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Sold for $1,175,000
  • $1,175,000

    331-37 E 1st St, National City, CA 91950

    6beds
    --sqft
    Multi Family
    Built in 1952
    -- sqft lot
    $1,174,100 Zestimate®
    $--/sqft
    $2,690 Estimated rent

    Home value

    $1,174,100

    $1.07M - $1.28M

    $2,690/mo

    Zestimate® history
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    What's special

    Situated in the heart of National City—a dynamic, centrally located community known for its rich cultural heritage—this property offers strong tenant appeal. National City provides convenient access to key amenities, including popular shopping centers, diverse dining options, parks, and cultural landmarks, making it an attractive destination for both professionals and families. Its proximity to major transportation hubs, Downtown San Diego, the Port of San Diego, and key employment centers enhances its desirability, offering tenants short commutes and plentiful recreational opportunities. While the property has not been recently renovated, its classic charm presents a valuable opportunity for investors seeking to add value through updates. The current condition offers flexibility for customization, making it ideal for buyers looking to modernize units or reposition the property to meet the growing demand for upgraded rentals in this evolving and highly accessible area. Additionally, the property includes two garages that present potential for an ADU conversion, adding further value and rental income opportunities. Furthermore, the existing shed on the property could be marketed as a conveyed asset, offering potential income if rented out for storage. ***Adjacent Property is also listed*** and can be sold together for 12-units.

    Zillow last checked:

    Listing updated:

    Listed by:

    Aaron Bove DRE #01318320 858-945-7094,

    Marcus & Millichap

    Bought with:

    Aiden Rhee, DRE #01856488

    Kim Real Estate

    Source: SDMLS,MLS#: 250016926MLS LogoOriginating MLS: SDMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 4
    Cooling
    • Other/Remarks
    Interior area
    • Total structure area: 2,400

    Property

    Features
    • Levels: 2 Story
    • Fencing: Partial
    Lot
    • Size: 6,107 Square Feet
    Details
    • Parcel number: 5560105000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood/Stucco
    • Roof: Tile/Clay
    Condition
    • Year built: 1952

    Community & HOA

    Community
    • Security: N/K
    • Subdivision: NATIONAL CITY
    Location
    • Region: National City

    Financial & listing details

    • Tax assessed value: $576,518
    • Annual tax amount: $8,792
    • Date on market: 1/21/2025
    • Listing terms: Cash,Conventional,Exchange,FHA,VA
    • Tenant pays: Other/Remarks

    Price history

    DateEventPrice
    4/4/2025Sold$1,175,000
    Source: SDMLS #250016926 Report a problem
    3/12/2025Pending sale$1,175,000
    Source: SDMLS #250016926 Report a problem
    2/22/2025Listed for sale$1,175,000
    Source: SDMLS #250016926 Report a problem
    2/11/2025Pending sale$1,175,000
    Source: SDMLS #250016926 Report a problem
    1/22/2025Listed for sale$1,175,000+161.1%
    Source: SDMLS #250016926 Report a problem
    6/10/2011Sold$450,000+12.5%
    Source: Public Record Report a problem
    7/23/2007Sold$400,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,792 +4%$576,518 +2%
    2024$8,458 +1.2%$565,214 +2%
    2023$8,355 +0.3%$554,132 +2%
    2022$8,331 +5.4%$543,268 +2%
    2021$7,907 +5.6%$532,616 +1%
    2020$7,488 +28.1%$527,156 +2%
    2019$5,846 -17.8%$516,820 +2%
    2018$7,111 +3.1%$506,688 +2%
    2017$6,897 +2.3%$496,754 +2%
    2016$6,743 +1%$487,014 +1.5%
    2015$6,677 +3.9%$479,700 +2%
    2014$6,424 $470,304 +0.5%
    2013-- $468,180 +2%
    2012-- $459,000 +11.9%
    2011-- $410,096 +0.8%
    2010-- $407,032 -0.2%
    2009-- $408,000 +2%
    2008-- $400,000 +355%
    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: Northside

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,174,100
    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
    $1,174,100