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Property view

1214 20 E 18th, 
National City, CA 91950

$1,200,000


Bed


Bath


-

Sq Ft


Multi-Family

Sold

Listed by

Josh Browar

Bought with eXp Realty of California Inc

The Browar Group

858-414-4398

MLS#

250024408SD

Source:

CRMLS

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About This Home

1214 20 E 18th

First Time on Market in Over 35 Years – Prime Value-Add Opportunity in National City! Welcome to 1214-20 E 18th Street, a rare investment opportunity in the heart of National City. Hitting the market for the first time in over three decades, this well-located multifamily asset features four spacious 2-bedroom, 1-bathroom units situated on a generous 9,431 square foot lot. In addition to the main residential buildings, the property includes a third detached structure housing four single-car garages and an extra storage room. This additional structure presents a compelling opportunity for increased revenue—whether through renting the garages separately or converting the space into Accessory Dwelling Units (ADUs), subject to city approval. All units are currently tenant-occupied with month-to-month leases, offering maximum flexibility for repositioning. Rents are approximately 50% below market, providing immediate upside potential through renovation and rent increases. Investors will appreciate the ability to add value by modernizing interiors and capturing significant cash flow growth. Don't miss this exceptional chance to acquire a well-located asset with strong fundamentals, significant rental upside, and multiple value-add pathways.

Home Facts

Multi-Family

Built in 1959

Price Summary

1,295,000

MLS #:

250024408SD

Sold:

May 15, 2025


Structure

Structure

Year Built:

1959


Finances & Disclosures

Finances

Price:

$1,295,000

Source:CRMLS
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