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1345 I Ave
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1345 I Ave

Ctop 80%

National City, CA 91950

$785,000
STR limited · National City: capped, owner nearby · TOT 10%

Pass at asking: -$3,554/mo full cashflow at 20% down, 7.43% rate.

Works at $322,217 (59% under asking), or at 86% down.

Rent $3,214/mo from 18 leases of 1–3 bed houses within 2 mi ($3,219–$3,710).

Beds

2

Baths

1

Sqft

1,150

Year Built

1939

Days on Market

96

Property Type

Single Family

HOA/mo

N/A

MLS ID

260019178SD

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

About This Property

Timeless Tudor charm meets exceptional opportunity at 1345 I Ave. Thoughtfully updated with newly installed windows, fresh exterior stucco, and a beautifully renovated bathroom, this character-filled home sits on an oversized lot featuring a detached 2-car garage and a rare permitted third structure currently used as a sunroom. Whether you envision an ADU, home office, studio, or guest space, this property truly offers potential that's hard to find.

Mortgage Calculator

Est. Monthly Payment

$5,375

Principal & Interest$4,361
Property Tax$785
Insurance$229
%($157,000)
%
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.

Comparable Properties

5 comps found

This Property

$3,214

vs

Comp Average

$3,361

1418 17th Street

1418 17th Street

2bd / 1ba · 990 sqft · Single Family

$700K

Est. $3,290/mo

2959 Ridgeway Drive

2959 Ridgeway Drive

3bd / 2ba · 1,300 sqft · Single Family

$749K

Est. $3,612/mo

215 R

215 R

3bd / 1ba · 1,248 sqft · Single Family

$820K

Est. $3,615/mo

1340 8th Street

1340 8th Street

2bd / 1ba · 1,072 sqft · Single Family

$725K

Est. $2,955/mo

705 Harbison Avenue

705 Harbison Avenue

2bd / 2ba · 1,200 sqft · Single Family

$885K

Est. $3,331/mo

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

29C
Est. Monthly Rent
$3,214

18 leases of 1–3 bed houses within 2 mi · $3,219–$3,710

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$2,161
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,554

What would make this work?

$3,554/mo short at 20% down; 86% down or +$4,616/mo rent closes it.

Break-even price

59% under asking

$322,217
Break-even rent

$4,616/mo above the estimate

$7,830/mo
Cashflow at 35% down
−$2,737/mo
Down payment to break even

$675,100 cash

86%
Rate to break even

Negative even at a 0% loan

Not reachable
Mortgage (P+I)
$4,361
Cap Rate
1.48%
Cash-on-Cash
-27.17%
DSCR

Need ≥ 1.25 for DSCR loan

0.60
NOI (Annual)
$11,608
Price-to-Rent

Lower = better for investors

20.4

* 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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CCashflow−$3,554/mo