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$ 839,000
Est. payment /mo
Active
523 Highland Ave National City, CA 92136
5,334 SqFt
UPDATED:
09/04/2024 09:18 PM
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 5,334 sqft
Price per Sqft $157
MLS Listing ID CRPTP2304413
HOA Y/N No
Year Built 1961
Property Description
GREAT OPPORTUNITY TO LIVE IN HOME AND RENT OTHER 2 UNITS TO PAY FOR HALF OF MORTGAGE. Prime Multi-Use Investment with Growth Potential: Invest in San Diego's promise with this unique 3-unit property offering diverse revenue streams and untapped income potential. Featuring just under 2000 sq. ft. of space on a 5,000+ sq. ft. lot, the property includes two commercial units, a barbershop and a bike shop along with a 1-bedroom house in the back. A potential additional room with a full bath is available in a converted garage. Key Highlights: Stable Income: 4 long-term tenants with virtually no monthly upkeep. Revenue Growth: Rents haven't been raised in over 5 years, suggesting they're below market value. Location & Parking: Prime location with 15-min street parking, ideal for customer visits to the commercial units. Flexibility: Ideal for both pure investment strategies or a live-work environment. Tax Benefits: Potential tax advantages could further enhance ROI. Don't miss this limited opportunity to invest in a versatile San Diego property with both stable income and significant growth potential.
Location
State CA
County San Diego
Area Listing
Zoning comm
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 5563110400
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Listed by Marty Banks • Coldwell Banker West
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