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
MLS #
SD250024408
MLS Source
San Diego MLS
Cooling
Other
Roof
Composition
# Buildings | # Leased Units | # Total Units |
---|---|---|
3 | – | 4 |
Unit # | Sq Ft | Beds | Baths | Rent |
---|---|---|---|---|
1 | 700 | 2 | 1/0 | $2,500 |
2 | 700 | 2 | 1/0 | $1,295 |
3 | 700 | 2 | 1/0 | $1,345 |
4 | 700 | 2 | 1/0 | $1,405 |
1214-20 E 18th is a Residential Income in National City, CA 91950. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,200,000 and was built in 1959.
This address can also be written as 1214-20 E 18th, National City, CA 91950.©2025 San Diego MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from San Diego MLS.
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This listing information is up-to-date as of May 15, 2025. For the most current information, please contact Josh Browar, (858) 414-4398