840 E 16th St, National City, California 91950, National City, 91950 - 3 bed, 2 bath
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840 E 16th St
National City, California 91950
ACTIVE
CONDITION: POOR
3Beds
2Baths
924Sq Ft
5,039Lot Size
Property Price
LIST PRICE$599,999
EST. MARKET VALUE
$581,020
3% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $680,000—positioned above the $613,868 Fair Market Value. While the property requires significant capital, the R-4 Zoning provides a unique value-add opportunity for redevelopment or multi-unit expansion. With a Condition Rating of 5, the home is a true fixer-upper requiring comprehensive structural and utility rehabilitation. This asset is best suited for Buy-and-Hold Investors or Contractors capable of navigating the complexities of a major renovation to unlock the lot's full density potential.
Estimated Market Value
$581,020
Based on Realkey algorithm analyzing recent comparable sales in National City.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 840 E 16th St Subject | $599,999* List Price | 3 | 2 | 924 | $629 | - |
A 1432 E 20th Street Sold | $735,000 | 3 | 1 | 936 | $785 | 0.5 mi |
B 329 W 14th Street Sold | $660,000 | 3 | 2 | 1,008 | $655 | 0.8 mi |
C 426 E Ave Sold | $705,000 | 2 | 1 | 1,161 | $607 | 0.8 mi |
D 516 E 3rd Street Sold | $660,000 | 2 | 2 | 938 | $704 | 0.8 mi |
E 690 E 30th Sold | $585,000 | 2 | 1 | 944 | $620 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1928 and explicitly marketed as a 'fixer' for investors, this property shows significant age-related wear and deferred maintenance. While the bathroom has received some cosmetic updates, the exposed framing in utility areas, dilapidated exterior structures, and unmaintained grounds indicate a need for a comprehensive rehab to address potential safety and structural defects.
PROSSTRENGTHS & OPPORTUNITIES
- High-Density Zoning
The property is situated on an R-4 zoned lot, offering significant redevelopment potential for multiple units or high-density residential projects in a desirable area.
- Value-Add Opportunity
As a designated fixer-upper, this property provides substantial upside for investors or buyers looking to build equity through comprehensive renovation and modernization.
- Efficient Configuration
Despite the compact 924 sq. ft. footprint, the 3-bedroom, 2-bathroom layout offers a highly functional living space that maximizes rental or resale appeal once restored.
CONSRISKS & DEFICIENCIES
- Significant Renovation Required
The property is marketed in fixer condition, indicating that it likely requires extensive repairs and immediate capital investment to be habitable or marketable.
- Aging Infrastructure
Originally built in 1928, the home may feature outdated structural elements and utility systems that could lead to higher-than-expected maintenance or replacement costs during renovation.
About 840 E 16th St
Investor opportunity! Fixer with upside in National City. This 3-bedroom, 2-bath home offers 924 sq. ft. of living space on an R-4 zoned lot, providing excellent potential for redevelopment or the addition of multiple units (buyer to verify with the City). Ideal for investors or buyers looking to renovate and maximize value. Don't miss this opportunity to unlock the property's full potential!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1928
- Lot Size
- 5,039 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.2 |
| Baths | 2.0 | 2.2 |
| Square foot | 924 | 1,425.2 |
| Lot Size | 5,039 | 7,926.16 |
| Price | $600.0K | $758.4K |
| Price per sq ft | $649 | $603 |
| Built year | 1928 | 1954 |
| HOA | $0 | $168 |
| Days on market | 36 | 40 |
Pricing History
Listed for Sale
Sep 5, 2026
$599,999
$625,000
-4% Price Drop
Initial Listing
Price Change
Aug 29, 2026
$625,000
$680,000
-8% Price Drop
Initial Listing
Price Change
Aug 4, 2026
$680,000
Initial Listing