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$1,599,000
2241-2247 Prospect, National City, CA 91950
Coldwell Banker Realty
MLS® 260023075
12Beds
5Baths
5,046Sq Ft
20Days Listed
Listing history
About This Property
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 in one of the most desirable areas of National City with peek-a-boo views of the Bay.
John RonisColdwell Banker Realty619-565-5616MLS® 260023075
Property Location
Map
Property Details
- Property Type
- Com-Res Income
- Bedrooms
- 12
- Bathrooms
- 5
- Building Area
- 5,046 Sqft
- Living Area
- 5,046 sqft
- Year Built
- 0
- Stories
- 2.0
- Status
- Active
- Days on Market
- 20
- Cumulative Days on Market
- 0
- Original Price
- $1,599,000
- MLS® Number
- 260023075
Location & Neighborhood
What's nearby 2241-2247 Prospect, National City, CA 91950
Nearby Schools
- Assigned
- Assigned
- Lincoln Acres0.2 mi
Elementary School • Public • K–6
- Las Palmas0.3 mi
Elementary School • Public • K–6
- Palmer Way0.7 mi
Elementary School • Public • K–6
- National School District Preschool0.7 mi
School • Public
- Paradise Hills Elementary1.0 mi
Elementary School • Public • K–5
Parks & Recreation
- Las Palmas Dog Park0.2 mi
dog_park
- Las Palmas Park0.3 mi
park
- 0.5 mi
Local Amenities
Library
Dining
- Mike's Giant New York Pizza0.5 mi
- L&L Hawaiian Barbeque0.6 mi
POI data updated 9/21/2026
Last updated: Sep 21, 2026
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.