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2241-2247 Prospect
South Bay National City 91950

$1,599,000 /290000.0
Com-Res Income 21,780 sq. ft. built: 1960

Main Photo: Property for sale: 2241-2247 Prospect in National City
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Status:
Active
Prop. Type:
Com-Res Income
MLS® Num:
250026709
Year Built:
1960
Amazing opportunity to own 5 well-maintained value-add units in a highly desirable area of National City with peekaboo ocean views. Rents are significantly below market. This property features a 3 bedroom single family residence in the front, three 2 bedroom units, and a 3 bedroom unit on the back side of the property. Front unit is a 3 BDRM/1 Bath with 2 Car Garage. Second building consists of Two 2 BDRM/1 Bath units and the third building is a 2 BDRM/1Bath unit upstairs a 3 BDRM/1Bath unit downstairs with an additional Garage/Workshop at the rear of the property. Consider living in one unit and renting out the other 4 units with room to possibly build another unit or two!
Rental Amount:
7900
Price Per Unit:
290000.0
Total Floor Area:
21,780 sq. ft.
Lot Size Commercial:
.25 through .50 Acres
County:
San Diego
Market Area:
South Bay
Number of Buildings:
3
Number of Units:
5
Stories:
1 Story, 2 Story
Num Stories:
2
Unit Type:
Duplex, Free Standing
Year Built:
1960
Gross Multiplier:
15.3
Gross scheduled income:
94800.0
Operating expense:
25978
Gross equity:
700000
Motive / Want:
1031
Financial Information Source:
Owner
Existing Financing:
Conventional
Listing Type:
Exclusive Right (R)
Complex Features:
N/K
Exterior Finish:
Block Fence, Cable Available, Part Fenced, Wood Fence
Special:
None
Parking:
Spaces
Cooling:
Central Forced Air Gas
Heating:
Central Forced Air Gas
Construction Material:
Brick, Frame, Stucco
Roof:
Composition
Floor finish:
Vinyl
Terms:
Cash, Cash to New Loan
Parcel Number:
561-420-08-00
Number of Units in Unit 1:
3
Unit 1 Furnished:
0
Total Rent for Unit 1:
3400.0
Bedrooms for Unit 1:
2
Bathroom 1:
1.0
Number of Units in Unit 2:
2
Total Rent for Unit 2:
4500.0
Bedrooms for Unit 2:
3
Bathroom 2:
1.0
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Listed by Coldwell Banker Realty
Data was last updated May 30, 2025 at 01:10 AM (UTC)
Area Statistics
Listings on market:
20
Avg list price:
$2,474,000
Min list price:
$885,000
Max list price:
$8,950,000
Avg days on market:
90
Min days on market:
22
Max days on market:
442
Avg price per sq.ft.:
$266.67
These statistics are generated based on the current listing's property type and located in South Bay. Average values are derived using median calculations.
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego Multiple Listing Service, Inc.