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1329-35 Highland Ave
National City, CA 91950

$999,990 USD

Storefront Retail Residential For Sale  •  2,463 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 2,463 SF
  • Lot Size 0.15 AC
  • Building Class C
  • Year Built 1954
  • Cap Rate 7.25 %
  • Tenancy Multiple
  • Zoning MCR-2
53 Transit Score
87 Walk Score

Highlights

nvestment 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
Located on one of the busiest streets in San Diego County, this property offers a fantastic mix of residential income and commercial potential.

Financial Summary (Actual)

Net Operating Income: $64,252 USD (2023)
Cap Rate: 7.25 %
Total Expenses: $7,748 USD

Amenities

  • 24 Hour Access
  • Bus Line
  • Wheelchair Accessible
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
San Diego (Santa Fe Depot) (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze)) 10 min - 6.4 mi
Old Town Transit Center (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze)) 12 min - 9.6 mi
AirportDriveWalkDistance
San Diego International 13 min - 9.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: Surface
Included in Rent: Yes
Ramin Karimi 858-205-4646 Pemberley Realty, Inc
Ramin Karimi 858-205-4646 Pemberley Realty, Inc