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Turn-Key Duplex - Lincoln Acres 2605 Fenton Pl 2 Unit Apartment Building $1,223,939 CAD ($611,970 CAD/Unit) 4% Cap Rate National City, CA 91950
Investment Highlights
- Great Location in Lincoln Acres (National City)
- Tenant Amenities: Large Private Yards, Off-Street Parking, Onsite Laundry Room
- Renovated Units w/ High Rental Income
- Strong Unit Mix: Two (2) 2Bedroom/1Bathroom Units
- Large 6,995sf Lot (ADU Potential)
- Nearby I-805 and CA-54, and Just a Short Walk to Lincoln Acres School
Executive Summary
** Turn-Key Duplex in National City** Located in the Lincoln Acres community of National City, and situated on a large 6,995sf lot, the Fenton St Duplex uniquely offers both strong cash flow and opportunity. The property consists of two (2) 2Bedroom / 1Bathroom units each with their own large private yards and off-street parking space. Tenants enjoy a convenient location nearby I-805 and CA-54, and just a short walk to Lincoln Acres School. This asset is perfect for an investor looking for a renovated property with high rents, a buyer looking to utilize the large lot for ADU potential, or an owner occupant.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,223,939 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $611,970 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Cap Rate | 4% | Building Size | 1,197 SF |
| Gross Rent Multiplier | 15.38 | Average Occupancy | 100% |
| No. Units | 2 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1943 |
| Property Subtype | Apartment | Parking Ratio | 1.67/1,000 SF |
| Zoning | RS-2 | ||
| Price | $1,223,939 CAD |
| Price Per Unit | $611,970 CAD |
| Sale Type | Investment |
| Cap Rate | 4% |
| Gross Rent Multiplier | 15.38 |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 1,197 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1943 |
| Parking Ratio | 1.67/1,000 SF |
| Zoning | RS-2 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | $3,282 CAD | 600 |
1 1
Property Taxes
| Parcel Number | 564-010-10 | Improvements Assessment | $332,983 CAD |
| Land Assessment | $651,169 CAD | Total Assessment | $984,153 CAD |
Property Taxes
Parcel Number
564-010-10
Land Assessment
$651,169 CAD
Improvements Assessment
$332,983 CAD
Total Assessment
$984,153 CAD
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Turn-Key Duplex - Lincoln Acres | 2605 Fenton Pl
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