426 E Plaza, National City, California 91950, National City, 91950 - bed, bath
ACTIVE$879,000$1,594/sqft
426 E Plaza, National City, California 91950
0Bed
0Bath
1,594Sqft
4,357Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Duplex: As a duplex, the property offers inherent income potential, allowing for rental income from one or both units, which can significantly offset ownership costs or serve as a pure investment.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4357, other record lot size in square feet = 5528. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1594, other record living area = 1161.
Compared to the nearby listings
Price:$879.0K vs avg $875.0K (+$4,000)75%
Size:1,594 sqft vs avg 1,710 sqft25%
Price/sqft:$551 vs avg $51275%
More Insights
Built in 1935 (91 years old).
Condition: Despite being built in 1935, this property has undergone a significant and modern interior renovation, making it move-in ready. The kitchen features contemporary white shaker cabinets, new countertops, and functional appliances, while the bathrooms are updated with modern fixtures, new toilets, and glass shower enclosures. New light-colored plank flooring is installed throughout, complemented by fresh paint and modern lighting. However, given the original build year, the status of major systems (plumbing, electrical, HVAC) is not explicitly detailed and may still be original or older, preventing an 'Excellent' rating, but the extensive cosmetic updates elevate it beyond 'Fair'.
Year Built
1935
Close
-
List price
$879K
Original List price
$879K
Price/Sqft
$551
HOA
-
Days on market
-
Sold On
-
MLS number
PTP2509285
Home ConditionGood
Features
View-
About this home
K
Kim Tran
Listing Agent
Condition Rating
Good
Despite being built in 1935, this property has undergone a significant and modern interior renovation, making it move-in ready. The kitchen features contemporary white shaker cabinets, new countertops, and functional appliances, while the bathrooms are updated with modern fixtures, new toilets, and glass shower enclosures. New light-colored plank flooring is installed throughout, complemented by fresh paint and modern lighting. However, given the original build year, the status of major systems (plumbing, electrical, HVAC) is not explicitly detailed and may still be original or older, preventing an 'Excellent' rating, but the extensive cosmetic updates elevate it beyond 'Fair'.
Pros & Cons
Pros
Income-Generating Duplex: As a duplex, the property offers inherent income potential, allowing for rental income from one or both units, which can significantly offset ownership costs or serve as a pure investment.
Historic Charm & Character: Built in 1935, the property likely possesses unique architectural details and character that appeal to buyers seeking homes with historical significance and a distinct aesthetic.
Established Urban Location: Located in National City, the property benefits from an established urban setting with proximity to downtown San Diego, major transportation routes, and local amenities, enhancing its rental and resale appeal.
Investment Potential: The property represents a solid investment opportunity, particularly given its duplex status in a growing urban area, offering potential for both rental income and long-term capital appreciation.
Reasonable Lot Size: With a 4357 sqft lot, the property offers a decent amount of outdoor space for an urban duplex, providing potential for landscaping, outdoor living areas, or future expansion possibilities (subject to zoning).
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4357, other record lot size in square feet = 5528. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1594, other record living area = 1161.
Advanced Age & Potential for Extensive Updates: Built in 1935, the property is very old, indicating a high probability of requiring significant investment in updating major systems (plumbing, electrical, HVAC) and general renovation to meet modern standards and expectations.
Unspecified Condition & Renovation Needs: The listing lacks specific details on recent renovations or the current condition of the units, suggesting that a buyer should anticipate substantial capital expenditures for modernization and deferred maintenance.
Potential for Higher Operating Costs: Older properties often feature less energy-efficient construction, insulation, and appliances, which could lead to higher utility bills and ongoing maintenance expenses compared to newer homes.