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523 29 Highland National City, CA $ 878,000
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$ 878,000 Get more info
523 29 Highland
$ 878,000
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Share Save

523 29 Highland

National City, CA, 92136
$ 878,000
Baths0.0 Sq 1,912

Monthly Estimate*

$ 5,835

Listed by Coldwell Banker West
523 29 Highland, National City, CA 92136 - Image 1
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Studio

Multi-Family Home for sale in National City, CA

for $878,000. This 1,912 square foot home was built in 1961 on a lot size of 0.1225.

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.

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Multi-Family Active

Price

$ 878,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1225

Year Built

1961

Town/City

National City

County/Region

San Diego

MLS | Web ID

PTP2305688

Days on Market

194
Features
General
Zoning commercial retail stores
HOA 0.0
Garage Spaces 2.0
Pool Features None
Year Built 1961
Gross Income 56000.0
Community Features Curbs
County San Diego
Net Operating Income 0.0
Operating Expense 0.0
Insurance Expense 900.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions GPS
City National City
Entry Location front
View Y/N N
Senior Community Y/N N
Total Units 3
MLS Area 91950 - National City
Lot Size Square Feet 5334.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 3
Street Name Highland
Listing Terms Cash Conventional Item1031Exchange FHA
Property Attached Y/N Y
Land Lease Y/N N
Home Warranty Y/N N
Trash Expense 20.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://tours.previewfirst.com/ml/138606 https://tours.previewfirst.com/pw/138606
Days on Market 160
Building Area Units SquareFeet
Standard Status Active
Tax Lot 556-311-04-00
Total Actual Rent 5700.0
Taxes 320.0
Cap Rate 6.7
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Exterior
Lot Features Item01UnitAcre
Total Parking 2.0
Lot Size Area 5334.0
Number of Buildings 3
Spa N
Building Area Total 1912.0
Lot Size Acres 0.1225
Lot Size Units SquareFeet
Lot Size Source PublicRecords
Number of Separate Water Meters 3
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Common Walls NoOneAbove
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Laundry Features SeeRemarks
Entry Level 1
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 523
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* Excluded Features
List By
Coldwell Banker West

Broker

(619) 929-6558

Phone

Affordability Calculator

$5,835
Per Month
100%
0%
0%
Monthly Principal & Interest
$5,835
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/24/2024$878,000 -0.11% Price Down
11/17/2023$879,000 Listed Price

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523 29 Highland, National City, CA, 92136 is a Multi-Family Home for sale at $878,000 with 1,912 sqft and a lot size of 0.1225. 523 29 Highland is a studio with 0.0 baths and was built in 1961. The property's zip code is 92136 which is in National City, CA

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