
19 Balsam
Btop 30%National City, CA 91950
Pass at asking: -$2,328/mo full cashflow at 20% down, 7.36% rate.
Works at $280,270 (52% under asking), or at 78% down.
Rent $2,782/mo from 8 leases of 2-bed houses within 2 mi ($2,240–$2,993).
Beds
2
Baths
1
Sqft
859
Year Built
1930
Days on Market
142
Property Type
Single Family
HOA/mo
N/A
MLS ID
SW26136807
This property is in National City (91950). Browse neighborhood analytics →
About This Property
Back on market at no fault to seller. Step into timeless charm at 19 Balsam Drive, a delightful Spanish-style bungalow nestled in the heart of National City. Built in 1930, this character-filled residence showcases the warmth and architectural appeal that make Spanish homes so beloved, blending vintage charm with everyday comfort.This home has 2 bedrooms, 1 bathroom, and 859 square feet of living space, the home features an inviting layout filled with natural light and classic details that reflect its historic character. Situated on a 2,682-square-foot lot, the property has a private outdoor space perfect for relaxing, gardening, or enjoying Southern California's year-round sunshine. Ideally located just minutes from Naval Base San Diego, this home presents an excellent opportunity for military personnel, first-time buyers, or investors seeking a property in a convenient and desirable location. Enjoy easy access to shopping, dining, schools, parks, and major transportation routes, all while residing in a neighborhood rich with history and community appeal. Whether you're drawn to its authentic Spanish architecture, cozy living spaces, or unbeatable location, 19 Balsam Drive is a rare opportunity to own a piece of National City's enduring charm.
Mortgage Calculator
Est. Monthly Payment
$3,983
Location
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Zoned Schools
Elementary
Central 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 foundThis Property
$2,782
Comp Average
$3,034

2125 B Avenue
2bd / 1ba · 948 sqft · Single Family
$599K
Est. $3,108/mo
527 K Ave.
3bd / 2ba · 1,028 sqft · Single Family
$649K
Est. $3,424/mo
130 7th Street
2bd / 1ba · 783 sqft · Single Family
$565K
Est. $2,800/mo
1418 17th Street
2bd / 1ba · 990 sqft · Single Family
$700K
Est. $3,184/mo
140 Palm Ave
2bd / 1ba · 796 sqft · Single Family
$699K
Est. $2,655/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
8 leases of 2-bed houses within 2 mi · $2,240–$2,993
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,328/mo short at 20% down; 78% down or +$3,024/mo rent closes it.
- Break-even price
- $280,270
- Break-even rent
- $5,806/mo
- Cashflow at 35% down
- −$1,723/mo
- Down payment to break even
- 78%
- Rate to break even
- Not reachable
52% under asking
$3,024/mo above the estimate
$456,222 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.36% 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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