42 48 E 5th St

National City, CA 91950

  • 0 Bed(s)
  • 0 Bath(s)
  • 2,767 Sqft
  • 5963
    Sqft(Lot)
$1,700,000

Description

High cap rate & va-approved. brand new remodeled fourplex in the booming rental market of national city! this fully renovated 4-unit investment property offers a turnkey opportunity for first-time homebuyers or savvy investors seeking strong rental income. boasting a high cap rate, this va-approved property is perfect for veterans looking to own an income-generating asset. the property consists of four beautifully upgraded units. two of the units are 1-bedroom, 1-bath cottages (407 sq. ft. and 600 sq. ft.), while the other two units offer more space, including a 1-bedroom, 1-bath unit with an extra optional bedroom (856 sq. ft.) and a 2-bedroom, 2-bath unit (885 sq. ft.). each unit has been fully upgraded with brand-new kitchens, bathrooms, hardwood flooring, fencing, landscaping, and fresh paint throughout. the front structure features new construction, with completely replaced foundation, electrical, and plumbing in the front-right unit. every unit is equipped with brand-new ac mini-splits and washer/dryer units for maximum comfort and convenience. the property is low maintenance with excellent security, featuring circle security cameras on each unit and two gated entrances—one in the front and one in the back. it also offers four assigned parking spaces, with plenty of additional street parking. the largest unit has in-unit washer/dryers, while others use a community laundry room. located just 7 miles from downtown san diego, national city is a prime rental location with easy access to coronado bridge, san diego bay, and the 5 highway. the area offers the perfect balance of city and suburban living, with a strong military presence due to the naval base san diego. nearby amenities include kimball park, just an 11-minute walk away, which features baseball and softball fields, a picnic area, and a skate park. dorothy petway neighborhood park, just a 2-minute drive away, offers a playground, trails, and picnic areas. paradise creek educational park, only 3 minutes away, provides scenic walking trails and a playground. the property is also in close proximity to major public transportation, with a 2-minute walk to bus stops, walking distance to subway, and just a 12-minute drive to san diego international airport. don't miss this exceptional investment opportunity in one of san diego’s fastest-growing rental markets!

  • Property Type

    Residential Income

  • County

    San Diego

  • Style

    Residential Income

  • AD ID

    48758779

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Property Details

  • Bathroom Information

    • Total Baths: 0

    Water/Sewer

    • Sewer : Other

    Interior Features

    • Property Appliances: Dryer,Washer

    Cooling Features

    • Air Conditioning

    Heating Source

    • Has Heating

    Fireplace

    • Has Fireplace: 0

  • Building Information

    • Year Built: 1940
    • Building Area Total: 2,767

    Pool Features

    • None

    Laundry Features

    • Common Area,Inside,Outside

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1369
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 5963

  • Listing Price Information

    • Original List Price: 1,700,000
    • Listing Contract Date: 2025-02-25

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5562122300

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 91950 - National City
    • Directions: Use GPS. From National City Blvd, turn onto East 5th Street. To access the back of the building, turn right at the first lane, then immediately turn left. Look for #48.
    • Zoning: Multifamily Residential
    • Source Property Type: Residential Income
    • Area: 91950 - National City

    Building and Construction

    • Property Age: 85
    • Common Walls: 2+ Common Walls
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
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BuyOwner last updated this listing 04/01/2025 @ 21:17

  • MLS: NDP2501848
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 2,767 sqft, 5,963 sized lot, and 2 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of National City , in zip code 91950, this San Diego County Home , it is in the National City Subdivision, are nearby neighborhoods.