523 29 Highland Active Save Request In-Person Tour Request Virtual Tour
National City,CA 92136
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID PTP2305688
Year Built 1961
Lot Size 5,336 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
Area 91950 - National City
Zoning commercial, retail stores
Interior
Laundry See Remarks
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs
View Y/N No
Building
Lot Description 0-1 Unit/Acre
Story 1
Others
Acceptable Financing Cash,Conventional,1031 Exchange,FHA
Listing Terms Cash,Conventional,1031 Exchange,FHA
Special Listing Condition Standard