$1,335,000
$40K PRICE DROP

1038 E 8th St National City, CA 91950

Estimated payment $8,609/month

Total Views 5,453
7 Beds
6 Baths
3,875 Sq Ft
$345 Price per Sq Ft

About This Home

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. $7665 in rents. $85,000 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 and pest. Please do NOT disturb the tenants!

Listing Agent

Deena Fischer

Metropolis Realty License #01048742 Listed on: 07/02/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2010

Lot Details

  • 7,186 Sq Ft Lot
  • Property is Fully Fenced
  • Corner Lot

Home Design

  • Rolled or Hot Mop Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 556-510-43-00

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Net Operating Income $75,660

Property Details

Home Type

Multi-Family

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: K Avenue
  • Neighborhood: National City
  • Stories: 2 Story
  • Total Stories: 2
  • Year Built: 2010
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Roof: Rolled/Hot Mop

Utilities

  • Water: Available
  • Water Heater Type: Gas
  • Heat Equipment: Forced Air Unit, Wall/Gravity

Condo/Co-op/Association

  • Community: NATIONAL CITY
  • Manager Name: Deena Fischer
  • Manager Phone: 619.247.2220

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Corner Lot
  • Water District: SWEETWATER AUTHORITY
  • Assessor Parcel Number: 556-510-43-00
  • Estimated Lot Sq Ft: 7186
  • Estimated Number of Acres: 0.17

Rental Info

  • Tenant Pays: Trash, Cable TV, Electricity, Gardener, Gas/Propane

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 75660
  • Annual Expense Actual: 16320
  • Gross Rent Multiplier Actual: 14.9
  • Gross Sched Income Actual: 91980
  • Number Of Buildings: 2
  • Number Of Units With Dryers: 1
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 1

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Price Changed $1,335,000 -2.9% $345 / Sq Ft
07/02/2025 07/02/25 For Sale $1,375,000 0.0% $355 / Sq Ft
01/04/2025 01/04/25 Rented $3,395,000 +99900.0% --
12/20/2024 12/20/24 Price Changed $3,395 -99.9% $3 / Sq Ft
12/02/2024 12/02/24 For Rent $3,395,000 0.0% --
12/29/2016 12/29/16 Sold $670,000 -8.3% --
11/20/2016 11/20/16 Pending -- -- --
11/07/2016 11/07/16 For Sale $730,900 0.0% --
10/20/2016 10/20/16 Pending -- -- --
10/12/2016 10/12/16 Price Changed $730,900 -5.1% --
09/16/2016 09/16/16 Price Changed $769,900 -3.8% --
08/25/2016 08/25/16 For Sale $799,900 -- --
Source: San Diego MLS

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Source: San Diego MLS

MLS Number: 250032259

San Diego MLS