523 29 Highland National City, CA 92136
Listing Courtesy of: CRMLS / Coldwell Banker West / Marty Banks - Contact:  homesbymartybanks@gmail.com

  523 29 Highland National City, CA 92136

Active (402 Days)
$749,000

Description

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.

MLS #:
PTP2305688
Lot Size
5,334 SQFT
Type
Multifamily
Year Built
1961
County
San Diego County

Listed By

Marty Banks, DRE #01933744 CA, Coldwell Banker West, Contact: homesbymartybanks@gmail.com
Source
CRMLS
Last checked Dec 22 2024 at 6:22 PM GMT+0000
Bathroom Details
Interior Features
  • Laundry: See Remarks
Additional Information: West | homesbymartybanks@gmail.com
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Dec 12, 2024
Price Changed
$749,000
-11%
-90,000
Sep 04, 2024
Price Changed
$839,000
-1%
-10,000
Jul 14, 2024
Price Changed
$849,000
-3%
-29,000
Apr 24, 2024
Price Changed
$878,000
0%
-1,000
Nov 16, 2023
Original Price
$879,000
-
-
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.