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Sold for $1,200,000
  • $1,200,000

    1214-20 E 18th St, National City, CA 91950

    8beds
    --sqft
    Multi Family
    Built in 1959
    -- sqft lot
    $1,211,400 Zestimate®
    $--/sqft
    $2,242 Estimated rent

    Home value

    $1,211,400

    $1.09M - $1.34M

    $2,242/mo

    Zestimate® history
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    What's special

    Modernizing interiorsFour single-car garagesExtra storage room
    First Time on Market in Over 35 Years – Prime Value-Add Opportunity in National City! Welcome to 1214-20 E 18th Street, a rare investment opportunity in the heart of National City. Hitting the market for the first time in over three decades, this well-located multifamily asset features four spacious 2-bedroom, 1-bathroom units situated on a generous 9,431 square foot lot. In addition to the main residential buildings, the property includes a third detached structure housing four single-car garages and an extra storage room. This additional structure presents a compelling opportunity for increased revenue—whether through renting the garages separately or converting the space into Accessory Dwelling Units (ADUs), subject to city approval. All units are currently tenant-occupied with month-to-month leases, offering maximum flexibility for repositioning. Rents are approximately 50% below market, providing immediate upside potential through renovation and rent increases. Investors will appreciate the ability to add value by modernizing interiors and capturing significant cash flow growth. Don't miss this exceptional chance to acquire a well-located asset with strong fundamentals, significant rental upside, and multiple value-add pathways.

    Zillow last checked:

    Listing updated:

    Listed by:

    Josh Browar DRE #01824454 858-414-4398,

    The Browar Group

    Bought with:

    Raquel Flores, DRE #01459455

    eXp Realty of California Inc

    Source: SDMLS,MLS#: 250024408MLS LogoOriginating MLS: SDMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Cooling
    • N/K
    Interior area
    • Total structure area: 2,800

    Property

    Features
    • Levels: 1 Story
    • Fencing: Partial
    Details
    • Parcel number: 5612103300

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Stucco
    • Roof: Composition
    Condition
    • Year built: 1959

    Community & HOA

    Community
    • Security: Other/Remarks
    • Subdivision: NATIONAL CITY
    Location
    • Region: National City

    Financial & listing details

    • Tax assessed value: $117,759
    • Annual tax amount: $3,406
    • Date on market: 4/14/2025
    • Listing terms: Cash,Conventional,Exchange,FHA,VA,Other/Remarks
    • Tenant pays: Cable TV, Electricity, Gas/Propane, Other/Remarks

    Price history

    DateEventPrice
    5/15/2025Sold$1,200,000-7.3%
    Source: SDMLS #250024408 Report a problem
    4/29/2025Pending sale$1,295,000
    Source: SDMLS #250024408 Report a problem
    4/14/2025Listed for sale$1,295,000
    Source: SDMLS #250024408 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,406 +3.6%$117,759 +2%
    2024$3,289 +0.7%$115,451 +2%
    2023$3,266 +0.2%$113,188 +2%
    2022$3,259 +7.3%$110,969 +2%
    2021$3,037 +7.4%$108,794 +1%
    2020$2,828 +136.8%$107,680 +2%
    2019$1,194 -52.9%$105,570 +2%
    2018$2,534 +5.8%$103,501 +2%
    2017$2,395 +1.5%$101,473 +2%
    2016$2,360 +0.6%$99,484 +1.5%
    2015$2,346 +2.2%$97,991 +2%
    2014$2,296 $96,073 +0.5%
    2013-- $95,640 +2%
    2012-- $93,766 +2%
    2011-- $91,929 +0.8%
    2010-- $91,243 -0.2%
    2009-- $91,461 +2%
    2008-- $89,669 +2%
    2007-- $87,912 +2%
    2006-- $86,189 +2%
    2005-- $84,500 +2%
    2004-- $82,845 +1.9%
    2003-- $81,328 +2%
    2002-- $79,735 +2%
    2001-- $78,173
    Find assessor info on the county website

    Neighborhood: Olivewood

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,211,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,211,400