305 F
1 / 20

National City, CA 91950

$1,099,000

Pass at asking: -$4,333/mo full cashflow at 20% down, 7.43% rate.

Works at $534,860 (51% under asking), or at 77% down.

Rent $5,335/mo from 8 leases of houses within 1 mi, size-adjusted ($5,412–$6,207).

Beds

6

Baths

2

Sqft

3,222

Year Built

1912

Days on Market

126

Property Type

Single Family

HOA/mo

N/A

MLS ID

IV26148074

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

Virtual Tour

About This Property

Where history meets modern living, welcome to the historic Mitchell-Webster House at 305 F Avenue. A remarkable residence whose construction began in 1898 and was completed in the early 1900s, this thoughtfully restored Historic Registered Home offers the rare opportunity to own a true piece of National City history.Recognized on National City's Identified Historic Sites list, this timeless residence features 6 bedrooms, 2 bathrooms, and 3,222 square feet of living space, gracefully situated on a 7,077 square foot corner lot that makes a lasting impression from every angle.Inside, you'll discover preserved architectural details that celebrate the home's rich heritage, including original maple hardwood floors, stunning stained glass, rich woodwork, exposed beams, handcrafted built-ins, and countless details that reflect the exceptional craftsmanship of the era. Every update has been completed with great care to preserve the home's historic integrity while providing the comfort and reliability today's buyers expect.Extensive improvements include all-new plumbing, electrical, and gas lines, a beautifully remodeled kitchen, tastefully renovated bathrooms, and fresh interior paint throughout, seamlessly blending timeless character with modern functionality.Having been cared for by only a handful of owners throughout its more than century-long history, this extraordinary home offers a legacy that is rarely available. The property may also qualify for Mills Act benefits, presenting the potential for valuable property tax savings for owners committed to preserving its historic significance.Ideally located just minutes from downtown San Diego, the waterfront, shopping, dining, and major commuter routes, 305 F Avenue is more than a home—it's an opportunity to become the next steward of one of National City's historic treasures.

Mortgage Calculator

Est. Monthly Payment

$7,525

Principal & Interest$6,105
Property Tax$1,099
Insurance$321
%($219,800)
%
Loan Term

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.

Investment Score

30C
Est. Monthly Rent
$5,335

8 leases of houses within 1 mi, size-adjusted · $5,412–$6,207

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$2,190
Full Cashflow

Incl. vacancy, PM, maint, capex

-$4,333

What would make this work?

$4,333/mo short at 20% down; 77% down or +$5,628/mo rent closes it.

Break-even price

51% under asking

$534,860
Break-even rent

$5,628/mo above the estimate

$10,963/mo
Cashflow at 35% down
−$3,189/mo
Down payment to break even

$846,230 cash

77%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$6,105
Cap Rate
2.23%
Cash-on-Cash
-23.66%
DSCR

Need ≥ 1.25 for DSCR loan

0.71

NOI (Annual)
$24,466
Price-to-Rent

Lower = better for investors

17.2

* 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−$4,333/mo