2241-2247 Prospect, National City, CA 91950

National City
Local realty services provided by:ERA North Orange County Real Estate
2241-2247 Prospect,National City, CA 91950
$1,599,000
Virtual Tour
  • 12 Beds
  • 5 Baths
  • 5,046 sq. ft.
  • Multi-family
  • Pending
Listed by: john ronis
Office: coldwell banker realty
MLS#:260023075
Source:San Diego MLS via CRMLS

Price summary

  • Price:$1,599,000
  • Price per sq. ft.:$316.88

About this home

2241-2247 Prospect Street offers two distinct investment strategies in one asset. A value-add investor can pursue substantial rental upside across the property, while an owner-user can occupy the detached three-bedroom home and benefit from income generated by the four additional units. The physical separation of the detached residence from the income units is a meaningful differentiator for buyers who want the economics of multifamily ownership without living in a conventional apartment setting. The current rent roll is materially below the stated conservative pro forma. Excluding the owner-occupied unit, current collected rent totals approximately $8,300 per month. Stabilized pro forma rent across all five units is approximately $13,550 per month, creating approximately $5,250 per month / $63,000 per year of potential gross rental upside before considering vacancy, collection loss, turnover costs, repairs, capital expenditures or other operating expenses. This property is located...

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Home facts

  • Listing ID #:260023075
  • Added:51 day(s) ago
  • Updated:November 12, 2026 at 09:19 AM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:5
  • Full bathrooms:5
  • Living area:5,046 sq. ft.

Structure and exterior

  • Building area:5,046 sq. ft.

Finances and disclosures

  • Price:$1,599,000
  • Price per sq. ft.:$316.88
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