1426 E 16th Street presents a rare opportunity to acquire a 5 unit multifamily property in National City with strong value add potential and future development upside. The property consists of five 1 bedroom 1 bathroom units situated on a large 10,075 square foot RS 2 zoned lot. A new owner will have the ability to begin improvements on multiple units in the near term, allowing for an accelerated repositioning strategy and increased rental income. Current rents in the occupied income producing units are below market, creating a clear path to upside through interior renovations. The large lot and zoning may also provide future expansion or development potential, offering multiple strategies for a new owner to explore. Conveniently located near Interstate 5, Downtown San Diego, and major retail corridors, the property benefits from strong rental demand and continued growth in the surrounding area.
Data was last updated April 12, 2026 at 07:10 AM (UTC)
Area Statistics
Listings on market:
56
Avg list price:
$1,688,888
Min list price:
$759,000
Max list price:
$13,200,000
Avg days on market:
39
Min days on market:
0
Max days on market:
760
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.