1329 35 Highland Ave

National City, CA 91950

  • 0 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 6646
    Sqft(Lot)
$999,000

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). property overview: charming property on highland ave in national city, featuring two 2-bed, 1-bath cottages with private yards and a commercial building with a successful appliance repair business. this unique offering combines residential comfort with commercial potential, providing steady rental income and future development opportunities. residential units: unit 1329: remodeled in 2020, earning $2,350/month. current tenants are on a month-to-month lease. unit 1333: long-term section 8 tenant, paying $1,700/month for over 17 years, ensuring stable rental income. commercial building: current use: occupied by a thriving appliance repair business, generating $2,000/month. potential: located in a high-traffic area with visibility and accessibility. development opportunities: zoning: allows for up to 3 additional residential units, making a total of 6 units possible. this zoning flexibility offers significant growth potential. location: highland ave: high visibility, across from walmart. residential units are set back for a quiet living environment despite the busy area. accessibility: easy access to highways and amenities. investment potential: income stream: diverse with stable residential and commercial leases. future growth: potential for added residential units increases rental income and investment value. important notes: tenant privacy: do not contact tenants directly; inquiries and showings via the listing agent only. verification: information is reliable but not guaranteed; buyers should verify all details. condition: buyers should conduct inspections. contact information: for more details, to schedule a viewing, or to make an offer, contact the listing agent. this property offers a rare blend of residential comfort, commercial income, and growth potential. don’t miss this exceptional opportunity!

  • Property Type

    Residential Income

  • County

    San Diego

  • Style

    Residential Income

  • AD ID

    46826822

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Property Details

  • Bathroom Information

    • Total Baths: 0

    Interior Features

    • Roof : Composition
    • Property Appliances: Gas Water Heater

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Heating Source

    • Natural Gas
    • Has Heating

  • Building Information

    • Year Built: 1954
    • Roof: Composition

    Fencing

    • Partial

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1526
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 6646

  • Listing Price Information

    • Original List Price: 999,000
    • Listing Contract Date: 2024-09-04

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 5610131800

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Cable TV,Electricity,Gas,Grounds Care,Sewer,Trash Collection,Water

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 91950 - National City
    • Directions: Enter 1329-1335 Highland Ave, National City, CA into your GPS for precise directions CrossStreet: Highland and 13th
    • Zoning: MCR-2
    • Source Property Type: Residential Income
    • Area: 91950 - National City

    Building and Construction

    • Property Age: 70
    • Year Built Source: Vendor Enhanced
    • Levels or Stories: One
    • Building Total Stories: 1
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BuyOwner last updated this listing 11/17/2024 @ 01:34

  • MLS: 240020950SD
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 0 sqft, 6,646 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of National City , in zip code 91950, this San Diego County Home are nearby neighborhoods.