
246 E 26th St
Btop 30%National City, CA 91950
Pass at asking: -$3,123/mo full cashflow at 20% down, 7.36% rate.
Works at $366,329 (53% under asking), or at 79% down.
Rent $3,636/mo from 13 leases of 2–4 bed houses within 2 mi ($3,537–$4,092).
Beds
3
Baths
2
Sqft
1,406
Year Built
1957
Days on Market
1
Property Type
Single Family
HOA/mo
N/A
MLS ID
260027053SD
This property is in National City (91950). Browse neighborhood analytics →
About This Property
A super clean, large 3 car pass-through garage with roll-up doors at both ends and a compressor built into the wall. If you work on cars, run a trade or need real shop space, you won't find this setup often in National City. The rest of the home delivers, too. This single-story layout has 3 bedrooms plus a flexible bonus room for an office, gym or guest space. Slate floors run through the living areas, the kitchen has been updated, both bathrooms are remodeled, and central air keeps it comfortable year-round. The 5,110 square foot lot has room to spread out, and 1,406 square feet of living space is easy to furnish and maintain. Olivewood School, parks and everyday shopping are close, and the freeway puts Downtown San Diego, Naval Base San Diego and the bay within minutes.
Mortgage Calculator
Est. Monthly Payment
$5,277
Location
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Zoned Schools
Elementary
Olivewood · 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
$3,636
Comp Average
$3,837

2325 14th Street
3bd / 2ba · 1,514 sqft · Single Family
$749K
Est. $3,872/mo
3140 2nd Street
3bd / 2ba · 1,565 sqft · Single Family
$810K
Est. $4,125/mo
2959 Ridgeway Drive
3bd / 2ba · 1,300 sqft · Single Family
$749K
Est. $3,661/mo
215 R
3bd / 1ba · 1,248 sqft · Single Family
$820K
Est. $3,615/mo
2628 Fenton Pl
3bd / 2.5ba · 1,376 sqft · Single Family
$880K
Est. $3,911/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
13 leases of 2–4 bed houses within 2 mi · $3,537–$4,092
Blended 50/50 with the zip's market median ($3,682)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,123/mo short at 20% down; 79% down or +$4,056/mo rent closes it.
- Break-even price
- $366,329
- Break-even rent
- $7,692/mo
- Cashflow at 35% down
- −$2,321/mo
- Down payment to break even
- 79%
- Rate to break even
- Not reachable
53% under asking
$4,056/mo above the estimate
$612,250 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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