2641 45 E 18th, National City, California 91950, National City, 91950 - 4 bed, 3 bath
Loading property details...
National City, California 91950
This property presents a High-Potential Investment Opportunity with a List Price of $899,999—positioned well below the $836,382 Fair Market Value by -7%. Featuring Commercial Zoning on a massive 19,738 sq ft lot, this asset offers significant redevelopment potential for up to 38,000 sq ft of mixed-use space. With a Condition Rating of 5, the existing structures require substantial rehabilitation. This is a strategic acquisition for Buy-and-Hold Investors or Developers looking to leverage density bonuses and long-term land appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2641 45 E 18th Subject | $600,000 | 4 | 3 | 2,000 | $418 | - |
A 1104 Manchester St Active | $899,000 List Price | 3 | 2 | 1,768 | $508 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1924, the property shows significant signs of age and deferred maintenance across all three units. The interiors feature severely outdated kitchens and bathrooms with old appliances, worn flooring, and aged fixtures. The listing's emphasis on commercial zoning and massive redevelopment potential suggests the current structures require substantial rehabilitation or are nearing the end of their functional lifespan.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19738, living area = 2000.
The property is zoned commercial on a massive 19,738 sq ft lot, offering rare potential to build up to 38,000 sq ft of mixed-use or 19,000 sq ft of residential space up to four stories high.
With three existing units currently vacant, an investor can immediately lease at market rates or occupy one unit while generating income from the others without the complication of existing tenant relocation.
Built in 1924, the century-old structures likely require significant maintenance or modernization to meet current standards if the buyer chooses not to redevelop immediately.
The property's highest and best use relies on complex commercial zoning and SB1211 density bonuses, requiring a sophisticated buyer to navigate extensive city verification and permitting processes.
This is the investment opportunity you've been looking for! 3 units in one lot. The lot currently features three units. An ideal setup to live in one and rent the others while you plan the next phase. Zoned commercial. Unit 1 is the front home on the right side of the property and is a standalone detached 2 bd/1 ba with a basement, approximately 800 sf. Unit 2 is a 1 bd/ba, approx 500 sf and unit 3 is a 1 bd/1 ba, approx 680 sf. Two storage sheds are also included in the sale. Buyer to verify all building, zoning, and usage potential. Property shown by appointment only. Zoned commercial on tax roll. Developers could build up to 38,000 sf of mixed-use, or up to 19,000 sq ft residential-only. Allowed to be up to 4 stories or 50 ft high. You can also build 3 additional units under SB1211 due to existing 3 units (buyer to verify). UNITS ARE CURRENTLY VACANT.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 63% |
| Baths | 3.0 | 2.0 | 71% |
| Square foot | 2,000 | 1,403 | 83% |
| Lot Size | 19,738 | 6,420 | 95% |
| Price | $600.0K | $727.5K | 15% |
| Price per sq ft | $300 | $565 | 7% |
| Built year | 1924 | 1950 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 121 | 132 | 46% |
Mar 29, 2026
$899,999
$998,500
-10% Price Drop
Initial Listing
Mar 11, 2026
$998,500
$1,350,000
-26% Price Drop
Initial Listing
Feb 12, 2026
$1,350,000
Initial Listing