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1313 E 9th St
National City, CA 91950
4-Unit Multifamily Investment Opportunity · Multifamily Property For Sale
·
4 Units
Investment Highlights
- Each unit individually metered for gas and electric
- Short walk to E Plaza Blvd retail corridor, including Walmart, CVS, Smart & Final, and South Bay Plaza
- 7 on site parking spaces on a 10,771 SF lot
- Strong regional connectivity positioned between the I-5, I-805, and SR-54 freeways with access to the San Diego Trolley
Executive Summary
Lee & Associates Multifamily Group - North San Diego County is pleased to present East 9th Street Apartments, a 4-unit multifamily investment opportunity located at 1313-1319 E 9th Street in National City, California. The property consists of four one-bedroom/one-bath units totaling approximately 1,600 square feet and is situated on an approximately 10,771 square foot lot. Built in 1962, the asset offers investors stable in-place income, strong rental demand, and future upside in one of San Diego County's most active multifamily submarkets.
The property benefits from separate gas and electric metering, reducing operating expenses and improving management efficiency. Residents enjoy the convenience of 5+ on-site parking spaces, while ownership currently provides water and trash service. The property's straightforward unit mix, efficient layout, and large land component create an attractive investment opportunity with both operational stability and long-term appreciation potential.
Ideally located in the heart of National City, the property is within walking distance of Plaza Boulevard, offering tenants convenient access to grocery stores, restaurants, coffee shops, banking services, and daily necessities. The asset is strategically positioned near Interstate 5, Interstate 805, State Route 54, Downtown San Diego, Naval Base San Diego, and the National City waterfront, providing excellent connectivity to major employment centers throughout the region.
National City continues to attract investors and residents alike due to its affordability relative to the broader San Diego market, ongoing redevelopment initiatives, and strong workforce housing demand. With approximately 14% projected rental upside, ample parking, utility efficiencies, and a highly desirable South Bay location, East 9th Street Apartments presents a compelling opportunity for investors seeking both current income and future growth potential.
Buyer to verify all property information, including but not limited to square footage, lot size, parking count, utility metering, condominium provisions, title matters, deed restrictions, financial information, market rental assumptions, and all development or ownership-related considerations. Buyer should review all preliminary title reports and conduct independent due diligence.
Property Highlights
• 4-Unit Multifamily Investment Opportunity
• Unit Mix: (4) 1 Bed / 1 Bath Units
• ±1,600 SF Building Area
• ±10,771 SF Lot (Buyer to Verify)
• Built in 1962
• Individually Metered for Gas & Electric
• 5+ On-Site Parking Spaces
• Approximately 14% Rental Upside
• Walking Distance to Plaza Boulevard Retail Corridor
• Convenient Access to I-5, I-805 & SR-54
• Minutes from Downtown San Diego, Naval Base San Diego & National City Waterfront
• Strong South Bay Rental Market Fundamentals
• Condominium Provision and Title Matters to be Reviewed by Buyer
• Offered Exclusively by Lee & Associates Multifamily Group - North San Diego County
For More Information Contact
Eric von Bluecher | D 760.929.7846 | evb@lee-associates.com
Ivan Del Muro-Garcia | D 760.448.2451 | idmg@lee-associates.com
Lee & Associates Multifamily Group - North San Diego County
The property benefits from separate gas and electric metering, reducing operating expenses and improving management efficiency. Residents enjoy the convenience of 5+ on-site parking spaces, while ownership currently provides water and trash service. The property's straightforward unit mix, efficient layout, and large land component create an attractive investment opportunity with both operational stability and long-term appreciation potential.
Ideally located in the heart of National City, the property is within walking distance of Plaza Boulevard, offering tenants convenient access to grocery stores, restaurants, coffee shops, banking services, and daily necessities. The asset is strategically positioned near Interstate 5, Interstate 805, State Route 54, Downtown San Diego, Naval Base San Diego, and the National City waterfront, providing excellent connectivity to major employment centers throughout the region.
National City continues to attract investors and residents alike due to its affordability relative to the broader San Diego market, ongoing redevelopment initiatives, and strong workforce housing demand. With approximately 14% projected rental upside, ample parking, utility efficiencies, and a highly desirable South Bay location, East 9th Street Apartments presents a compelling opportunity for investors seeking both current income and future growth potential.
Buyer to verify all property information, including but not limited to square footage, lot size, parking count, utility metering, condominium provisions, title matters, deed restrictions, financial information, market rental assumptions, and all development or ownership-related considerations. Buyer should review all preliminary title reports and conduct independent due diligence.
Property Highlights
• 4-Unit Multifamily Investment Opportunity
• Unit Mix: (4) 1 Bed / 1 Bath Units
• ±1,600 SF Building Area
• ±10,771 SF Lot (Buyer to Verify)
• Built in 1962
• Individually Metered for Gas & Electric
• 5+ On-Site Parking Spaces
• Approximately 14% Rental Upside
• Walking Distance to Plaza Boulevard Retail Corridor
• Convenient Access to I-5, I-805 & SR-54
• Minutes from Downtown San Diego, Naval Base San Diego & National City Waterfront
• Strong South Bay Rental Market Fundamentals
• Condominium Provision and Title Matters to be Reviewed by Buyer
• Offered Exclusively by Lee & Associates Multifamily Group - North San Diego County
For More Information Contact
Eric von Bluecher | D 760.929.7846 | evb@lee-associates.com
Ivan Del Muro-Garcia | D 760.448.2451 | idmg@lee-associates.com
Lee & Associates Multifamily Group - North San Diego County
Property Facts
| Price Per Unit | $454,912 CAD | Apartment Style | Garden |
| Sale Type | Investment | Lot Size | 0.25 AC |
| Cap Rate | 3.42% | Building Size | 1,600 SF |
| Gross Rent Multiplier | 16.68 | No. Stories | 2 |
| No. Units | 4 | Year Built/Renovated | 1962/2012 |
| Property Type | Multifamily | Parking Ratio | 2.5/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | C - Buyer to verify | ||
| Price Per Unit | $454,912 CAD |
| Sale Type | Investment |
| Cap Rate | 3.42% |
| Gross Rent Multiplier | 16.68 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Lot Size | 0.25 AC |
| Building Size | 1,600 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1962/2012 |
| Parking Ratio | 2.5/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | C - Buyer to verify |
Amenities
Unit Amenities
- Bay Window
- Patio
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
Property Taxes
| Parcel Number | 557-172-10-02 | Improvements Assessment | $517,609 CAD |
| Land Assessment | $414,086 CAD | Total Assessment | $931,695 CAD |
Property Taxes
Parcel Number
557-172-10-02
Land Assessment
$414,086 CAD
Improvements Assessment
$517,609 CAD
Total Assessment
$931,695 CAD
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