$999,000
1329-1335 Highland Ave National City, CA 91950
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$999,000
Est. payment /mo
6,660 Sqft Lot
Price Dropped by $50K
1329-1335 Highland Ave National City, CA 91950
UPDATED:
10/07/2024 06:47 PM
Key Details
Property Type Multi-Family, Commercial
Sub Type 3 on a Lot,Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 240020560
Lot Size 6,660 Sqft
Acres 0.15
Lot Dimensions 54X125
Property Description
Investment Potential: The property is zoned MCR-2 Multi-Use Commercial-Residential (45 du/ac max) to allow the addition of up to 3 more units on top of the RETAIL building, offering significant expansion opportunities. Unit 1329: Recently remodeled in 2020, this unit is currently generating $2,350 per month. The tenants have been there for 6 months and are on a month-to-month lease. Unit 1333: A long-term tenant has enjoyed this unit for over 17 years. This Section 8 tenant pays approximately $1,700 per month. Commercial Building: The front commercial space has a reliable tenant who has been in place for over 5 years, paying $2,000 per month. He is in month to month and willing to increase the rent Located on one of the busiest streets in San Diego County, this property offers a fantastic mix of residential income and commercial potential. Situated across from Walmart, the residential units are set back from the street, providing a peaceful environment. Don’t miss out on this versatile property with great rental income and future development potential! Verify all information before Close of Escrow (COE).
Location
State CA
County San Diego
Area National City (91950)
Zoning MCR-2
Interior
Heating Wall
Cooling Wall/Window
Flooring Hardwood
Laundry Owned
Exterior
Garage Other/Remarks
Roof Type Composition,Other/Remarks
Total Parking Spaces 3
Building
Story 1
Lot Size Range .25 Acres or less
Others
Acceptable Financing Owner May Carry 1st, Use Existing Lender, Exchange Down, Exchange Up
Space Rent $72,600
Listing Terms Owner May Carry 1st, Use Existing Lender, Exchange Down, Exchange Up
Special Listing Condition Call Agent
Listed by Ramin Karimi • Pemberley Realty Inc.
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