1313 E 9th Street, National City, CA 91950

$1,150,000

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List Price
$1,150,000
Price Change
▼ $50,000 1784010643
Status
ACTIVE
MLS#
NDP2605888
Year Built
1962
Lot Size
10,771
Acres
0.25
Lot Location
Irregular Lot
Days on Market
38
Property Type
Multifamily
Property Sub Type
Quadruplex

Property Description

We're pleased to present East 9th Street Apartments, a 4-unit multifamily investment opportunity located at 1313-1319 E 9th Street in National City, California. The property consists of four one-bedroom/one-bath units totaling approximately 1,600 square feet and is situated on an approximately 10,771 square foot lot. Built in 1962, the asset offers investors stable in-place income, strong rental demand, and future upside in one of San Diego County's most active multifamily submarkets. The property benefits from separate gas and electric metering, reducing operating expenses and improving management efficiency. Residents enjoy the convenience of 5+ on-site parking spaces, while ownership currently provides water and trash service. The property's straightforward unit mix, efficient layout, and large land component create an attractive investment opportunity with both operational stability and long-term appreciation potential. Ideally located in the heart of National City, the property is within walking distance of Plaza Boulevard, offering tenants convenient access to grocery stores, restaurants, coffee shops, banking services, and daily necessities. The asset is strategically positioned near Interstate 5, Interstate 805, State Route 54, Downtown San Diego, Naval Base San Diego, and the National City waterfront, providing excellent connectivity to major employment centers throughout the region. National City continues to attract investors and residents alike due to its affordability relative to the broader San Diego market, ongoing redevelopment initiatives, and strong workforce housing demand. With approximately 14% projected rental upside, ample parking, utility efficiencies, and a highly desirable South Bay location, East 9th Street Apartments presents a compelling opportunity for investors seeking both current income and future growth potential. Buyer to verify all property information, including but not limited to square footage, lot size, parking count, utility metering, condominium provisions, title matters, deed restrictions, financial information, market rental assumptions, and all development or ownership-related considerations. Buyer should review all preliminary title reports and conduct independent due diligence.

Additional Information

Pool Description
None
Sewer
Public Sewer
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$77,928
Operating Expense
29077

Listing courtesy of Listing Agent: Eric von Bluecher (evb@lee-associates.com) from Listing Office: Lee & Associates.

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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.