Opportunity in National City! Welcome to 1214-20 E 18th Street, a rare investment opportunity in the heart of National City. Hitting the market for the first time in over three decades, this well-located multifamily asset features four spacious 2-bedroom, 1-bathroom units situated on a generous 9,431 square foot lot. In addition to the main residential buildings, the property includes a third detached structure housing four single-car garages and an extra storage room. This additional structure presents a compelling opportunity for increased revenue—whether through renting the garages separately or converting the space into Accessory Dwelling Units (ADUs), subject to city approval. All units are currently tenant-occupied with month-to-month leases, offering maximum flexibility for repositioning. Rents are approximately 50% below market, providing immediate upside potential through renovation and rent increases. Investors will appreciate the ability to add value by modernizing interiors and capturing significant cash flow growth. Don't miss this exceptional chance to acquire a well-located asset with strong fundamentals, significant rental upside, and multiple value-add pathways.

Location

State CA

County San Diego

Community National City

Area National City (91950)

Exterior

Exterior Feature Stucco

Fence Partial

Roof Type Composition

Building

Story 1

Lot Size Range 7500-10889 SF

Level or Stories 1 Story

Others

Acceptable Financing Cash, Conventional, Exchange, FHA, Other/Remarks, VA

Space Rent $1,245

Listing Terms Cash, Conventional, Exchange, FHA, Other/Remarks, VA

San Diego Regional MLS (SDMLS)
Listed by Josh Browar • The Browar Group
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(858) 449-1277

chris@sdishome.com

1134 D St., Ramona, CA, 92065, United States

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1214-20 E 18th