$839,000
523 Highland Ave National City, CA 92136
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Listed by Marty Banks • Coldwell Banker West
$839,000
Est. payment /mo
5,334 SqFt
Active
523 Highland Ave National City, CA 92136
UPDATED:
09/05/2024 04:46 AM
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
Originating Board Datashare California Regional
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
Interior
Fireplace No
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