Updated Triplex with
For Sale
Contact for pricing
2547 A Ave, National City, CA 91950
Three-unit property with renovated interiors, included appliances, and laundry hookups serving each residence.
Property Size2,300 SF
Price / SF$586.96
Days on Market190
Property Features for 2547 A Ave
General Information
Standard status
Active
Size
2,300 SF
Property subtype
Multifamily
Zoning
R-4:MULTIP
Units
Unit Mix
1 x 3BR/2BA, 2 x 1BR/1BA
Multifamily Units
3
Amenities
washer/dryer hookups
common laundry
Building Details
Year Built
1970
Buildings
2
Units
3
Listing Agency:
eXp Realty of California, Inc.
(619) 823-2120
Listed By:
Justin Brennan · License #01866398
Source:
Crexi
Added: Feb 22
Changed: Aug 31
Last Checked: Aug 30 at 11:46PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty of California, Inc.
Investment Insights
Based on property information with market context.
This 2,300-square-foot triplex contains a three-bedroom, two-bath house and two additional one-bedroom, one-bath ADUs. The units have updated kitchen cabinetry with appliances included, along with newer windows, flooring, carpet, doors, lighting, paint, stucco, fencing, roof shingles, electrical panels, and wiring. Each residence includes washer and dryer hookups, with a common laundry arrangement serving the ADUs.
Built in 1970, the property is located at 2547 A Ave in National City and carries R-4:MULTIP zoning. The source information indicates that two additional ADUs may be allowed under California ADU laws, subject to applicable requirements.
Built in 1970, the property is located at 2547 A Ave in National City and carries R-4:MULTIP zoning. The source information indicates that two additional ADUs may be allowed under California ADU laws, subject to applicable requirements.
Key Highlights
- Three‑unit configuration: one 3BD/2BA house plus two 1BD/1BA ADUs
- 2,300 SF property built in 1970
- R‑4:MULTIP zoning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$41,210
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.05%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$824,200
$824.2K
Cap Rate 7%
$588,714
$588.7K
Cap Rate 9%
$457,889
$457.9K
Market Conditions
NOI Build-Up for 2,300 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$62.1K $27.00/SF
− Vacancy
−$3.2K −$1.40/SF
EGI
$58.9K $25.60/SF
− OpEx
−$17.7K −$7.68/SF
NOI
$41.2K $17.92/SF
Area
San Diego County, CA
Vacancy
5.20%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$824,200
Cap Rate 7%
$588,714
Cap Rate 9%
$457,889
Alternative Uses
Best Use
Multifamily LT 5
$588.7K
$515.1K – $686.8K
NOI $41,210 @ 7.0% cap · market cap 3.05%
Second Best
Apartment 5plus
$545.9K
$477.7K – $636.9K
NOI $38,216 @ 7.0% cap · market cap 2.83%
Theoretical Best
Office A
$1.05M
$922.1K – $1.23M
NOI $73,765 @ 7.0% cap · market cap 5.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,372
Businesses Nearby
Explore this area
Business Placement
Demographics for 91950, CA
57,849
Population
19,049
Households
3
Avg Household Size
36
Median Age
16%
College-Educated
76%
High-School Grad
7.3 sq mi
ZIP Area
7,925
Density / Sq Mi
$63,858
Median Household Income
$34,013
Median Earnings
$1,600
Median Rent
$580,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit property with renovated interiors, included appliances, and laundry hookups serving each residence.
Where is this triplex located?
The property is located at 2547 A Ave National City, CA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Three‑unit configuration: one 3BD/2BA house plus two 1BD/1BA ADUs; 2,300 SF property built in 1970; R‑4:MULTIP zoning
