523 Highland Ave 29
National City, CA 92136

$879,000

Status Active
Listing Commercial
Style Other
Year Built 1961
MLS® PTP2304413
Original Listing Open Link
Commercial For Sale

Property Features
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.
Key Features
House Size 5334 Sq. Ft.
Property Type Commercial
Year Built 1961
Style Other
Interior Features
Total Sq. Ft. 5334 Sq. Ft.
Exterior Features
Roof Unknown
The Neighborhood
County San Diego

Disclaimer: Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Marty Banks
Listing Agent
Marty Banks
Coldwell Banker West
Direct: 619-737-2126
Broker: 619-737-2126
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By proceeding, you consent to receive calls, texts and voicemails at the number you provided (may be recorded and may be autodialed or use prerecorded and artificial voice), and email, from TREB.com and real estate professionals and their network of service providers about your inquiry and other home-related matters. Msg/data rates may apply. This consent applies even if you are on a do not call list and is not a condition of any purchase.
Marty Banks
Listing Agent
Marty Banks
Coldwell Banker West
Direct: 619-737-2126
Broker: 619-737-2126
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Information deemed reliable but not guaranteed. All measurements are approximate. MLS® numbers are provided where available. NewPoint Media Group, LLC is not affiliated or associated with The Canadian Real Estate Association or any other owner of the MLS® word or design mark in any geographic area.