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 | 3 |
| 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.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.
Homes for Sale near National City
Neighborhoods
Cities
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Pemberley Realty Inc., Ramin Karimi, DRE #02076734
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by SDMLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 SDMLS®, Inc.