$1,599,000

2027 31 E Avenue, National City, CA 91950

  • 3,292 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon7,815sqft lot
  • Property Parking Icon 6 car garage
  • Property Price Per Square Feet Icon $486/sqft
  • Property List Date Icon Listed 29 days ago

Property Description

Income-producing investment opportunity in centrally located National City! Reported annual rental income of $127,200 and operating expenses of $23,563 yield an estimated annual NOI of $103,637. A recent appraisal valued the property at $1,550,000, representing an approximately 6.69% NOI yield on appraised value before debt service. The appraisal confirmed approximately 3,292 square feet of combined living area across four residences: three 2-bedroom, 1-bath units and one spacious 3-bedroom, 2-bath unit. Situated on a 7,815-square-foot lot with on-site parking for up to six vehicles, the property offers multiple rental income streams and the flexibility to explore living in one residence while renting the others. Conveniently located near parks, schools, grocery stores, dining and Plaza Bonita, with easy access to I-5, I-805 and SR-54.

Listing Status:
Active
Date Added:
September 15, 2026
Data Last Updated:
October 9, 2026 at 5:18AM
Listing Office:
Premier Agency R.E. Inc : 619-393-3118
Listing Agent:
Alex Ortega : 619-454-3903
Contact:
alex@theortegateam.com
MLS ID:
PTP2606983
  • Laundry: Washer HookupElectric Dryer Hookup
  • A/C: None
  • Heating: None
  • Pool: None
  • Parking: Parking spaces: 6
  • General: 1
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS_CRP
  • County: San Diego
  • Zoning: R-4:MULTIPLE RESIDENTIAL5603001700
  • Sewer: Public Sewer
  • Source: CRMLS_CRP

This listing courtesy of Alex Ortega , Premier Agency R.E. Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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