Active

42 E 5th St

National City CA, 91950

$1,700,000


Active

6 Beds

Multi-family

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 entrancesone 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

NDP2501848

MLS ID

February 27, 2025

Listed

March 12, 2025

Updated

Interior Features

Total Stories

1


Bedrooms

6


Appliances

Range/Oven, Refrigerator, Washer


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.14 Acres


Sewer

Other

Other Property Details

Days on Market

15


Garage

No


View

No


County

San Diego


Pool Features

None


Utilities

Other


Zoning

Assessor

Listed by AK Broker, Ava Khamooshi,
Listing Contact: 619-212-0856 

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Data last updated 6:48 PM UTC, 3/12/2025

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