$799,000
NEW CONSTRUCTION $201K PRICE DROP

316 E 31st St National City, CA 91950

Estimated payment $4,800/month

Total Views 5,421
0.2 Acre
$4,001,002 Price per Acre
8,700 Sq Ft Lot

Highlights

  • New Construction
  • Property is near a park
  • No HOA
  • Fishing
  • Wooded Lot
  • Neighborhood Views

About This Lot

PRICE REDUCED. We are pleased to offer an exceptional development opportunity in the rapidly growing National City area, near the Sweetwater River and the Mile of Cars. This ~8,700 SF vacant, lightly-sloped lot is zoned MXC-2, allowing for a range of development options including commercial/mixed-use or multifamily. The site can support up to 17 units by right, with potential for more through density bonuses. Alternatively, townhomes or ADUs may be considered for a less dense build. The area features several recently completed or underway developments, offering clear proof of concept. A 900 SF single-family residence previously on the property has been recently abated and demolished. Ideally located near the bayfront, parks, shopping, public transit, and major transportation corridors, the site is just 10 minutes from the new Chula Vista Gaylord Pacific Resort & Convention Center, downtown San Diego, and key naval bases. National City’s central location and strong rental demand—70% of households are renters—make it a high-potential market, particularly among working-class and immigrant communities. This property offers a compelling investment opportunity in one of San Diego’s most promising urban infill submarkets.

Listing Agent

Max Delbecq

Top Gun CRE Brokerage Email: maxd@topguncre.com License #01964069 Listed on: 04/25/2025

Co-Listing Agent

Kenneth Herskind

Top Gun CRE Brokerage Email: maxd@topguncre.com License #01872460

Co-Listing Agent

Daniel Trujillo

Corcoran Icon Properties Brokerage Email: maxd@topguncre.com License #01990745

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,465

Lot Details

  • 8,700 Sq Ft Lot
  • Rectangular Lot
  • Lot Sloped Down
  • Wooded Lot
  • Value in Land
  • Tear Down
  • Property is zoned MXC-2 Zoned for up to 17 multifamily..., MXC-2 Zoned for up to 17 multifamily units (more with density bonuses), or mixed-use/commercial

Property Views

  • Neighborhood Views

Home Design

  • New Construction

Location

  • Property is near a park
  • Property is near public transit
  • Urban Location

Listing and Financial Details

  • Assessor Parcel Number 5622520500

Community Details

Overview

  • No Home Owners Association

Recreation

  • Fishing
  • Park

Property Details

Property Type

Land

Est. Annual Taxes

$5,465

Lot Details

0

Listing Details

  • Assessments: No
  • View: Yes
  • Zoning: MXC-2 Zoned for up to 17 multifamily...
  • Zoning Description: MXC-2 Zoned for up to 17 multifamily units (more with density bonuses), or mixed-use/commercial
  • New Construction: Yes
  • Property Type: Land
  • Parcel Number: 5622520500
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 91.84

Exterior Features

  • View: Neighborhood
  • Fence: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Urban, Fishing, Park

Lot Info

  • Land Lease: No
  • Lot Features: Sloped Down, Gentle Sloping, Lot 6500-9999, Rectangular Lot, Near Public Transit, Park Nearby, Tear Down, Treed Lot, Value In Land
  • Lot Size Sq Ft: 8700.00
  • Lot Size Acres: 0.1997

Multi Family

  • Lot Size Area: 8700.0000 Square Feet

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,465 $213,779 $213,779 --
2024 $5,465 $419,176 $209,588 $209,588
2023 $5,390 $410,958 $205,479 $205,479
2022 $5,373 $402,900 $201,450 $201,450
2021 $5,130 $395,000 $197,500 $197,500
2020 $1,189 $58,252 $29,126 $29,126
2019 $1,142 $57,110 $28,555 $28,555
2018 $1,011 $55,992 $27,996 $27,996
2017 $961 $54,896 $27,448 $27,448
2016 $943 $53,820 $26,910 $26,910
2015 $936 $53,012 $26,506 $26,506
2014 $911 $51,974 $25,987 $25,987
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 For Sale $799,000 -11.2% --
07/15/2025 07/15/25 Off Market $900,000 -- --
06/23/2025 06/23/25 Price Changed $900,000 -10.0% --
04/25/2025 04/25/25 For Sale $1,000,000 +153.2% --
09/11/2020 09/11/20 Sold $395,000 -21.0% $438 / Sq Ft
07/06/2020 07/06/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $499,999 -- $555 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $395,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 New Conventional
Previous Owner $100,000 Construction
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2502985

California Regional Multiple Listing Service (CRMLS)

APN: 562-252-05