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1038 E 8th Street

National City, CA 91950
  • $1,370,000
  • STATUS: ACTIVE
  • ON SITE: 106 Days
  • ID#: 240023817
UPDATED: 54 min ago
$1,370,000
  • 7
    BEDS
  • 0.17
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,550
    SQFT
  • $386
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2010
County:

School Ratings & Info

Description

Very well maintained triplex with great tenants. Spacious units in excellent condition. Very Low Maintenance. Long term tenants in 2 units. 3 bed, 2 full bath house in front with W/D hookups. Two more legal units on parcel built in 2010. Both of those units are 2 bed, 1.5 baths with sliders leading to private patios. $7340 in rents. $70,000 in improvements made in summer of 2024 which include new roofs, new sewer line, 6 new windows, exterior paint, interior paint in house, 6 new ceiling fans, and much more. Eight total parking spaces (rare for this area). Tenants pay for gas, electric, and trash. Owner pays for water. Please do NOT disturb the tenants!

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San Diego MLS logo 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 MLS. 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 MLS, Inc. Licensed in the state of California.
www.mercergrouprealestate.com/homes/156439343
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1038 E 8th Street National City, CA 91950

  • Price: $1,370,000
  • Status: ACTIVE
  • On Site: 106 Days
  • Updated: 54 min ago
  • ID#: 240023817
7
Beds
4
Baths
0
½ Baths
0.17
Acres
3,550
SQFT
$386
$/SQFT
2010
Built
Neighborhood:
National City
County:
San Diego
Area:
National City (91950)
Property Description
Very well maintained triplex with great tenants. Spacious units in excellent condition. Very Low Maintenance. Long term tenants in 2 units. 3 bed, 2 full bath house in front with W/D hookups. Two more legal units on parcel built in 2010. Both of those units are 2 bed, 1.5 baths with sliders leading to private patios. $7340 in rents. $70,000 in improvements made in summer of 2024 which include new roofs, new sewer line, 6 new windows, exterior paint, interior paint in house, 6 new ceiling fans, and much more. Eight total parking spaces (rare for this area). Tenants pay for gas, electric, and trash. Owner pays for water. Please do NOT disturb the tenants!
Exterior Features

Exterior Stucco Fencing Full Parking Garage Spaces Unit1 4 Parking Garage Spaces Unit2 2 Parking Garage Spaces Unit3 2 Parking Non Garage Desc Unit1 AssignedCarport Parking Non Garage Desc Unit2 AssignedCarportTandem Parking Non Garage Desc Unit3 AssignedCarportTandem Parking Spaces Total Unit1 4.0 Parking Spaces Total Unit2 2.0 Parking Spaces Total Unit3 2.0 Parking Spaces Total Unit4 0.0 Roof Rolled/Hot Mop Site Corner Lot Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Unit3 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 3

Interior Features

Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 1 Half Baths Unit3 1 Heat Equipment Forced Air UnitWall/Gravity Heat Source Natural Gas Stories 2 Story Total Baths Unit1 2 Total Baths Unit2 2 Total Baths Unit3 2 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups No Unit3 Laundry Hook Ups No Units With Cooling 0 Units With Dishwashers 0 Units With Dryers 1 Units With Fireplaces 1 Units With Range Oven 3 Units With Refrigerators 3 Units With Washers 1 Water Heater Type Gas

Property Features

Actual Cap Rate 5.5 Age Restrictions N/K Annual Expense Actual 1650 Association ID San Diego Association of REALTORS (SDAR) Buildings 2 Cfd Mello Roos Fee 0.0 Community NATIONAL CITY Complex Park None Cross Streets K Avenue Gross Rent Multiplier Actual 15.0 Gross Scheduled Income Actual 88092 Jurisdiction Incorporated Mandatory Remarks None Known Market Area South Bay Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays TrashCable TVElectricityGardenerGas/Propane Terms CashConventionalFHA Unit Number For Unit1 1038 E 8th Unit Number For Unit2 826 K Ave Unit Number For Unit3 828 K Ave Unit1 Deposit 3395 Unit1 Occupied Tenant Unit1 Rent Actual 3395.0 Unit2 Deposit 1950 Unit2 Occupied Tenant Unit2 Rent Actual 1950.0 Unit3 Deposit 1995 Unit3 Occupied Tenant Unit3 Rent Actual 1995.0 Vacation Rental By Owner No Water Available Water District SWEETWATER AUTHORITY

San Diego MLS logo Listing provided courtesy of Deena Fischer of Metropolis Realty: 619-247-2220. Listing information © 2025 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo 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 MLS. 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 MLS, Inc. Licensed in the state of California.
 
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