Legal Four-Unit
For Sale
$1,250,000
2774 80 Vista Way, National City, CA 91950
Four legal units are complemented by a separate nonconforming space that currently produces rental income.
Property Size2,098 SF
Days on Market76
Property Features for 2774 80 Vista Way
General Information
Standard status
Active
Size
2,098 SF
Property subtype
Investment
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
4
Building Details
Building Size
2,098 SF
Year Built
1925
Units
4
Listing Agency:
Encore Realty
Listed By:
Christina Rounds · License #01861996
(858) 220-9017
Source:
Elliman
Added: Aug 8
Changed: Oct 11
Last Checked: Oct 20 at 10:16PM
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 Encore Realty
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Investment Insights
Based on property information with market context.
This multifamily property was built in 1925 and is established as a legal four-unit property. A separate nonconforming space currently generates rental income but is excluded from the legal unit count, making verification of permits, zoning, and legal use especially important during due diligence.
The property is located at 2774 80 Vista Way in National City, California, with shopping, schools, public transportation, and freeway access identified in the surrounding area. Additional operating details, including rents, income, expenses, and property measurements, require independent verification.
The property is located at 2774 80 Vista Way in National City, California, with shopping, schools, public transportation, and freeway access identified in the surrounding area. Additional operating details, including rents, income, expenses, and property measurements, require independent verification.
Key Highlights
- Legal four‑unit property
- Additional nonconforming space currently generates rental income and is excluded from the legal unit count
- Built in 1925
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,590
Cap Rate
3.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$751,800
$751.8K
Cap Rate 7%
$537,000
$537.0K
Cap Rate 9%
$417,667
$417.7K
Market Conditions
NOI Build-Up for 2,098 SF
Gross rent
$56.6K $27.00/SF
− Vacancy
−$2.9K −$1.40/SF
EGI
$53.7K $25.60/SF
− OpEx
−$16.1K −$7.68/SF
NOI
$37.6K $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 Rate 5%
$751,800
Cap Rate 7%
$537,000
Cap Rate 9%
$417,667
Alternative Uses
Best Use
Multifamily LT 5
$537.0K
$469.9K – $626.5K
NOI $37,590 @ 7.0% cap · market cap 3.01%
Second Best
Apartment 5plus
$498.0K
$435.7K – $581.0K
NOI $34,859 @ 7.0% cap · market cap 2.79%
Theoretical Best
Office A
$961.2K
$841.1K – $1.12M
NOI $67,286 @ 7.0% cap · market cap 5.38%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
708
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four legal units are complemented by a separate nonconforming space that currently produces rental income.
Where is this quadplex located?
The property is located at 2774 80 Vista Way National City, CA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Legal four‑unit property; Additional nonconforming space currently generates rental income and is excluded from the legal unit count; Built in 1925
