523 Highland Ave, National City, CA 92136

  • $878,000
  • $165
523 Highland Ave, National City, CA 92136
For Sale
523 Highland Ave, National City, CA 92136
  • $878,000
  • $165

Overview

Property ID: 29528249
  • Commercial Sale
  • Property Type
  • 1961
  • Year Built

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.

  • Address 523 Highland Ave
  • City National City
  • State/county CA
  • Zip/Postal Code 92136
  • Area 91950 - National City
  • Country United States

Details

Updated on April 27, 2024 at 9:10 am
  • Property ID: 29528249
  • Price: $878,000
  • Year Built: 1961
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Total Area: 5334.00
  • MLS#: PTP2304413
  • Office Name: COLDWELL BANKER WEST
  • Co-Office Name: Coldwell Banker West
  • Agent Name: Marty Banks
  • Co-Agent Name: Brian Jabro
  • Agent State License: 01933744
  • Co-Agent State License: 02020056
  • IDX Contact Info: homesbymartybanks@gmail.com
  • MLS Status: Active
  • Total Area Prefix: Sqft

Additional details

  • County: San Diego
  • Property SubType: Business
  • Parking: 0.00

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