3096 National Avenue San Diego, CA $ 2,600,000
3096 National Avenue
$ 2,600,000
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3096 National Avenue

San Diego, CA, 92113
$ 2,600,000
Baths0.0 Sq 4,241

Monthly Estimate*

$ 18,162

Listed by eXp Realty of California, Inc
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Studio

Commercial Property for sale in San Diego, CA

for $2,600,000. This 4,241 square foot building was built in 1930.

Introducing a premier investment opportunity at 3096 National Avenue, nestled in the heart of San Diego's Logan Heights neighborhood. This location isn't just a property; it's a gateway to endless potential in one of the city's most up-and-coming areas. Currently fully tenanted, this 17,568-square-foot development property offers positive cash flow, backed by a solid 4.17% CAP rate. With leases securing steady income, envision the immediate returns as you plot its future transformation. Situated strategically within a corridor of growth and opportunity, 3096 National Avenue benefits from its CC-3-6 Multi-Use and Opportunity Zone designation. The locale is situated for development, lying just a stone's throw from the thriving San Diego Naval Base, an 8-minute drive to the thriving Port of San Diego, and within easy reach of schools, public transit, and new shopping experiences. Why invest here? Logan Heights is on the brink of a renaissance, with 3096 National Avenue at its center. The area's expansion, fueled by its proximity to vital economic drivers, offers an investor the perfect canvas for a visionary mixed-use development combining retail excellence with residential luxury. Imagine a development where the ground floor buzzes with retail activity, while above, residential units offer breathtaking bay and city skyline views. This property comes with a concept for a mixed-use marvel, envisioning ten units per floor that promise not just a place to live or work, but a community to thrive in. 3096 National Avenue represents more than an investment; it's a cornerstone for future success in San Diego's real estate landscape. We invite you to seize this unparalleled opportunity, imagine the possibilities, and then make them a reality. Your future at Logan Heights begins today.

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Commercial Active

Price

$ 2,600,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 12,800

Style

Retail

Year Built

1930

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

NDP2402228

Days on Market

43

Features
General
Utilities ElectricityConnected
Zoning CC-3-6
HOA 0.0
Year Built 1930
Topography Level
Property SubType Retail
County San Diego
Net Operating Income 108500.0
Operating Expense 23500.0
Insurance Expense 0.0
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions Use Google
City San Diego
View Y/N N
Senior Community Y/N N
Total Units 3
MLS Area 92113 - Logan Heights
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 3
Street Name National
Listing Terms Cash Conventional
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 12800.0
Home Warranty Y/N N
Trash Expense 0.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour http://media.openhouse360.com/3096nationalavenue/?mls
Days on Market 17
Standard Status Active
Property Sub Type Additional Retail
Cap Rate 4.17
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Exterior
Lot Features CornerLot
Water Source Public
Total Parking 0.0
Lot Size Area 17568.0
Number of Buildings 4
Spa N
Building Area Total 4241.0
Lot Dimensions 124 x 140
Lot Size Source PublicRecords
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
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Avenue
Entry Level 1
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 3096
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* Excluded Features
List By
Exp Realty Of California, Inc

Broker

(858) 877-0484

Phone

Affordability Calculator

$19,228
Per Month
94%
6%
0%
Monthly Principal & Interest
$18,162
Monthly Property Taxes
$1,067
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/17/2024$2,600,000 Listed Price

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3096 National Avenue, San Diego, CA, 92113 is a Commercial Property for sale at $2,600,000 with 4,241 sqft. 3096 National Avenue is a studio with 0.0 baths and was built in 1930. The property's zip code is 92113 which is in San Diego, CA