Residential Income For Sale – – – – Price $999,000 – 240027039
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).

Features
: 1 story
Address Map
US
California
San Diego
National City
91950
Highland Ave
1329-35
W118° 54' 12.7''
N32° 40' 23.6''
Neighborhood
Neighborhood
Additional Information
1
MCR-2
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Ramin
Karimi
Pemberley Realty Inc.
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4,000-7,499 sf
Highland Ave
Borrego springs
National school district
: N/k
National school district
Sweetwater Union High School District
1

Residential Income For Sale

1329-35 Highland Ave, National City, California 91950

6,646 Sqft
$999,000
Listing ID #240027039
Basic Details
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).

Status : Active
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 240027039
Price : $999,000
Year Built : 1954
Lot Sq Ft : 6,646 Sqft
Style : Res income 2-4 units
Unit 1 # Bedrooms : 2
Unit 2 # Bedrooms : 2
Unit 1 # Total Baths : 1
Unit 2 # Total Baths : 1
Unit 3 # Total Baths : 1
Unit 1 # of Full Baths : 1
Unit 2 # of Full Baths : 1
Unit 3 # of Full Baths : 1
Unit 1 Estimated SqFt : 750 Sqft
Unit 2 Estimated SqFt : 700 Sqft
Unit 3 Estimated SqFt : 1,000 Sqft
Agent info
Berkshire Hathaway HomeServices California Properties
6027 Paseo Delicias, Rancho Santa Fe, CA 92067
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