
National City, California 91950
This Multi-Unit Residential Asset is a High-Potential Investment Opportunity, listed at $1,100,000—positioned above the $994,248 Fair Market Value. While the price reflects a premium, the property offers significant income-generating potential through its garage-converted ADU and basement studios. With a Condition Rating of 4, the home provides a stable foundation for value-add improvements. The expansive 12,017 sqft lot and panoramic bay views enhance long-term desirability. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, income-producing compound.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2815 Prospect Street Subject 7 bd · 6 ba · 2,024 sqft · $491 | $1,100,000* List Price | 7 | 6 | 2,024 | $491 | - |
A 1843 E 16th Street Sold 4 bd · 2 ba · 1,641 sqft · $472 · 0.8 mi | $775,000 | 4 | 2 | 1,641 | $472 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1992 (34 years old), the property is well-maintained but features dated 1990s-era finishes, particularly in the bathrooms and laundry areas. While the home is functional and includes upgrades like solar panels and multiple income-producing units, the age of the primary structure and original aesthetic style fall into the Fair category, suggesting a need for minor updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12017, living area = 2024.
The property features multiple rental units, including a garage-converted ADU and basement studios, offering significant cash flow opportunities for investors or owner-occupants.
Situated on a large 12,017 sqft lot, the grounds include a lush variety of mature fruit trees and a secure circular driveway with iron gates for ample parking.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
The description notes that additional units were built by a previous owner, which may require careful verification of permits and zoning compliance to ensure legal occupancy.
Accommodating 6 bedrooms and 7 bathrooms within just 2,024 square feet results in very small individual units, which may limit appeal for tenants seeking more spacious accommodations.
Beautifully maintained home with circular driveway the goes around the home for accessing and exiting the property. As you enter the home through the enclosed porch you would see a spacious open concept of the living room that flows into the dining area and kitchen. The main house consists of three bedrooms two baths and laundry room. A combination of tile and bamboo flooring, AC and Solar Panels helps keeps the home cool in the hot summer days without the high electric bill. Garage conversion of bedroom with bath as well as two other rooms with their own bath, were done by previous owner in 1992 when the property was built Each unit have their own separate entrance and parking area. Long driveway has plenty of room to park more than ten cars. Plus more parking space under covered porch. Iron gates provides more security. Current owner has invested lots of work and money planting several fruit trees witch includes: Avocado, banana, papaya, nectarines, apricots, guavas, citrus, and tropical trees and more. Recycle water has been used for the irrigation system. There's also another room with its own separate entrance and bath that is being used by owners when they are in town. Front house is occupied by family at this time.
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades K-6 • 0.7 mi
Grades K-6 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 3.2 |
| Baths | 6.0 | 2.2 |
| Square foot | 2,024 | 1,366.56 |
| Lot Size | 12,017 | 7,420.928 |
| Price | $1.10M | $752.7K |
| Price per sq ft | $543 | $602 |
| Built year | 1992 | 1953 |
| HOA | $0 | $168 |
| Days on market | 53 | 44 |
Sep 3, 2026
$1,100,000
Initial Listing
Sep 2, 2026
$11,000,000
Initial Listing