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Residential Income for sale : 6 bedrooms : 2245 S Lanoitan Ave in National City

2245 S Lanoitan Ave National City

Main Photo: Residential Income for sale : 6 bedrooms : 2245 S Lanoitan Ave in National City
$998,000
Prop. Type:
Residential Income
MLS® Num:
250044635
Status:
Active
Bedrooms:
6
Bathrooms:
3
Year Built:
1976
Two detached homes on a 12,569 SF lot with strong income and future potential. The front home (3BR/2BA, built 1976) includes an attached two-car garage and a renovated 2025 kitchen with quartz counters, new cabinets, appliances, fresh paint, new flooring, and an extended driveway. Other improvements include carpet (2023), water heater (2024), roof (2018), and fumigation/paint (2017). The back home (3BR/1BA) features a detached garage, large yard, and updates such as newer windows, appliances, laminate flooring, electrical panel, water heater, wall heater, and a 2009 roof. Separate gas/electric meters; shared water/trash. Long-term tenants generate $5,120/mo. The large lot may offer opportunities for additional structures or an ADU (buyer to verify). Close to parks, schools, Plaza Bonita, Market on 8th, Downtown, Coronado, and the airport.
Property Sub Type:
Res Income 2-4 Units
Number of Buildings:
1
County Or Parish:
San Diego
Market Area:
South Bay
Neighborhood Code:
National City
Name of Complex/Subdivision:
NATIONAL CITY
Building Name:
National City
Total Building Area:
Switch units of measure2,125 sq. ft.
Total Floor Area:
Switch units of measure0 sq. ft.
Total Bedrooms:
6
Bathrooms:
3
Full Bathrooms:
3
Half Bathrooms:
0
Stories:
1 Story
Total Stories:
1
Year Built:
1976
Age (in years):
Switch units of measure49 year(s)
Short Sale:
false
Mello Roos Fee:
$0
Other Fees:
$0
Monthly Total Fees:
$0
Terms:
Cash, Conventional, FHA, VA
Cap Rate.:
3.8
Gross scheduled income:
61440.0
Other income actual:
0
Operating expense:
21926.0
Projected Cap Rate.:
5.0
Number of Units:
2
Number of Units with Cooling:
0
Tenant pays:
Water
Unit Number for Unit 1:
2243
Unit Number for Unit 2:
2245
Projected Rent for Unit 1:
$3,295
Projected Rent for Unit 2:
$2,795
Take I-5 to the 24th Street exit, go east on 24th, then turn right on Lanoitan and continue to 2243
Special Listing Conditions:
N/K
Age Restrictions:
N/K
Construction Material:
Stucco
Lot Size:
Switch units of measure12,632 sq. ft.
Parcel Number:
558-310-50-00
Cooling:
N/K
Roof:
Composition
Security:
N/K
Pets Allowed:
Allowed w/Restrictions
Fencing:
N/K
Listed by Starker West, Inc.
Data was last updated December 17, 2025 at 07:10 AM (UTC)
Gerri-Lynn Fives
Pacific Sotheby's Intl Realty
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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego Multiple Listing Service, Inc.

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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego Multiple Listing Service, Inc.