1329-35 Highland Ave, Property Listing: MLS® #240027039

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).

1329-35 Highland Ave, Property Listing: MLS® #240027039 Close
Page Summary
NEW
  • MLS® #: 240027039
  • 1329-35 Highland Ave
  • , CA 91950
  • $999,000
  • 3 Bath, 0.15 Acres
  • Office: Pemberley Realty Inc.

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).

Supplemental Remarks

Essential Information

  • MLS® #240027039
  • Listing Price$999,000
  • Original Listing Price$999,000
  • Date ListedNovember 18th, 2024
  • Days on Market1
  • Bathrooms3.00
  • Acres0.15
  • Lot Sq.Ft.6,646
  • Year Built1954
  • TypeResidential Income
  • StatusACTIVE

Dues

  • HOA Dues$0

Community Information

  • Address1329-35 Highland Ave
  • AreaNATIONAL CITY (91950)
  • Complexn/a
  • SubdivisionHighland Ave
  • CountySan Diego
  • StateCA
  • Zip Code91950

Amenities

  • AmenitiesBBQ

View

City, Evening Lights, Other/Remarks

Interior

  • HeatingWall/Gravity
  • CoolingWall/Window
  • # of Stories1

Exterior

  • ExteriorStucco
  • Lot DescriptionCurbs
  • RoofComposition
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Listing information last updated on November 28th, 2024 at 2:38am PST.