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Listed by Coldwell Banker Realty, John Ronis, Listing Contact: 619-565-5616 
12 Beds
5 Baths
5,046 sqft

$1,599,000

2241-2247 Prospect, National City CA, 91950

Price per sqft$316.88
Property size5,046 sqft
Property typeMulti-family

Overview

Active

Listed Sep 21, 2026

Updated 43 min ago

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.

$10,638/mo

Est. mortgage payment based on a $1,599,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
260023075

Interior Features

Bedrooms
12
Bathrooms
5
Basement
No

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Data last updated 8:19 PM UTC, 9/21/2026

   

 

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