NOT LISTED FOR SALE
6 Beds
4 Baths
2,736 Sq Ft
6,342 Sq Ft Lot

Sale Details

Date Sold: December 19, 2025

Last sale price $1,245,000 $455 Per Sq Ft

45 Days on Market

Highlights

  • City View
  • Partially Fenced Property
  • Wood Siding

About This Home

As of December 2025

Great for a 1031 exchange! Location, location.... this is what you've been waiting for with one of the best locations in National City! Amazingly LOW-MAINTENANCE 4-unit INCOME property in the heart of National City, featuring 2 two-bedroom/one-bath units and 2 one-bedroom/one-bath units. Two-car garage plus 4 off-street parking spaces. Generates $7173 in gross monthly rent from LONG-TERM Section 8 tenants, all of whom are single occupants. Incredibly stable income with appx 86% of the rent paid for by National City Housing Authority. Two tenants of 4+ years, two tenants of 25+ years... Looking for even MORE INCOME? Buyer MAY be able to convert the garage into an ADU/5th unit. Situated in a desirable location close to shopping, the post office, and dining amenities near Highland Ave. Shown ONLY with an accepted offer.

Last Agent to Sell the Property

Gregg Neuman

Berkshire Hathaway HomeServices California Properties License #00809392 Listed on: 11/04/2025

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Seth Watje

Starker West, Inc. License #01805453

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 6,342 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 6 Bedrooms
  • 2,736 Sq Ft Home
  • 2-Story Property
  • City Views

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas/propane

Community Details

Overview

  • Association fees include n/k
  • 2 Buildings
  • 4 Units
  • 16Th / Highland National City Community
  • National City Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis

Building Details

  • Operating Expense $11,727

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

6,342 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1959
  • Unit Levels: 2 Story
  • Property Sub Type: Res Income 2-4 Units
  • Frontage: N/K
  • Lot Size: 50x125
  • SpaFeatures: N/K
  • Security Features: N/K
  • CapRate: 5.33
  • Association Fee Inclusions: N/K
  • Co List Office Mls Id: 68677
  • Subdivision Name: NATIONAL CITY
  • Directions: East Plaza Blvd to Highland Ave South to East 16th St
  • BuildingName: 16th / Highland - National City
  • FeedTypes: IDX
  • RFModificationTimestamp: 2025-12-19T18:58:16Z
  • AgeRestrictions: N/K
  • FullAddress: 725-731 E 16th Street
  • Miscellaneous: N/K
  • ShortSale: No
  • Site: Curbs, Public Street, Sidewalks, Street Paved
  • SupplementRemarks: All of the units have separate gas and electricity meters. Owner pays the water bill --averaging a total of $65 per month! Very low maintenance lot with nicely paved driveway and parking spaces, and very little landscaping to worry about. The 2-car garage has been partitioned, and is used by one tenant for laundry and storage, while the owner uses the majority of the garage space for personal storage. Do the same, or generate even more income by leasing out the garage. Note: The vacant lot behind the property is NOT part of the sale -- it belongs to another owner. There is some space behind the garage that belongs to this property, but not much space.
  • Telecommunications: Cable (coaxial)
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Total Bedrooms: 6

Exterior Features

  • Fencing: Partial
  • Roof: Composition
  • View: City
  • Pool Features: N/K
  • Construction Type: Stucco, Wood, Wood/Stucco

Utilities

  • Cooling: N/K
  • Heating: Wall/Gravity
  • Utilities: Sewer Connected
  • Water Source: Meter on Property
  • HeatSource: Natural Gas

Condo/Co-op/Association

  • Pets Allowed: Allowed w/Restrictions

Schools

  • Junior High Dist: Sweetwater Union High School Dis

Lot Info

  • Zoning: RES-MULTI
  • Lot Size Sq Ft: 6342.0

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • Number Of Buildings: 2
  • Number Of Units Total: 4
  • Annual Operating Expense: 11727.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2025
Closed on
Nov 18, 2025
Sold by
Kitagawa Gary Rex and Gary Rex Kitagawa Family Trust
Bought by
Seller's Agent
Gregg Neuman
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Seth Watje
Starker West, Inc.
List Price
$1,245,000
Sold Price
$1,245,000
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$828,750
Outstanding Balance
$823,127
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 1993
Sold by
Kitagawa Gary Rex
Bought by
Kitagawa Gary Rex

Purchase Details

Closed on
Jun 26, 1991
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in National City, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,245,000 California Title Company
Kitagawa Gary Rex -- --
-- $195,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $828,750
Previous Owner Kitagawa Gary Rex $294,760
Previous Owner Kitagawa Gary Rex $332,500
Previous Owner Kitagawa Gary Rex $150,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/19/2025 12/19/25 Sold $1,245,000 0.0% $455 / Sq Ft
12/19/2025 12/19/25 Pending -- -- --
11/04/2025 11/04/25 For Sale $1,245,000 -- $455 / Sq Ft
Source: San Diego MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,153 $1,245,000 $500,000 $745,000
2025 $6,153 $351,696 $234,470 $117,226
2024 $5,925 $344,801 $229,873 $114,928
2023 $5,861 $338,041 $225,366 $112,675
2022 $5,845 $331,414 $220,948 $110,466
2021 $5,520 $324,916 $216,616 $108,300
2020 $5,204 $321,585 $214,395 $107,190
2019 $5,056 $315,281 $210,192 $105,089
2018 $4,868 $309,100 $206,071 $103,029
2017 $4,691 $303,040 $202,031 $101,009
2016 $4,595 $297,099 $198,070 $99,029
2015 $4,554 $292,637 $195,095 $97,542
2014 $4,401 $286,906 $191,274 $95,632
Source: Public Records

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Map

Source: San Diego MLS

MLS Number: 250045984

San Diego MLS

APN: 560-131-20-00

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