1341 E 4th Street, National City, California 91950, National City, 91950 - 4 bed, 3 bath
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National City, California 91950
This Multi-Unit Income Asset is listed at $819,900, with a $741,618 Fair Market Value that accounts for its current Fair Condition Rating. The property’s investment appeal is anchored by its Income-Producing Units, including a detached 1-bedroom generating $1,800/month and a converted garage studio. Located on a private Corner Lot within the Sweetwater Union District near the Naval Base, the site offers significant value-add potential through Retroactive Permitting and modernization. This versatile setup is perfectly suited for Buy-and-Hold Investors or Owner-Occupants looking to leverage house-hacking to offset mortgage costs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1341 E 4th Street Subject | $819,900* List Price | 4 | 3 | 1,700 | $444 | - |
A 1506 G Avenue Sold | $695,000 | 4 | 2 | 1,632 | $426 | 0.9 mi |
B 2130 E 8th St Sold | $705,000 | 3 | 3 | 1,668 | $423 | 0.5 mi |
C 2747 Melrose Sold | $835,000 | 3 | 2 | 1,876 | $445 | 0.9 mi |
D 1936 O Avenue Sold | $715,000 | 3 | 4 | 1,438 | $497 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1952, this property is functional and currently income-producing but shows signs of age consistent with a 'Fair' rating. While the main house and units are livable, the kitchen and bathrooms feature dated styles and standard appliances rather than modern upgrades. The explicit mention of needing retroactive permitting for the ADU and studio suggests that while the structures are maintained, they may not fully meet current building codes or modern quality standards without further investment.
The property features a main house plus two additional units, including a detached 1-bedroom currently generating $1,800/month, offering significant mortgage-offsetting income or high yields for investors.
The corner lot positioning allows for distinct private entrances and individual yards for all three units, a rare and highly desirable feature for multi-family living arrangements.
Ideally situated near schools, shopping, and freeways, and just minutes from Downtown San Diego and the Naval Base, ensuring high rental demand and long-term desirability.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1700, other record living area = 987. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
The mention of retroactive permitting processes suggests that the additional units may not currently be fully permitted, requiring the buyer to navigate legal and administrative hurdles.
Built in 1952, the property may require significant capital expenditure for repairs or modernization of aging systems across three separate living spaces.
Great Opportunity to purchase a 3 Bedroom home in the heart of National City, with 2 Income Producing units. Perfect for extended families or buyers looking for income to offset the mortgage payment. Corner lot, which provides private entrances and yards for all three units. Main house is approximately 1,050 sq.ft. The detached 1 Bedroom unit is currently rented for $1,800/mo. There is also a converted garage studio. Take advantage of the California ADU Retroactive Permitting process, using SB 897, SB 1226 and AB 2533. Located near schools, shopping and freeways. And just minutes from Downtown San Diego and the Naval Base. This property offers incredible potential for Owner Occupants or Investors alike!
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades 7-9 • 1.4 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 70% |
| Baths | 3.0 | 2.0 | 70% |
| Square foot | 1,700 | 1,386.5 | 77% |
| Lot Size | 6,537 | 6,568.5 | 50% |
| Price | $819.9K | $752.5K | 82% |
| Price per sq ft | $482 | $544 | 27% |
| Built year | 1952 | 1955 | 48% |
| HOA | $0 | $0 | 50% |
| Days on market | 46 | 163 | 9% |
Mar 7, 2026
$819,900
Initial Listing