1329-35 Highland Ave, National City, California, United States

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Home For Sale

$1,095,000

1329-35 Highland Ave
National City, California, United States

4bd 3ba

Listed By: Realtyww Info

Listed On: 09/13/2024

Listing ID: GL11196985 View More Details

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. Dont miss out on this versatile property with great rental income and future development potential! Verify all information before Close of Escrow (COE).

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Listed by: Ramin Karimi