1340 E 8th Street,National City, CA 91950
National City, CA 91950
Description
Tenant-occupied single-family home on a corner lot in National City, offering in-place income today with room to grow. The 8,891 SF lot is well above average for the submarket, and the property includes a detached garage, giving a buyer flexibility beyond the main residence. Current rent of approximately $1,760/month sits below the estimated $2,400/month market rent, providing built-in upside for a new owner from day one. Zoned MXC-2, Major Mixed-Use Corridor, the property permits single-family, multifamily, and mixed residential/commercial development by right, supports up to 75 dwelling units per acre, and allows buildings as tall as 65 feet, subject to the City's approval process. The corner lot position and oversized parcel add further flexibility for a future value-add or redevelopment play, appealing to investors, developers, and owner-users alike. Located minutes from I-5, I-805, and the 8th Street Trolley Station, in a corridor currently benefiting from active public infrastructure investment. A full video and photography marketing package, including additional photos and property information, is available for interested buyers. Contact Ivan Del Muro-Garcia at 619.623.2132 or idmg@lee-associates.com for offering details, or to see what else is currently available in San Diego multifamily. Buyer to independently verify all information including square footage, lot size, zoning, year built, income, and development potential.
Details
| MLS # | NDP2607428 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1946 |
| Days On Site | 98 |
| Listing Provided By | Lee & Associates | Eric von Bluecher |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,072 |
| Garage | 1 |
| Story(s) | 1 |
| Zoning | Commercial - Buyer to Ver |
| Acreage | 0.20 |
| Property View | Yes |
Interior
| Cooling | None |
|---|---|
| Heating Yes / No | No |
| Cooling Yes / No | No |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Zero To One Unit Acre |
|---|
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Storm Drains, Street Lights, Suburban, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | San Diego |
| City | National City |
| Zip Code | 91950 |
| Area | 91950 National City |
| Listing VS Median (in 91950) | |
Price: $725,000 low | high Med: $607,500 sqft: 1,072 low | high Med: 1,272 $ / sqft: $676 low | high Med: $478 On site: 98 low | high Med: 158 | |
Market Activity 91950
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Learn More About This Property
| State | CA |
|---|---|
| County | San Diego |
| City | National City |
| Zip Code | 91950 |
| Area | 91950 National City |
| Listing VS Median (in 91950) | |
Price: $725,000 low | high Med: $607,500 sqft: 1,072 low | high Med: 1,272 $ / sqft: $676 low | high Med: $478 On site: 98 low | high Med: 158 | |
