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$1,700,000

Beds
6
sq ft
Unknown

42 E 5th St, National City, CA 91950

42 E 5th St

National City, CA 91950

  • 15 days on market
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 entrancesone in the front and one in the back. It also offers four assigned parking spaces, with plenty of additional street parking. The largest unit has in-unit washer/dryers, while others use a community laundry room. Located just 7 miles from downtown San Diego, National City is a prime rental location with easy access to Coronado Bridge, San Diego Bay, and the 5 Highway. The area offers the perfect balance

Details

Property type

Lot size

5,963 sq ft

Price per sq ft

Unknown

Year built

Unknown

Price History

02/25/2025
SanDiego

SanDiego #NDP2501848

Listed
$1,700,000
+19.3%
07/19/2022
SanDiego

SanDiego #220017317

Sold
$1,425,000
+174.04%
09/23/2020
SanDiego

SanDiego #200031981

Sold
$520,000

Schools & Community

Neighborhood: 

Northside

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 03/12/2025 at 12:40 AM

Listing updated: 03/01/2025 at 8:56 PM

Listed by: Ava Khamooshi, Ava Khamooshi, Phone #: (619) 212-0856

MLS: SanDiego #NDP2501848

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