1329-1335 Highland Ave Active

National City,CA 91950

$ 999000

- Bed

- Bath

- SqFt


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

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

Building

Story 1

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

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