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4-Unit Multifamily Investment Opportunity 1313 E 9th St 4 Unit Apartment Building $1,200,000 ($300,000/Unit) National City, CA 91950



Investment Highlights
- Each unit individually metered for gas and electric
- Short walk to E Plaza Blvd retail corridor, including Walmart, CVS, Smart & Final, and South Bay Plaza
- 7 on site parking spaces on a 10,771 SF lot
- Strong regional connectivity positioned between the I-5, I-805, and SR-54 freeways with access to the San Diego Trolley
Executive Summary
Lee & Associates Multifamily Group - North San Diego County is pleased to present East 9th Street Apartments, a 4-unit multifamily investment opportunity located at 1313-1319 E 9th Street in National City, California. The property consists of four one-bedroom/one-bath units totaling approximately 1,600 square feet and is situated on an approximately 10,771 square foot lot. Built in 1962, the asset offers investors stable in-place income, strong rental demand, and future upside in one of San Diego County's most active multifamily submarkets.
The property benefits from separate gas and electric metering, reducing operating expenses and improving management efficiency. Residents enjoy the convenience of 5+ on-site parking spaces, while ownership currently provides water and trash service. The property's straightforward unit mix, efficient layout, and large land component create an attractive investment opportunity with both operational stability and long-term appreciation potential.
Ideally located in the heart of National City, the property is within walking distance of Plaza Boulevard, offering tenants convenient access to grocery stores, restaurants, coffee shops, banking services, and daily necessities. The asset is strategically positioned near Interstate 5, Interstate 805, State Route 54, Downtown San Diego, Naval Base San Diego, and the National City waterfront, providing excellent connectivity to major employment centers throughout the region.
National City continues to attract investors and residents alike due to its affordability relative to the broader San Diego market, ongoing redevelopment initiatives, and strong workforce housing demand. With approximately 14% projected rental upside, ample parking, utility efficiencies, and a highly desirable South Bay location, East 9th Street Apartments presents a compelling opportunity for investors seeking both current income and future growth potential.
Buyer to verify all property information, including but not limited to square footage, lot size, parking count, utility metering, condominium provisions, title matters, deed restrictions, financial information, market rental assumptions, and all development or ownership-related considerations. Buyer should review all preliminary title reports and conduct independent due diligence.
Property Highlights
• 4-Unit Multifamily Investment Opportunity
• Unit Mix: (4) 1 Bed / 1 Bath Units
• ±1,600 SF Building Area
• ±10,771 SF Lot (Buyer to Verify)
• Built in 1962
• Individually Metered for Gas & Electric
• 5+ On-Site Parking Spaces
• Approximately 14% Rental Upside
• Walking Distance to Plaza Boulevard Retail Corridor
• Convenient Access to I-5, I-805 & SR-54
• Minutes from Downtown San Diego, Naval Base San Diego & National City Waterfront
• Strong South Bay Rental Market Fundamentals
• Condominium Provision and Title Matters to be Reviewed by Buyer
• Offered Exclusively by Lee & Associates Multifamily Group - North San Diego County
Offering Guidelines
All offers will be presented to ownership as received.
Ownership has indicated a preference for a closing on or before December 31, 2026.
Buyers are encouraged to submit their highest and best pricing and terms.
Seller reserves the right to accept, reject, or negotiate any offer at its sole discretion.
Important: Property ownership includes condominium and title-related provisions. Buyer to independently verify lot size, utility metering, title matters, easements, restrictions, and all recorded condominium documents affecting the property. Additional information is available upon request.
For More Information Contact
Eric von Bluecher | D 760.929.7846 | evb@lee-associates.com
Ivan Del Muro-Garcia | D 760.448.2451 | idmg@lee-associates.com
Lee & Associates Multifamily Group - North San Diego County
The property benefits from separate gas and electric metering, reducing operating expenses and improving management efficiency. Residents enjoy the convenience of 5+ on-site parking spaces, while ownership currently provides water and trash service. The property's straightforward unit mix, efficient layout, and large land component create an attractive investment opportunity with both operational stability and long-term appreciation potential.
Ideally located in the heart of National City, the property is within walking distance of Plaza Boulevard, offering tenants convenient access to grocery stores, restaurants, coffee shops, banking services, and daily necessities. The asset is strategically positioned near Interstate 5, Interstate 805, State Route 54, Downtown San Diego, Naval Base San Diego, and the National City waterfront, providing excellent connectivity to major employment centers throughout the region.
National City continues to attract investors and residents alike due to its affordability relative to the broader San Diego market, ongoing redevelopment initiatives, and strong workforce housing demand. With approximately 14% projected rental upside, ample parking, utility efficiencies, and a highly desirable South Bay location, East 9th Street Apartments presents a compelling opportunity for investors seeking both current income and future growth potential.
Buyer to verify all property information, including but not limited to square footage, lot size, parking count, utility metering, condominium provisions, title matters, deed restrictions, financial information, market rental assumptions, and all development or ownership-related considerations. Buyer should review all preliminary title reports and conduct independent due diligence.
Property Highlights
• 4-Unit Multifamily Investment Opportunity
• Unit Mix: (4) 1 Bed / 1 Bath Units
• ±1,600 SF Building Area
• ±10,771 SF Lot (Buyer to Verify)
• Built in 1962
• Individually Metered for Gas & Electric
• 5+ On-Site Parking Spaces
• Approximately 14% Rental Upside
• Walking Distance to Plaza Boulevard Retail Corridor
• Convenient Access to I-5, I-805 & SR-54
• Minutes from Downtown San Diego, Naval Base San Diego & National City Waterfront
• Strong South Bay Rental Market Fundamentals
• Condominium Provision and Title Matters to be Reviewed by Buyer
• Offered Exclusively by Lee & Associates Multifamily Group - North San Diego County
Offering Guidelines
All offers will be presented to ownership as received.
Ownership has indicated a preference for a closing on or before December 31, 2026.
Buyers are encouraged to submit their highest and best pricing and terms.
Seller reserves the right to accept, reject, or negotiate any offer at its sole discretion.
Important: Property ownership includes condominium and title-related provisions. Buyer to independently verify lot size, utility metering, title matters, easements, restrictions, and all recorded condominium documents affecting the property. Additional information is available upon request.
For More Information Contact
Eric von Bluecher | D 760.929.7846 | evb@lee-associates.com
Ivan Del Muro-Garcia | D 760.448.2451 | idmg@lee-associates.com
Lee & Associates Multifamily Group - North San Diego County
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $1,200,000 | Building Class | C |
| Price Per Unit | $300,000 | Lot Size | 0.25 AC |
| Sale Type | Investment | Building Size | 1,600 SF |
| Gross Rent Multiplier | 16.68 | No. Stories | 2 |
| No. Units | 4 | Year Built/Renovated | 1962/2012 |
| Property Type | Multifamily | Parking Ratio | 2.5/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | C - Buyer to verify | ||
| Price | $1,200,000 |
| Price Per Unit | $300,000 |
| Sale Type | Investment |
| Gross Rent Multiplier | 16.68 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 1,600 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1962/2012 |
| Parking Ratio | 2.5/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | C - Buyer to verify |
Amenities
Unit Amenities
- Bay Window
- Patio
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 557-172-10-02 | Improvements Assessment | $369,792 |
| Land Assessment | $295,833 | Total Assessment | $665,625 |
Property Taxes
Parcel Number
557-172-10-02
Land Assessment
$295,833
Improvements Assessment
$369,792
Total Assessment
$665,625
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4-Unit Multifamily Investment Opportunity | 1313 E 9th St
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