2307 9 E 5th, National City, CA 91950

$1,049,000

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List Price
$1,049,000
Status
ACTIVE
MLS#
260015165SD
Year Built
2021
Lot Size
11,719
Acres
0.27
Days on Market
36
Property Type
Multifamily
Stories
Two Levels
Neighborhood
National City

Property Description

A rare opportunity to own an investment compound featuring three separate residences on an oversized 11,719 sq. ft. lot just minutes from Downtown San Diego. The property includes a spacious 3 bedroom, 2 bathroom main residence, a 1 bedroom, 1 bathroom upstairs unit with neighborhood and city views, and a detached 2 bedroom, 1 bathroom rear home, offering an attractive unit mix for investors, owner-occupants, and multi-generational living. Currently generating $6,040 per month in gross rental income, all three units are occupied on month-to-month rental agreements, providing immediate cash flow with future flexibility and rental upside. The expansive property features a detached garage, ample off-street parking, generous outdoor space, and an excellent layout with separation between the front and rear residences. Ideally located near El Toyon Park and just minutes from Downtown San Diego, Coronado, the Port of San Diego, Naval Base San Diego, shopping, dining, schools, and major freeways, this property offers outstanding convenience and long-term investment appeal. Whether you're expanding your investment portfolio, looking to offset your mortgage by living in one unit while collecting rental income from the others, or seeking a unique multi-generational living opportunity, this exceptional property delivers versatility, strong in-place income, and exceptional long-term potential.

Additional Information

Cooling Description
None
Roof
Composition
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$72,480

Listing courtesy of Listing Agent: Nick Atkin (nick@atkinhomes.com) from Listing Office: Atkin Homes Corp..

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.