NOT LISTED FOR SALE

28 E 5th St National City, CA 91950

4 Beds
4 Baths
-- Sq Ft
1939 Built

Last Sold March 24, 2023

Last sale price $1,349,000

4 Days on Market

Highlights

  • Corner Lot
  • Property is Fully Fenced
  • Wood Siding

About This Home

As of March 2023

Craftsman style fourplex on a corner lot, recently renovated with no expense spared. Live in the 2 bed 1 bath home and rent the other three units to subsidize your mortgage or purchase as an investment to capitalize on high rents. Unit mix consists of One 2 bed 1 bath, One Studio, and Two 1 bed 1 baths. Seller willing to offer a $25,000 credit for a 2-1 buy down with use of sellers preferred lender. Conveniently located to all major highways, the Naval Base, and downtown - access most anywhere in the city in 20 minutes or less. A must see. Seller is motivated, bring all offers!

Last Agent to Sell the Property

Aviv Levy

Finest City Restoration License #02075155 Listed on: 02/03/2023

Last Buyer's Agent

Theodore Kavich

Compass License #02066610

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1939

Lot Details

  • Property is Fully Fenced
  • Corner Lot

Parking

  • Alley Access

Home Design

  • Composition Roof
  • Wood Siding
  • Stucco Exterior

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Assessor Parcel Number 556-212-25-00

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Net Operating Income $7,775

Property Details

Home Type

Multi-Family

Year Built

1939

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: South Bay
  • Cross Street: National City Blvd
  • Neighborhood: National City
  • Sale Price List Price: 1.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1939

Exterior Features

  • Exterior Material: Stucco, Wood/Stucco
  • Fencing: Full
  • Roof: Composition

Utilities

  • Cooling: Wall/Window
  • Sewer/Septic: Sewer Connected

Condo/Co-op/Association

  • Community: NATIONAL CITY

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Alley Access, Corner Lot
  • Assessor Parcel Number: 556-212-25-00

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 7775
  • Gross Rent Multiplier Actual: 14.04
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 4
  • Number Of Units With Dishwashers: 4
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft Prior Sale
03/24/2023 03/24/23 Sold $1,349,000 0.0% --
02/08/2023 02/08/23 Pending -- -- --
02/03/2023 02/03/23 For Sale $1,349,000 +65.5% --
04/04/2022 04/04/22 Sold $815,000 -4.0% -- View Prior Sale
03/17/2022 03/17/22 Pending -- -- --
03/12/2022 03/12/22 For Sale $849,000 0.0% --
02/25/2022 02/25/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $849,000 0.0% --
02/16/2022 02/16/22 Pending -- -- --
02/08/2022 02/08/22 For Sale $849,000 -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,295 $1,403,499 $769,896 $633,603
2024 $17,295 $1,375,980 $754,800 $621,180
2023 $11,070 $831,300 $453,900 $377,400
2022 $6,403 $420,170 $272,225 $147,945
2021 $6,079 $411,933 $266,888 $145,045
2020 $5,759 $407,710 $264,152 $143,558
2019 $5,747 $399,717 $258,973 $140,744
2018 $5,567 $391,881 $253,896 $137,985
2017 $5,396 $384,198 $248,918 $135,280
2016 $5,277 $376,666 $244,038 $132,628
2015 $5,226 $371,009 $240,373 $130,636
2014 $5,030 $363,743 $235,665 $128,078
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230002280

San Diego MLS

APN: 556-212-25-00