42 E 5th St

National City, CA 91950

$1,700,000
Price
6
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

High Cap Rate & VA-Approved. Brand new remodeled fourplex in the booming rental market of national city! This fully renovated 4-unit investment property offers a turnkey opportunity for first-time homebuyers or savvy investors seeking strong rental income. Boasting a high cap rate, this VA-approved property is perfect for veterans looking to own an income-generating asset. The property consists of four beautifully upgraded units. Two of the units are 1-bedroom, 1-bath cottages (407 sq. ft. and 600...High Cap Rate & VA-Approved. Brand new remodeled fourplex in the booming rental market of national city! This fully renovated 4-unit investment property offers a turnkey opportunity for first-time homebuyers or savvy investors seeking strong rental income. Boasting a high cap rate, this VA-approved property is perfect for veterans looking to own an income-generating asset. The property consists of four beautifully upgraded units. Two of the units are 1-bedroom, 1-bath cottages (407 sq. ft. and 600 sq. ft.), while the other two units offer more space, including a 1-bedroom, 1-bath unit with an extra optional bedroom (856 sq. ft.) and a 2-bedroom, 2-bath unit (885 sq. ft.). Each unit has been fully upgraded with brand-new kitchens, bathrooms, hardwood flooring, fencing, landscaping, and fresh paint throughout. The front structure features new construction, with completely replaced foundation, electrical, and plumbing in the front-right unit. Every unit is equipped with brand-new AC mini-splits and washer/dryer units for maximum comfort and convenience. The property is low maintenance with excellent security, featuring circle security cameras on each unit and two gated entrancesone in the front and one in the back. It also offers four assigned parking spaces, with plenty of additional street parking. The largest unit has in-unit washer/dryers, while others use a community laundry room. Located just 7 miles from downtown San Diego, National City is a prime rental location with easy access to Coronado Bridge, San Diego Bay, and the 5 Highway. The area offers the perfect balance of city and suburban living, with a strong military presence due to the Naval Base San Diego. Nearby amenities include Kimball Park, just an 11-minute walk away, which features baseball and softball fields, a picnic area, and a skate park. Dorothy Petway Neighborhood Park, just a 2-minute drive away, offers a playground, trails, and picnic areas. Paradise Creek Educational Park, only 3 minutes away, provides scenic walking trails and a playground. The property is also in close proximity to major public transportation, with a 2-minute walk to bus stops, walking distance to Subway, and just a 12-minute drive to San Diego International Airport. Don't miss this exceptional investment opportunity in one of San Diegos fastest-growing rental markets!
  1. Listed by Ava Khamooshi • DRE #02061463 • Brokerage DRE #02061463 • AK Broker • 619-212-0856

Property Details for 42 East 5th Street

Neighborhood
National City
City Postal ID
NATIONAL CITY (91950)
LISTING UPDATED: 03/12/2025 11:32 AM

Property Details for 42 East 5th Street

StatusActive
MLS #NDP2501848
Days on Market28
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type2-4 Units
Year Built-
Lot Size0.14 AC / 5,963 SF
CountySan Diego County

