75
See all 75 photos
$1,700,000
Est. payment /mo
5,963 Sqft Lot
New
42 48 E 5th St National City, CA 91950
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UPDATED:
03/01/2025 03:45 PM
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRNDP2501848
Originating Board California Regional MLS
Year Built 1940
Lot Size 5,963 Sqft
Property Sub-Type Fourplex
Property 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 additio
Location
State CA
County San Diego
Area 91950 - National City
Interior
Laundry Laundry Area, Other, Washer, Dryer
Exterior
Garage Spaces 4.0
Pool None
Others
Tax ID 5562122300
Special Listing Condition Not Applicable
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Listed by Ava Khamooshi • AK Broker