A
Seller's Agent in 2025
Aaron Marcusmillichap
Colliers International
(858) 945-7094
2 in this area
46 Total Sales
331-37 E 1st St National City, CA 91950
6
Beds
4
Baths
2,400
Sq Ft
6,107
Sq Ft Lot Lot
About This Home
As of April 2025Situated in the heart of National City—a dynamic, centrally located community known for its rich cultural heritage—this property offers strong tenant appeal. National City provides convenient access to key amenities, including popular shopping centers, diverse dining options, parks, and cultural landmarks, making it an attractive destination for both professionals and families. Its proximity to major transportation hubs, Downtown San Diego, the Port of San Diego, and key employment centers enhances its desirability, offering tenants short commutes and plentiful recreational opportunities. While the property has not been recently renovated, its classic charm presents a valuable opportunity for investors seeking to add value through updates. The current condition offers flexibility for customization, making it ideal for buyers looking to modernize units or reposition the property to meet the growing demand for upgraded rentals in this evolving and highly accessible area. Additionally, the property includes two garages that present potential for an ADU conversion, adding further value and rental income opportunities. Furthermore, the existing shed on the property could be marketed as a conveyed asset, offering potential income if rented out for storage. ***Adjacent Property is also listed*** and can be sold together for 12-units.
Last Agent to Sell the Property
Colliers International License #01318320 Listed on: 01/22/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1952
Lot Details
- 6,107 Sq Ft Lot
- Partially Fenced Property
Home Design
- Clay Roof
- Wood Siding
Interior Spaces
- 2-Story Property
Listing and Financial Details
- Assessor Parcel Number 556-010-50-00
Community Details
Overview
- 4 Units
- Kimball Park Community
Building Details
- Net Operating Income $19,895
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/04/2025 04/04/25 | Sold | $1,175,000 | 0.0% | $490 / Sq Ft |
| 03/05/2025 03/05/25 | Pending | -- | -- | -- |
| 02/22/2025 02/22/25 | For Sale | $1,175,000 | 0.0% | $490 / Sq Ft |
| 02/10/2025 02/10/25 | Pending | -- | -- | -- |
| 01/22/2025 01/22/25 | For Sale | $1,175,000 | -- | $490 / Sq Ft |
Source: San Diego MLS
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 | $8,458 | $576,518 | $288,259 | $288,259 |
| 2024 | $8,458 | $565,214 | $282,607 | $282,607 |
| 2023 | $8,355 | $554,132 | $277,066 | $277,066 |
| 2022 | $8,331 | $543,268 | $271,634 | $271,634 |
| 2021 | $7,907 | $532,616 | $266,308 | $266,308 |
| 2020 | $7,488 | $527,156 | $263,578 | $263,578 |
| 2019 | $7,336 | $516,820 | $258,410 | $258,410 |
| 2018 | $7,111 | $506,688 | $253,344 | $253,344 |
| 2017 | $60 | $496,754 | $248,377 | $248,377 |
| 2016 | $6,743 | $487,014 | $243,507 | $243,507 |
| 2015 | $6,677 | $479,700 | $239,850 | $239,850 |
| 2014 | $6,424 | $470,304 | $235,152 | $235,152 |
Source: Public Records
Agents Affiliated with this Home
-
Aaron Marcusmillichap
-
Aiden Rhee
A
Buyer's Agent in 2025
Aiden Rhee
Coldwell Banker West
(562) 474-1722
1 in this area
2 Total Sales
Map
Source: San Diego MLS
MLS Number: 250016926
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