2241-2247 Prospect
National City
91950
$1,599,000
Residential Income
beds: 12
baths: 5.0
5,046 sq. ft.
built: 0
- Status:
- Active
- Prop. Type:
- Residential Income
- MLS® Num:
- 260023075
- Bedrooms:
- 12
- Bathrooms:
- 5
- Photos (35)
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2241-2247 Prospect Street offers two distinct investment strategies in one asset. A value-add investor can pursue substantial rental upside across the property, while an owner-user can occupy the detached three-bedroom home and benefit from income generated by the four additional units. The physical separation of the detached residence from the income units is a meaningful differentiator for buyers who want the economics of multifamily ownership without living in a conventional apartment setting. The current rent roll is materially below the stated conservative pro forma. Excluding the owner-occupied unit, current collected rent totals approximately $8,300 per month. Stabilized pro forma rent across all five units is approximately $13,550 per month, creating approximately $5,250 per month / $63,000 per year of potential gross rental upside before considering vacancy, collection loss, turnover costs, repairs, capital expenditures or other operating expenses. This property is located in one of the most desirable areas of National City with peek-a-boo views of the Bay.
- Property Sub Type:
- Com-Res Income
- Number of Buildings:
- 4
- County Or Parish:
- San Diego
- Market Area:
- South Bay
- Total Building Area:
- 5,046 sq. ft.
- Total Floor Area:
- 5,046 sq. ft.
- Total Bedrooms:
- 12
- Bathrooms:
- 5
- Full Bathrooms:
- 5
- Half Bathrooms:
- 0
- Num Stories:
- 2
- Year Built:
- 0
- Age (in years):
- 2,026 year(s)
- Total Actual Rent:
- $8,300
- Gross scheduled income:
- 99600.0
- Operating expense:
- 30267.0
- Number of Units:
- 5
- Number of Units in Unit 1:
- 1
- 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:
- 1
- Total Rent for Unit 1:
- $2,300
- Total Rent for Unit 2:
- $1,550
- Total Rent for Unit 3:
- $0
- Total Rent for Unit 4:
- $2,300
- Total Rent for Unit 5:
- $2,150
- Special Listing Conditions:
- N/K
- Lot Size:
- 0 sq. ft.
- Parcel Number:
- 561-420-08-00
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Listed by Coldwell Banker Realty
Data was last updated September 22, 2026 at 01:10 AM (UTC)
Area Statistics
- Listings on market:
- 52
- Avg list price:
- $1,719,444
- Min list price:
- $650,000
- Max list price:
- $18,100,000
- Avg days on market:
- 66
- Min days on market:
- 2
- Max days on market:
- 459
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 © 2026 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 © 2026 San Diego Multiple Listing Service, Inc.