1340 East 8th Street, National City, CA 91950
1340 East 8th Street, National City, CA 91950
1340 East 8th Street, National City, CA 91950
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Listed by Ivan Del Muro-Garcia • Lee & Associates
$800,000
Est. payment /mo
2 Beds
1 Bath
1,072 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,072 sqft

Price per Sqft $746

MLS Listing ID 8N-2607428

Bedrooms 2

Full Baths 1

Year Built 1946

Lot Size 8,891 Sqft

Property Sub-Type Single Family Residence

Source California Regional Multiple Listing Service (CRMLS)

Property 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.

Location

State CA

County San Diego

Area 91950 - National City

Zoning Commercial - Buyer to Verify

Interior

Cooling None

Fireplaces Type None

Laundry Inside

Exterior

Garage Spaces 1.0

Pool None

Community Features Sidewalks, Storm Drains, Street Lights, Suburban

View Y/N Yes

Building

Lot Description 0-1 Unit/Acre

Sewer Public Sewer

Others

Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2607428


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John R Thompson

John R Thompson

+1(805) 796-5221

Broker/Owner | License ID: 01200900

Broker/Owner License ID: 01200900

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1340 East 8th Street