3008 Shelby Dr National City, CA 91950

This National City, California duplex presents a compelling investment opportunity. Located at 3008 Shelby Dr, 91950, this 1945-built, 1-story, 1,425 square foot apartment building offers two 2BR/1BA units, each with a private yard. The rear unit boasts a recently completed renovation, including a modernized kitchen and bathroom, in-unit laundry, upgraded flooring, can lighting, and designer finishes. This unit also features access to a spacious backyard with a pergola and deck, offering panoramic views. The front unit features a sizable fenced yard, presenting potential for rental income growth. Recent upgrades include a new roof, electrical upgrades, fresh paint, and drought-tolerant landscaping. Both units are separately metered for water and electricity. The property sits on a large lot, potentially allowing for an Accessory Dwelling Unit (ADU). Off-street parking is available. The property's strong financial performance is highlighted by a 4.57% cap rate, 100% occupancy, and a net operating income (NOI) of $41,112. The asking price is $899,000, with a price per unit of $449,500 and a price per square foot of $630.88. This property offers significant upside potential in rental income. The property's APN is 563-184-05-00.