2526 Melrose Street, National City, California 91950, National City, 91950 - 3 bed, 2 bath
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National City, California 91950
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $675,000—positioned well below the $708,077 Fair Market Value by 4%. This valuation gap provides $33,077 in Instant Equity. Featuring a Condition Rating of 4, the home includes modern Dual-Pane Windows and Central A/C, with a versatile Covered Patio/Playroom adding functional space. Ideally located near Sweetwater Union schools and major freeways, this property is a strategic acquisition for Buy-and-Hold Investors or first-time buyers seeking value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2526 Melrose Street Subject | $675,000* List Price | 3 | 2 | 1,088 | $651 | - |
A 941 Bucky Lane Sold | $695,000 | 3 | 2 | 989 | $703 | 1.0 mi |
B 24 N Harbison Ave Sold | $650,000 | 3 | 1 | 900 | $722 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1961, this home is over 60 years old but has been maintained with some updates including dual-pane windows, A/C, and laminate flooring. The interior aesthetic remains dated, and while functional and move-in ready, it likely requires kitchen and bathroom modernizations to meet current market standards.
The home features dual-pane windows and a central A/C system, providing essential climate control and energy savings that are often missing in homes of this vintage.
The inclusion of a covered patio/playroom offers valuable additional square footage beyond the primary footprint, ideal for a home office, gym, or secondary family room.
The property is ideally situated with quick access to major freeways, local dining, and shopping, making it a highly convenient choice for professionals and active families.
At 1,088 square feet for a three-bedroom residence, the individual room sizes and common areas may feel restrictive for buyers seeking a more spacious feel.
The local public schools assigned to this address currently hold lower-to-average ratings, which may impact the property's appeal to education-focused families.
Welcome Home to this charming single family residence featuring 3 bedrooms and 2 full baths, A/C Dual Pane windows, covered Patio/PlayRoom for additional living space. Attached 2 Car Garage. Comfortable floor plan. Great location in National City close to shopping, dining, schools, and freeway access. Whether you are looking for your first home or your next investment this is the one.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.6 mi
Grades 7-9 • 1.3 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 | 1,088 | 1,359 | 41% |
| Lot Size | 5,400 | 6,200 | 34% |
| Price | $675.0K | $727.5K | 32% |
| Price per sq ft | $620 | $570 | 61% |
| Built year | 1961 | 1950 | 76% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 135 | 5% |
Jun 2, 2026
$675,000
Initial Listing
Nov 29, 2016
$400,000
Public Record