2912-2920 E 18th Street
National City
91950
$1,800,000
Residential Income
beds: 5
baths: 3.0
4,493 sq. ft.
built: 0
- Status:
- Active
- Prop. Type:
- Residential Income
- MLS® Num:
- 250033462
- Bedrooms:
- 5
- Bathrooms:
- 3
- Photos (11)
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This turnkey 5-unit apartment building is ideally located in the core of National City—one of San Diego County’s strongest rental submarkets. Originally built in 1959 and extensively renovated in 2023, the 4,493 SF property combines classic mid-century charm with modern upgrades throughout. Each unit has been thoughtfully updated with contemporary finishes and systems, designed to attract quality tenants and reduce ongoing maintenance. Situated on a spacious 0.41-acre lot, the property offers ample onsite parking, open space, and potential for expansion or ADU development. With a low-density layout, strong in-place income, and an attractive price per unit, this is a compelling investment offering both stabilized cash flow and long-term upside.
- Property Sub Type:
- Com-Res Income
- Number of Buildings:
- 2
- County Or Parish:
- San Diego
- Market Area:
- South Bay
- Total Building Area:
- 4,493 sq. ft.
- Total Floor Area:
- 4,493 sq. ft.
- Total Bedrooms:
- 5
- Bathrooms:
- 3
- Half Bathrooms:
- 0
- Num Stories:
- 2
- Year Built:
- 0
- Age (in years):
- 2,025 year(s)
- Total Actual Rent:
- $11,005
- Cap Rate.:
- 4.87
- Gross scheduled income:
- 132060.0
- Projected gross scheduled income:
- 158340
- Projected net Income:
- 111844
- Projected Gross Multiplier:
- 11.37
- Operating expense:
- 40471.0
- Projected operating expense:
- 41745
- Number of Units:
- 5
- Number of Units in Unit 1:
- 4
- Number of Units in Unit 2:
- 1
- Total Rent for Unit 1:
- $7,810
- Total Rent for Unit 2:
- $3,195
- Special Listing Conditions:
- Other/Remarks
- Lot Size:
- 0 sq. ft.
- Parcel Number:
- 558-260-10-00
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Listed by Marcus & Millichap
Data was last updated July 29, 2025 at 03:10 AM (UTC)
Area Statistics
- Listings on market:
- 53
- Avg list price:
- $1,800,000
- Min list price:
- $750,000
- Max list price:
- $13,050,000
- Avg days on market:
- 58
- Min days on market:
- 4
- Max days on market:
- 502
These statistics are generated based on the current listing's property type
and located in
South Bay. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- SONYA FLORES
- Innovate Realty Inc.
- 1 (619) 8710306
- Contact by Email
This information is deemed reliable but not guaranteed.
You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional.
You may use this information only to identify properties you may be interested in investigating further.
All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited.
Redistribution or copying of this information, any photographs or video tours is strictly prohibited.
This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc.
Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display.
The information and any photographs and video tours and the compilation from which they are derived is protected by copyright.
Compilation © 2025 San Diego Multiple Listing Service, Inc.
Powered by Innovate Real Estate
Office Address:
124 E 30th Street Suite D
National City, CA, 91950
This information is deemed reliable but not guaranteed.
You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional.
You may use this information only to identify properties you may be interested in investigating further.
All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited.
Redistribution or copying of this information, any photographs or video tours is strictly prohibited.
This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc.
Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display.
The information and any photographs and video tours and the compilation from which they are derived is protected by copyright.
Compilation © 2025 San Diego Multiple Listing Service, Inc.