Updated Corner-Lot
New
For Sale
$1,349,000
2547 A Ave, National City, CA 91950
Residential Income, National City, CA
Property Size2,400 SF
Lot Size0.18 Acres
Price / SF$562.08
Days on Market1
Property Features for 2547 A Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-4:MULTIP
Bedrooms
7
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 5, Bathroom 3, Bathroom 1, Bedroom 4, Bedroom 1, Bedroom 7, Bathroom 4, Bathroom 2, Bedroom 6, Bedroom 2, Bedroom 3
Exterior features
Corner Lot
Subdivision
NATIONAL CITY
Standard status
Active
APN
562-032-14-00
Size
2,400 SF
Lot size
0.18 Acres
Utilities
Heating system
Forced Air
Cooling system
Wall/Window Unit(s), Central Air
Amenities
washer/dryer hookups
shared laundry area
Building Details
Year built
1970
Floors in Building
2
Number of units
3
Roof type
Composition
Listing Agency:
eXp Realty of California, Inc.
(888) 584-9427
Listed By:
Justin C Brennan · License #01866398
(619) 823-2120
Added: Sep 1
Last Checked: Sep 1 at 4:06PM
MLS# 260021354
Copyright © 2026 San Diego MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,400-square-foot triplex, built in 1970, includes a primary residence with three bedrooms and two bathrooms plus two separate one-bedroom, one-bathroom units. All three residences have received extensive updates, including kitchen cabinetry and appliances, electrical panels and wiring, windows, flooring, carpeting, doors, lighting, interior and exterior paint, stucco, fencing, and composition roof shingles. Forced-air heating and a combination of central air and wall/window units serve the property.
Each residence includes washer and dryer hookups, while a shared laundry area is available for potential ADU units. The property occupies 0.1752 acres at 2547 A Ave in National City and is identified as a corner lot. California ADU provisions may allow up to two additional units, subject to buyer verification and approval by the appropriate local agencies.
Each residence includes washer and dryer hookups, while a shared laundry area is available for potential ADU units. The property occupies 0.1752 acres at 2547 A Ave in National City and is identified as a corner lot. California ADU provisions may allow up to two additional units, subject to buyer verification and approval by the appropriate local agencies.
Key Highlights
- Three‑unit configuration with a 3‑bedroom, 2‑bathroom main residence and two 1‑bedroom, 1‑bathroom units
- 2,400 square feet on a 0.1752‑acre lot
- Extensive updates include kitchens, electrical, windows, flooring, paint, stucco, fencing, and roof shingles
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
$43,001
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
3.19%
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%
$860,020
$860.0K
Cap Rate 7%
$614,300
$614.3K
Cap Rate 9%
$477,789
$477.8K
Market Conditions
NOI Build-Up for 2,400 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
$64.8K $27.00/SF
− Vacancy
−$3.4K −$1.40/SF
EGI
$61.4K $25.60/SF
− OpEx
−$18.4K −$7.68/SF
NOI
$43.0K $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%
$860,020
Cap Rate 7%
$614,300
Cap Rate 9%
$477,789
Alternative Uses
Best Use
Multifamily LT 5
$614.3K
$537.5K – $716.7K
NOI $43,001 @ 7.0% cap · market cap 3.19%
Second Best
Apartment 5plus
$569.7K
$498.5K – $664.6K
NOI $39,877 @ 7.0% cap · market cap 2.96%
Theoretical Best
Office A
$1.10M
$962.2K – $1.28M
NOI $76,972 @ 7.0% cap · market cap 5.71%
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 residences with refreshed interiors, laundry hookups, and R-4:MULTIP zoning in National City.
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 $1,349,000.
What are key features of this property?
This property features: Three‑unit configuration with a 3‑bedroom, 2‑bathroom main residence and two 1‑bedroom, 1‑bathroom units; 2,400 square feet on a 0.1752‑acre lot; Extensive updates include kitchens, electrical, windows, flooring, paint, stucco, fencing, and roof shingles
