1329-35 Highland Avenue
National City, CA 91950
$999,000
Price
4
Beds
3
Baths
2,450 Sq. Ft.
$408 / Sq. Ft.
2,450
Sq. Ft.
$408
per Sq. Ft.
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...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!
- Listed by Ramin Karimi • DRE #02076734 • Brokerage DRE #01841517 • Pemberley Realty Inc.
Property Details for 1329-35 Highland Avenue
Area
91950 - National City
NeighborhoodHighland Ave
View DescriptionCity, Evening Lights, Other/Remarks
City Postal IDNATIONAL CITY (91950)
Cross Street(s)Highland and 13th
LISTING UPDATED: 11/19/2024 08:41 AM
Property Details for 1329-35 Highland Avenue
| Status | Active |
|---|---|
| MLS # | 240027039 |
| Days on Market | 43 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1954 |
| Lot Size | 0.15 AC / 6,534 SF |
| County | San Diego County |
Building Information for 1329-35 Highland Avenue
Stories1Residences-Year Built1954Building Size-Lot Size0.15 AC / 6,534 SF
Property Information for 1329-35 Highland Avenue
Summary Information
Property and Location
- System ID: 240027039
- Class: 2-4 UNITS
- Levels: 1 Story
- Year Built: 1954
- Street Number Numeric: 1329
- Street Name: Highland Ave
- Complex Features: BBQ
- Age Restrictions: N/K
- Market Area: South Bay
- Jurisdiction: Incorporated
- Directions To Property: Enter 1329-1335 Highland Ave, National City, CA into your GPS for precise directions
- Elementary School: National School District
- Middle School: National School District
- High School: Sweetwater Union High School District
- Middle School URL: http://nsd.us/
- High School URL: http://www.suhsd.k12.ca.us/
Parking
- Parking for RV: Potential Space
HOA and Fees
- Home Owners Fee Includes: Limited Insurance, Water
- Monthly Total Fees: $0
- CFD/Mello-Roos Fee: $0
- Other Fees: $0
- Other Fee Type: N/K
Virtual Tour
- Virtual Tour Link: https://www.propertypanorama.com/instaview/snd/240020950
Supplement
- Supplement: 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!
Interior and Exterior Features
Interior Features
- Num of Units w/Dishwashers: 2
- Num of Units w/Cooling: 3
- Cooling: Wall/Window Unit(s)
- Heat Equipment: Wall/Gravity
- Water Heater Type: Gas
- Heat Source: Natural Gas
Exterior Features
- Exterior: Stucco
- Roof: Composition
- Fencing: Partial
- Security: N/K
Property Information
Property and Assessments
- Total Stories: 1
- Pets: Yes
- Entry Only: No
- Lot Size: 4,000-7,499 SF
- Lot Size Source: Assessor Record
- Frontage: Open Space, Other/Remarks
- Frontage Dimensions in Ft: 54
- Additional Property Use: Res/Business Use OK, With Structures
- Topography: Slope Gentle
- Site: Curbs
- Zoning: MCR-2
- Complex/Park: n/a
- Land Use Code: MCR2
- Assessors Parcel Num: 561-013-18-00
Utilities
- Water District: SWEETWATER AUTHORITY
- Water District URL: www.sweetwater.org
- Sewer/Septic: Sewer Connected
Multi Family Information
Unit 1
- Unit Num for Unit 1: 1329
- Parking Non-Garage Unit 1: Assigned, Uncovered
- Unit 1 Num of Bedrooms: 2
- Unit 1 Num of Total Baths: 1
- Unit 1 Deposit: $2,350
- Unit 1 Estimated SqFt: 750
- Unit 1 Exclusive Use Yard: Yes
- Unit 1 Laundry Hook Ups: Yes
- Unit 1 Occupied: Tenant
- Unit 1 Prkng Garage Space: 0
- Unit 1 Projected Rent: $2,550
- Unit 1 Rent Actual: $2,350
Unit 2
- Unit Num for Unit 2: 1335
- Parking Non-Garage Unit 2: Assigned, Uncovered
- Unit 2 Num of Bedrooms: 2
- Unit 2 Num of Total Baths: 1
- Unit 2 Deposit: $700
- Unit 2 Estimated SqFt: 700
- Unit 2 Exclusive Use Yard: Yes
- Unit 2 Laundry Hook Ups: Yes
- Unit 2 Occupied: Tenant
- Unit 2 Prkng Garage Space: 0
- Unit 2 Projected Rent: $2,550
- Unit 2 Rent Actual: $1,700
Unit 3
- Unit Num for Unit 3: 1335
- Parking Non-Garage Unit 3: Assigned, Uncovered
- Unit 3 Num of Bedrooms: 0
- Unit 3 Num of Total Baths: 1
- Unit 3 Deposit: $1,650
- Unit 3 Estimated SqFt: 1,000
- Unit 3 Exclusive Use Yard: Yes
- Unit 3 Laundry Hook Ups: No
- Unit 3 Occupied: Tenant
- Unit 3 Prkng Garage Space: 0
- Unit 3 Projected Rent: $2,650
- Unit 3 Rent Actual: $2,000
Unit 4
- Unit 4 Num of Total Baths: 0
Building Details
- Heating: Natural Gas
Property History for 1329-35 Highland Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 1329-35 Highland Avenue
This home is within National Elementary School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | K to 8 |
Rating | School | Distance |
|---|---|---|
John A. Otis Elementary School PublicK to 6 | ||
National City Middle School Public7 to 8 | ||
Sweetwater High School Public9 to 12 | ||
Integrity Charter School CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Pemberley Realty Inc., Ramin Karimi, DRE #02076734
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