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523 29 Highland

National City, CA 92136

About this property

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.

About this property

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.

Features and Additional Information

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$749,000 Active
1,912 SqFt

Presented By Desert Lifestyle Properties

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Get in touch today! Phone: 1-760-818-7518
Brokerage
Coldwell Banker West 619-303-3399
1-619-303-3399
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Area Information

91950 National City | San Diego County |

$ 749,000
This listing is play_arrow 0.0% lower than the average in the area
$ 749,000 in the area
1,912 SqFt
This listing is play_arrow 64.2% smaller than the average in the area
5,334 SqFt in the area
$ 392 $/SqFt
This listing is play_arrow 179.0% more than the average in the area
$ 140 $/SqFt in the area
458 days on site
This listing is play_arrow 12.9% below the average in the area
526 days on site in the area

Schools in the Area

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    Elementary School
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Listed By Marty Banks
Brokerage: Coldwell Banker West 619-303-3399

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