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$839,000

Est. payment - /mo

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5,334 SqFt

Active

Address not disclosed National City, CA 92136

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

09/30/2024 06:26 PM

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 5,334 sqft

Price per Sqft $157

MLS Listing ID PTP2304413

HOA Y/N No

Year Built 1961

Property Description

GREAT OPPORTUNITY 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.

Location

State CA

County San Diego

Area 91950 - National City

Zoning commercial

Interior

Fireplace No

Building

Lot Description 0-1 Unit/Acre

Story 1

Others

Tax ID 5563110400

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Marty Banks • Coldwell Banker West • homesbymartybanks@gmail.com

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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