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Residential Income for sale : 7 bedrooms : 1609 E 10th St. in National City

1609 E 10th St. National City

Main Photo: Residential Income for sale : 7 bedrooms : 1609 E 10th St. in National Citybanner
$1,975,000
Prop. Type:
Residential Income
MLS® Num:
260005473
Status:
Active
Bedrooms:
7
Bathrooms:
5
Stable performing 8 unit rental property with desirable unit mix and strong in-place income. 4 1/1 and 4 2/1 units. Well maintained with new windows, new electrical upgrades and upgraded interiors. 5% cap rate on in-place rents with potential to increase the income. Located within walking distance of shopping, dining and bus routes. Convenient location to major employment centers such as Gaylord Resort, Naval Base San Diego, Plaza Blvd retailers and Mile of Cars.
Property Sub Type:
Com-Res Income
Number of Buildings:
1
County Or Parish:
San Diego
Market Area:
South Bay
Total Building Area:
Switch units of measure4,896 sq. ft.
Total Floor Area:
Switch units of measure4,896 sq. ft.
Total Bedrooms:
7
Bathrooms:
5
Half Bathrooms:
0
Structure Type:
Apartment
Stories:
2 Story
Num Stories:
2
Year Built:
0
Age (in years):
Switch units of measure2,026 year(s)
Terms:
Cash, Cash to New Loan
Total Actual Rent:
$13,675
Cap Rate.:
5.0
Gross scheduled income:
164100.0
Projected gross operating income:
172774
Projected net Income:
113321
Projected Gross Multiplier:
11.0
Operating expense:
58731.0
Projected operating expense:
59452
Financial Information Source:
Limited Info
Number of Units:
8
Number of Units in Unit 1:
3
Number of Units in Unit 2:
1
Number of Units in Unit 3:
1
Number of Units in Unit 4:
1
Number of Units in Unit 5:
2
Special Listing Conditions:
N/K
Construction Material:
Frame, Stucco
Lot Size:
Switch units of measure0 sq. ft.
Parcel Number:
5571902900
Parking Features:
Spaces
Total Parking Spaces:
9
Heating:
Wall
Floor finish:
Slab
Listed by Ray Adams Investment Real Estate Inc
Data was last updated March 9, 2026 at 09:10 PM (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 © 2026 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 © 2026 San Diego Multiple Listing Service, Inc.