
National City, California 91950
This property presents a High-Potential Investment Opportunity with a List Price of $715,000—positioned well above the $645,455 Fair Market Value by 10%. While the price reflects a premium, the 8,400 sqft lot and Fair Condition Rating offer significant value-add potential through ADU construction or renovation. The inclusion of a bonus dwelling area provides immediate functional flexibility. This asset is ideal for Buy-and-Hold Investors or Contractors seeking a strategic project in a central, high-demand location with strong long-term growth prospects.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1821 Gamma Subject | $715,000* List Price | 3 | 1 | 1,041 | $656 | - |
A 941 Bucky Lane Sold | $695,000 | 3 | 2 | 989 | $703 | 0.6 mi |
B 516 E 3rd Street Sold | $660,000 | 2 | 2 | 938 | $704 | 1.0 mi |
C 24 N Harbison Ave Sold | $650,000 | 3 | 1 | 900 | $722 | 0.7 mi |
D 2526 Melrose Street Pending | $675,000 List Price | 3 | 2 | 1,088 | $620 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1954 and maintaining much of its 'original character,' this 70-year-old home is described as an investment opportunity requiring renovation. With no mention of updated systems and a clear focus on 'creating value through rehab,' it falls into the poor category due to age and the need for a total overhaul of kitchens, baths, and likely electrical/plumbing systems.
The expansive 8,400 sqft lot provides a rare opportunity in San Diego for property expansion or the construction of an Accessory Dwelling Unit (ADU), offering high value-add potential.
Ideally situated with immediate access to the 805 freeway and just minutes from Downtown San Diego, this location ensures a convenient commute and easy access to major shopping and dining hubs.
The inclusion of an additional dwelling area with a 3/4 bath and laundry hookups offers immediate functional flexibility for multi-generational living or a dedicated home office.
The additional dwelling area has unverified permit status, which could lead to complications with financing, appraisals, or future code compliance requirements.
As a 1954 original-character home marketed for its 'potential,' the property likely requires significant capital investment to modernize its systems and finishes to meet current market standards.
Opportunity-filled home in National City, with convenient access to the 805 freeway and just minutes from Downtown, shopping, dining, and everyday convenience of San Diego living. Situated on a spacious lot, the home has been cared for over the years and provides a solid foundation for customization while maintaining its original character. The expansive backyard has endless possibilities, from yard customization to Accessory Dwelling Units. Whether you are looking for a starter home to personalize, a long-term investment, or a property with multi-generational potential, this lot offers flexibility that is increasingly difficult to find in San Diego. The property also includes an additional dwelling area with a 3/4 bath and washer/dryer hookups that adds extra functionality. With strong upside potential, a large usable lot, and a central location close to major freeways, this is an opportunity to secure a property with both immediate livability and long-term potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.5 |
| Baths | 1.0 | 2.5 |
| Square foot | 1,041 | 1,717.5 |
| Lot Size | 8,400 | 7,902.6 |
| Price | $715.0K | $743.4K |
| Price per sq ft | $687 | $578 |
| Built year | 1954 | 1959 |
| HOA | $0 | $165 |
| Days on market | 44 | 38 |
Jun 8, 2026
$715,000
Initial Listing