42 East. 5th St., National City, CA 91950 - NDP2501848 - iPro Real Estate

42 East. 5th St.
National City, CA 91950

Active, Multi-Family/Income Sale

New Listing
For Sale

$1,700,000 $285.09 per sqft

Free Professional CMA

Listing ID : NDP2501848

  • Garage

    2
  • Lot Size

    5,963 Sqft
  • Year

    1940

Description

High Cap Rate & VA-Approved. BRAND NEW REMODELED FOURPLEX IN THE BOOMING RENTAL MARKET OF NATIONAL CITY! This fully renovated 4-unit investment property offers a turnkey opportunity for first-time homebuyers or savvy investors seeking strong rental income. Boasting a high cap rate, this VA-approved property is perfect for veterans looking to own an income-generating asset. The property consists of four beautifully upgraded units. Two of the units are 1-bedroom, 1-bath cottages (407 sq. ft. and 600 sq. ft.), while the other two units offer more space, including a 1-bedroom, 1-bath unit with an extra optional bedroom (856 sq. ft.) and a 2-bedroom, 2-bath unit (885 sq. ft.). Each unit has been fully upgraded with brand-new kitchens, bathrooms, hardwood flooring, fencing, landscaping, and fresh paint throughout. The front structure features new construction, with completely replaced foundation, electrical, and plumbing in the front-right unit. Every unit is equipped with brand-new AC mini-splits and washer/dryer units for maximum comfort and convenience. The property is low maintenance with excellent security, featuring circle security cameras on each unit and two gated entrances-one in the front and one in the back. It also offers four assigned parking spaces, with plenty of additio

Details

Type: Multi-Family/Income Sale 
Subdivision: 91950 - National City 
County: San Diego 
Tax ID: 5562122300
Cap Rate: 5.30% 
Gross Rent Multiplier: 13.89 
Days on Market: 4 
AltCal ID: CRNDP2501848 
Laundry: Laundry Area, Other, Washer, Dryer 
Number of Buildings: 1 
Number of Units: 4 
Parking Spaces: 4 
Property Type: Commercial Sale 
Sub Type: Fourplex 

Show More

Interactive

32.683491 -117.090042 $1,700,000 NDP2501848
42 East. 5th St., National City, CA 91950
Directions to here from:

Mortgage Calculator

Listed by Ava Khamooshi with AK Broker

Based on information from the MLSListings MLS) as of 2/28/2025. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 2/28/2025. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. ©2025 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes