29 Highland Ave
National City, California 92136, United States

MLS#: 371908305

$749,000 USD

Minimum sellable space
496m² (5,334ft²)
The details

Property features

Date Updated: Dec 19, 2024

Construction details

Year built
1961

Area

Property size
496m² (5,334ft²)

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

29 Highland Ave, National City, California 92136, United States
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Courtesy of Marty Banks Coldwell Banker West

Listing Contact: homesbymartybanks@gmail.com