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National City, CA 91950,1214 20 E 18th
National City, CA 91950,1214 20 E 18th
National City, CA 91950,1214 20 E 18th
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$1,295,000
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1214 20 E 18th National City, CA 91950

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Nathan King Real Estate Group

Nathan King Real Estate Group

Nathan King Real Estate Group

+1(559) 396-0000

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision National City

MLS Listing ID 250024408SD

HOA Y/N No

Year Built 1959

Property Description

First Time on Market in Over 35 Years – Prime Value-Add Opportunity in National City! Welcome to 1214-20 E 18th Street, a rare investment opportunity in the heart of National City. Hitting the market for the first time in over three decades, this well-located multifamily asset features four spacious 2-bedroom, 1-bathroom units situated on a generous 9,431 square foot lot. In addition to the main residential buildings, the property includes a third detached structure housing four single-car garages and an extra storage room. This additional structure presents a compelling opportunity for increased revenue—whether through renting the garages separately or converting the space into Accessory Dwelling Units (ADUs), subject to city approval. All units are currently tenant-occupied with month-to-month leases, offering maximum flexibility for repositioning. Rents are approximately 50% below market, providing immediate upside potential through renovation and rent increases. Investors will appreciate the ability to add value by modernizing interiors and capturing significant cash flow growth. Don't miss this exceptional chance to acquire a well-located asset with strong fundamentals, significant rental upside, and multiple value-add pathways.

Location

State CA

County San Diego

Area 91950 - National City

Interior

Cooling None

Fireplace No

Exterior

Fence Partial

View Y/N No

Roof Type Composition

Building

Story 1

Entry Level One

Level or Stories One

Others

Senior Community No

Tax ID 5612103300

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

California Regional MLS (CRMLS)
Listed by Josh Browar • The Browar Group

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agent

Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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