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Listed by Marty Banks • Coldwell Banker West
$ 749,000
Est. payment /mo
Price Dropped by $90K
523 Highland National City, CA 92136
1,912 SqFt
UPDATED:
12/12/2024 10:08 PM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,912 sqft
Price per Sqft $391
MLS Listing ID 8P-2305688
Year Built 1961
Lot Size 5,334 Sqft
Property Description
GREAT OPPORTUNITY IN SAN DIEGO 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
Zoning commercial, retail stores
Interior
Laundry See Remarks
Exterior
Parking Features Gated
Garage Spaces 2.0
Pool None
Community Features Curbs
View Y/N No
Building
Lot Description 0-1 Unit/Acre
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944