Building Information for 42 East 5th Street

Stories1Residences-Year Built-Building Size-Lot Size0.14 AC / 5,963 SF

Property Information for 42 East 5th Street

Summary Information
Property and Location
  • System ID: 306374887
  • Class: 2-4 UNITS
  • Street Number Numeric: 42
  • Street Direction: E
  • Street Name: 5th St
  • Directions To Property: Use GPS. From National City Blvd, turn onto East 5th Street. To access the back of the building, turn right at the first lane, t
HOA and Fees
  • Home Owner Fees: $0
  • CFD/Mello-Roos Fee: $0
  • CFD/Mello-Roos Fee Reflct: Year
Supplement
  • Supplement: High Cap Rate & VA-Approved. BRAND NEW REMODELED FOURPLEX IN THE BOOMING RENTAL MARKET OF NATIONAL CITY! This fully renovated 4-unit investment property offers a turnkey opportunity for first-time homebuyers or savvy investors seeking strong rental income. Boasting a high cap rate, this VA-approved property is perfect for veterans looking to own an income-generating asset. The property consists of four beautifully upgraded units. Two of the units are 1-bedroom, 1-bath cottages (407 sq. ft. and 600 sq. ft.), while the other two units offer more space, including a 1-bedroom, 1-bath unit with an extra optional bedroom (856 sq. ft.) and a 2-bedroom, 2-bath unit (885 sq. ft.). Each unit has been fully upgraded with brand-new kitchens, bathrooms, hardwood flooring, fencing, landscaping, and fresh paint throughout. The front structure features new construction, with completely replaced foundation, electrical, and plumbing in the front-right unit. Every unit is equipped with brand-new AC mini-splits and washer/dryer units for maximum comfort and convenience. The property is low maintenance with excellent security, featuring circle security cameras on each unit and two gated entrancesone in the front and one in the back. It also offers four assigned parking spaces, with plenty of additional street parking. The largest unit has in-unit washer/dryers, while others use a community laundry room. Located just 7 miles from downtown San Diego, National City is a prime rental location with easy access to Coronado Bridge, San Diego Bay, and the 5 Highway. The area offers the perfect balance of city and suburban living, with a strong military presence due to the Naval Base San Diego. Nearby amenities include Kimball Park, just an 11-minute walk away, which features baseball and softball fields, a picnic area, and a skate park. Dorothy Petway Neighborhood Park, just a 2-minute drive away, offers a playground, trails, and picnic areas. Paradise Creek Educational Park, only 3 minutes away, provides scenic walking trails and a playground. The property is also in close proximity to major public transportation, with a 2-minute walk to bus stops, walking distance to Subway, and just a 12-minute drive to San Diego International Airport. Don't miss this exceptional investment opportunity in one of San Diegos fastest-growing rental markets!
Interior and Exterior Features
Interior Features
  • Num of Units w/Cooling: 4
Exterior Features
  • Pool: N/K
Property Information
Property and Assessments
  • Total Stories: 1
  • Entry Only: No
  • Lot Size: 4,000-7,499 SF
  • Lot Size Source: Assessor Record
  • Zoning: Assessor
  • Assessments: N/K
  • Assessors Parcel Num: 5562122300
Utilities
  • Sewer/Septic: Other/Remarks
Multi Family Information
Unit 1
  • Unit Num for Unit 1: 1
  • Unit 1 Num of Bedrooms: 1
  • Unit 1 Num of Total Baths: 1
  • Unit 1 Rent Actual: $2,000
Unit 2
  • Unit Num for Unit 2: 2
  • Unit 2 Num of Bedrooms: 1
  • Unit 2 Num of Total Baths: 1
  • Unit 2 Rent Actual: $2,300
Unit 3
  • Unit Num for Unit 3: 3
  • Unit 3 Num of Bedrooms: 2
  • Unit 3 Num of Total Baths: 1
  • Unit 3 Rent Actual: $2,750
Unit 4
  • Unit Num for Unit 4: 4
  • Unit 4 Num of Bedrooms: 2
  • Unit 4 Num of Total Baths: 2
  • Unit 4 Rent Actual: $3,145

Property History for 42 East 5th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 42 East 5th Street

Taxable ValueLand$312,120Additions$364,140Total$676,260
Tax Record2020$9,144 ($762 / month)
Home Facts
Total Finished SqFt2,767 SqFtAbove Grade Finished SqFt2,767 SqFtStyleMulti-Family Dwelling (2-4)Year Built1940Year Renovated1940ZoningCCountySAN DIEGOAPN5562122300

Schools near 42 East 5th Street

This home is within National Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Central Elementary School
PublicK to 6

National City Middle School
Public7 to 8

Sweetwater High School
Public9 to 12

Integrity Charter School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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42 East 5th Street is a multi-family home for sale in National City, CA 91950. This property was listed for sale on February 25, 2025 by AK Broker, it's currently listed at $1,700,000. This listing's school districts are National Elementary School District, Sweetwater Union High School District. Nearby schools include Central Elementary School, National City Middle School and Sweetwater High School. 42 East 5th Street is a 6-bed, 5-bath, multi-family home.

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Listing Courtesy of AK Broker, Ava Khamooshi, DRE #02061463

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