1213 Ave #H29
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1213 Ave #H29

Btop 30%

National City, CA 91950

$475,000
STR limited · National City: capped, owner nearby · TOT 10%

An HOA may ban rentals of 30 days or less (Civ. Code §4741): check the CC&Rs.

Pass at asking: -$2,027/mo full cashflow at 20% down, 7.43% rate.

Works at $211,023 (56% under asking), or at 82% down.

Rent $2,560/mo from 10 leases of 1–3 bed condos & townhomes within 0.5 mi ($2,351–$2,716).

Beds

2

Baths

1

Sqft

924

Year Built

1980

Days on Market

53

Property Type

Townhouse

HOA/mo

$350

MLS ID

260022886SD

This property is in National City (91950). Browse neighborhood analytics →

Virtual Tour

About This Property

Prime location and truly move in ready first floor corner unit! One of the most affordable remodeled 2 bedroom townhomes in the area. Welcome to 1213 E Ave H29 - a bright and inviting corner unit that offers comfort, privacy, and an abundance of charm. The home features a beautiful kitchen with stainless steel appliances and gas cooking, a cozy fireplace, central AC and heat, and an in home washer and dryer. Step outside to your own private yard, and enjoy two parking spaces including a garage spot. Located in a private community with a pool and low HOA, this home offers an easy and comfortable lifestyle in a convenient location. Just blocks from expansive Kimball Park and close to shopping, schools, and freeway access. A remodeled home with great features, a private setting, and an affordable price point. Come see it for yourself!

Mortgage Calculator

Est. Monthly Payment

$3,602

Principal & Interest$2,639
Property Tax$475
Insurance$139
HOA$350
%($95,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    John A. Otis Elementary · grades K-6 · National Elementary

  • Middle

    National City Middle · grades 7-8 · Sweetwater Union High

  • High

    Sweetwater High · grades 9-12 · Sweetwater Union High

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

48B
Est. Monthly Rent
$2,560

10 leases of 1–3 bed condos & townhomes within 0.5 mi · $2,351–$2,716

Blended 50/50 with the zip's market median ($2,559)

Monthly Cashflow

Rent − PITIA

-$1,043
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,027

What would make this work?

$2,027/mo short at 20% down; 82% down or +$2,633/mo rent closes it.

Break-even price

56% under asking

$211,023
Break-even rent

$2,633/mo above the estimate

$5,193/mo
Cashflow at 35% down
−$1,533/mo
Down payment to break even

$389,500 cash

82%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$2,639
Cap Rate
1.87%
Cash-on-Cash
-25.61%
DSCR

Need ≥ 1.25 for DSCR loan

0.71

NOI (Annual)
$8,872
Price-to-Rent

Lower = better for investors

15.5

* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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BCashflow−$2,027/mo