523-29 Highland Avenue
$839,000
—
1,912
1,912
$439
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...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.
- Listed by Marty Banks • DRE #01933744 • Brokerage DRE #01481919 • Coldwell Banker West • homesbymartybanks@gmail.com
Property Details for 523-29 Highland Avenue
Parking Spaces Total
2
Private PoolNo
Total Units3.0
Building TypeAttached
Lot Size SourcePublic Records
Living Area1912
Assessor Parcel Number556-311-04-00
Property Attached YNtrue
LISTING UPDATED: 09/30/2024 07:19 AM
Property Details for 523-29 Highland Avenue
Status | Active |
---|---|
MLS # | PTP2305688 |
Days on Market | 371 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1961 |
Lot Size | 0.12 AC / 5,334 SF |
County | San Diego County |
Building Information for 523-29 Highland Avenue
Stories1Residences-Year Built1961Building Size-Lot Size0.12 AC / 5,334 SF
Property Information for 523-29 Highland Avenue
Property History for 523-29 Highland Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 523-29 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 |
---|---|---|
Rancho de la Nacion 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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