2508 Rae, National City, California 91950, National City, 91950 - 3 bed, 2 bath
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National City, California 91950
This High-Potential Investment Opportunity is listed at $799,000, positioned well below the $839,194 Fair Market Value by 4%. This valuation gap offers $40,194 in Instant Equity. Featuring a Mint Condition Rating with modern renovations and 11 owned solar panels, this property offers a proven Dual-Unit Income stream. With a Golf Course View and a large 9,653-square-foot lot, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey house-hack in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2508 Rae Subject | $799,000* List Price | 3 | 2 | 959 | $875 | - |
A 1431 E 17th Street Sold | $775,000 | 2 | 1 | 1,006 | $770 | 0.6 mi |
B 1609 Orange Street Sold | $795,000 | 3 | 2 | 996 | $798 | 0.6 mi |
C 3234 Cypress Street Sold | $727,500 | 2 | 1 | 925 | $786 | 0.6 mi |
D 2537 E E 13th St Sold | $760,000 | 3 | 2 | 1,050 | $724 | 0.9 mi |
E 2718 Ridgeway Dr Sold | $795,000 | 3 | 3 | 1,268 | $627 | 0.5 mi |
F 2959 Ridgeway Dr Active | $759,000 List Price | 3 | 2 | 806 | $942 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1949, the property has undergone a complete modern renovation within the last 5 years. It features turnkey interiors with shaker cabinets, stainless steel appliances, updated electrical systems, solar panels, and new mini-split HVAC units, meeting the criteria for mint condition with no immediate maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9653, living area = 959.
The property features a main house plus a detached studio with its own kitchen and bath, offering a proven high-yield rental history of over $81,000 in annual income.
Extensively updated with contemporary finishes, air conditioning, and 11 owned solar panels, providing an energy-efficient, move-in-ready experience.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 959, other record living area = 650. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With only 959 square feet split between two units, the living spaces are relatively compact, which may feel restrictive for larger families.
The assigned public schools for this address carry modest ratings (ranging from 4 to 6), which may be a drawback for education-focused buyers.
Incredible opportunity to purchase a turnkey property, ready to be used as a primary home, investment, or potential Airbnb. Nestled on a quiet cul-de-sac in National City, with a backyard overlooking a golf course, this property features a 2-bedroom, 1-bath house and a detached studio with its own bathroom and kitchen. Live in one unit and rent the other—or rent both to maximize your cash flow! Bright and beautiful, both units are modern and updated, with open floor plans, shaker cabinets, stainless steel appliances, air conditioning, and a laundry area. Additional recent upgrades include built-in closets, window shutters, an updated washer and dryer, updated electrical systems, fresh exterior paint, and drought-tolerant landscaping. Large lot. Possibly even room to build! Owned solar panels are included (11 panels)! Situated on a large 9,653-square-foot lot, the property is fully fenced and offers excellent indoor/outdoor flow. Furniture is negotiable. Ideally located just minutes from Downtown San Diego, the Bay, shopping, dining, and more.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades PK-6 • 0.5 mi
Grades K-6 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 959 | 1,359 | 24% |
| Lot Size | 9,653 | 6,420 | 80% |
| Price | $799.0K | $736.0K | 68% |
| Price per sq ft | $833 | $570 | 90% |
| Built year | 1949 | 1950 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 136 | 7% |
May 13, 2026
$799,000
Initial Listing
Mar 11, 2022
$720,000
Public Record
Mar 1, 2021
$205,000
Public Record