1340 E 8th St, National City, CA 91950

Property Description

Tenant-occupied single-family home on a corner lot in National City, offering in-place income today with room to grow. The 8,891 SF lot is well above average for the submarket, and the property includes a detached garage, giving a buyer flexibility beyond the main residence. Current rent of approximately $1,760/month sits below the estimated $2,400/month market rent, providing built-in upside for a new owner from day one. Zoned MXC-2, Major Mixed-Use Corridor, the property permits single-family, multifamily, and mixed residential/commercial development by right, supports up to 75 dwelling units per acre, and allows buildings as tall as 65 feet, subject to the City's approval process. The corner lot position and oversized parcel add further flexibility for a future value-add or redevelopment play, appealing to investors, developers, and owner-users alike. Located minutes from I-5, I-805, and the 8th Street Trolley Station, in a corridor currently benefiting from active public infrastructure investment. A full video and photography marketing package, including additional photos and property information, is available for interested buyers. Contact Ivan Del Muro-Garcia at 619.623.2132 or idmg@lee-associates.com for offering details, or to see what else is currently available in San Diego multifamily. Buyer to independently verify all information including square footage, lot size, zoning, year built, income, and development potential. Tenant-occupied single-family home on a corner lot in National City, offering in-place income today with room to grow. The 8,891 SF lot is well above average for the submarket, and the property includes a detached garage, giving a buyer flexibility beyond the main residence. Current rent of approximately $1,760/month sits below the estimated $2,400/month market rent, providing built-in upside for a new owner from day one. Zoned MXC-2, Major Mixed-Use Corridor, the property permits single-family, multifamily, and mixed residential/commercial development by right, supports up to 75 dwelling units per acre, and allows buildings as tall as 65 feet, subject to the City's approval process. The corner lot position and oversized parcel add further flexibility for a future value-add or redevelopment play, appealing to investors, developers, and owner-users alike. Located minutes from I-5, I-805, and the 8th Street Trolley Station, in a corridor currently benefiting from active public infrastructure investment. A full video and photography marketing package, including additional photos and property information, is available for interested buyers. Contact Ivan Del Muro-Garcia at 619.623.2132 or idmg@lee-associates.com for offering details, or to see what else is currently available in San Diego multifamily. Buyer to independently verify all information including square footage, lot size, zoning, year built, income, and development potential.