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1609 E 10th St.
South Bay National City 91950

$1,975,000
Residential Income beds: 7 baths: 5.0 4,896 sq. ft. built: 0

Main Photo: Residential Income for sale : 7 bedrooms : 1609 E 10th St. in National City
Photo 1: Residential Income for sale : 7 bedrooms : 1609 E 10th St. in National City
Photo 2: Residential Income for sale : 7 bedrooms : 1609 E 10th St. in National City
Photo 3: Residential Income for sale : 7 bedrooms : 1609 E 10th St. in National City
Photo 4: Residential Income for sale : 7 bedrooms : 1609 E 10th St. in National City
Photo 5: Residential Income for sale : 7 bedrooms : 1609 E 10th St. in National City
Photo 6: Residential Income for sale : 7 bedrooms : 1609 E 10th St. in National City
Status:
Active
Prop. Type:
Residential Income
MLS® Num:
260005473
Bedrooms:
7
Bathrooms:
5
Stable performing 8 unit rental property with desirable unit mix and strong in-place income. 4 1/1 and 4 2/1 units. Well maintained with new windows, new electrical upgrades and upgraded interiors. 5% cap rate on in-place rents with potential to increase the income. Located within walking distance of shopping, dining and bus routes. Convenient location to major employment centers such as Gaylord Resort, Naval Base San Diego, Plaza Blvd retailers and Mile of Cars.
Property Sub Type:
Com-Res Income
Number of Buildings:
1
County Or Parish:
San Diego
Market Area:
South Bay
Total Building Area:
4,896 sq. ft.
Total Floor Area:
4,896 sq. ft.
Total Bedrooms:
7
Bathrooms:
5
Half Bathrooms:
0
Structure Type:
Apartment
Stories:
2 Story
Num Stories:
2
Year Built:
0
Age (in years):
2,026 year(s)
Terms:
Cash, Cash to New Loan
Total Actual Rent:
$13,675
Cap Rate.:
5.0
Gross scheduled income:
164100.0
Projected gross operating income:
172774
Projected net Income:
113321
Projected Gross Multiplier:
11.0
Operating expense:
58731.0
Projected operating expense:
59452
Financial Information Source:
Limited Info
Number of Units:
8
Number of Units in Unit 1:
3
Number of Units in Unit 2:
1
Number of Units in Unit 3:
1
Number of Units in Unit 4:
1
Number of Units in Unit 5:
2
Special Listing Conditions:
N/K
Construction Material:
Frame, Stucco
Lot Size:
0 sq. ft.
Parcel Number:
5571902900
Parking Features:
Spaces
Total Parking Spaces:
9
Heating:
Wall
Floor finish:
Slab
  • Photo 1: Residential Income for sale : 7 bedrooms : 1609 E 10th St. in National City
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  • Photo 6: Residential Income for sale : 7 bedrooms : 1609 E 10th St. in National City
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Listed by Ray Adams Investment Real Estate Inc
Data was last updated March 10, 2026 at 01:10 AM (UTC)
Area Statistics
Listings on market:
52
Avg list price:
$1,727,000
Min list price:
$799,000
Max list price:
$13,200,000
Avg days on market:
42
Min days on market:
1
Max days on market:
726
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.
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