523 29 Highland
National City, CA 92136
$40,000.00 (-4.55%)
Active for $839,000
Beds: N/A Baths: Structure Size: N/A sqft Lot Size: 5,334 sqft
| MLS | PTP2305688 |
| Year Built | 1961 |
| Property Type | |
| County | San Diego |
| Status | Active |
| Active | $839,000 |
| Structure Size | N/A sqft |
| Lot Size | 5,334 sqft |
| Beds | N/A |
| Baths |
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.
Listing information courtesy of: Marty Banks, Coldwell Banker West . *Based on information from the Association of REALTORS/Multiple Listing as of 11/10/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Colin Quinn
REALTOR®
Direct: 818.564.7893
Email: Email Me
DRE: 01405399
DRE #01873088
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