Legal Four-Unit
2774 80 Vista Way, National City, CA 91950
For Sale
$1,250,000
Four legal units are complemented by a separate nonconforming space that currently produces rental income.
Property Size2,098 SF
Days on Market96
Property Features for 2774 80 Vista Way
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Public Transit
Additional Details
Multifamily Units
Building Details
Building Size
Year Built
Units
Listing Agency:
Encore Realty
Listed By:
Christina Rounds · License CA #01861996
(858) 220-9017
Source:
Elliman
Added: Aug 8
Changed: Oct 27
Last Checked: Nov 10 at 7:36AM
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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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
$580,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Quadplexes in San Diego County, CA
Properties on Market for Quadplexes in San Diego County
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
