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1038 E 8th Street
South Bay National City 91950

$1,375,000
Residential Income beds: 7 baths: 6.0 0 sq. ft. built: 2010

Main Photo: Residential Income for sale : 7 bedrooms : 1038 E 8th Street in National City
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Status:
Active
Prop. Type:
Residential Income
MLS® Num:
250032259
Bedrooms:
7
Bathrooms:
6
Year Built:
2010
Very well maintained triplex with great tenants. Spacious units in excellent condition. Very Low Maintenance. Long term tenants in 2 units. 3 bed, 2 full bath house in front with W/D hookups. Two more legal units on parcel built in 2010. Both of those units are 2 bed, 1.5 baths with sliders leading to private patios. $7665 in rents. $85,000 in improvements made in summer of 2024 which include new roofs, new sewer line, 6 new windows, exterior paint, interior paint in house, 6 new ceiling fans, and much more. Eight total parking spaces (rare for this area). Tenants pay for gas, electric, and trash. Owner pays for water and pest. Please do NOT disturb the tenants!
Property Sub Type:
Res Income 2-4 Units
Number of Buildings:
2
County Or Parish:
San Diego
Market Area:
South Bay
Neighborhood Code:
National City
Name of Complex/Subdivision:
NATIONAL CITY
Building Name:
None
Total Building Area:
3,875 sq. ft.
Total Floor Area:
0 sq. ft.
Total Bedrooms:
7
Bathrooms:
6
Half Bathrooms:
2
Stories:
2 Story
Total Stories:
2
Year Built:
2010
Age (in years):
15 year(s)
Short Sale:
No
Mello Roos Fee:
$0
Other Fees:
$0
Monthly Total Fees:
$0
Terms:
Cash, Conventional, FHA
Cap Rate.:
5.5
Gross scheduled income:
91980.0
Other income actual:
0
Operating expense:
16320.0
Number of Units:
3
Number of Units with Cooling:
0
Tenant pays:
Trash, Cable TV, Electricity, Gardener, Gas/Propane
Unit Number for Unit 1:
1038 E 8th
Unit Number for Unit 2:
826 K Ave
Unit Number for Unit 3:
828 K Ave
Located on the the southwest corner of E. 8th Street and K Avenue in National City. Between the 5 and 805 Freeways.
Site Influences:
Corner Lot
Age Restrictions:
N/K
Construction Material:
Stucco
Lot Size:
7,405 sq. ft.
Parcel Number:
556-510-43-00
Heating:
Forced Air Unit, Wall/Gravity
Heating fuel:
Natural Gas
Cooling:
N/K
Roof:
Rolled/Hot Mop
Security:
N/K
Water supply:
Available
Fencing:
Full
Jurisdiction:
Incorporated
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Listed by Metropolis Realty
Data was last updated July 3, 2025 at 03:10 AM (UTC)
Area Statistics
Listings on market:
49
Avg list price:
$1,775,000
Min list price:
$750,000
Max list price:
$13,050,000
Avg days on market:
70
Min days on market:
2
Max days on market:
477
These statistics are generated based on the current listing's property type and located in South Bay. Average values are derived using median calculations.
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