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519 Highland Ave

National City, CA 91950
  • $899,000
  • STATUS: ACTIVE
  • ON SITE: 31 Days
  • ID#: 240011480
$899,000
  • 5
    BEDS
  • 0.12
    ACRES
  • 2
    BATHS
  • 2
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Attention Investors, owner-users or developers! Rare opportunity to own two residential and two commercial units in the heart of National City's busiest commercial corridor. Huge upside potential and great street frontage in an opportunity zone. This value add opportunity is located on a large lot with flexible Mixed-Use Zoning. Tear it down and build up to 11 residential units and a restaurant, or keep existing structures. Residential units - 1 - 2Bed/1Bath house, and 1 - Studio. Commercial units - 2 street frontage spaces, including a successful hair salon. Be a part of South Bay's booming growth and thriving community, while taking advantage of opportunity zones before they expire. 90 walk score!

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/150828724
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519 Highland Ave National City, CA 91950

  • Price: $899,000
  • Status: ACTIVE
  • On Site: 31 Days
  • ID#: 240011480
5
Beds
2
Baths
2
½ Baths
0.12
Acres
Neighborhood:
National City (91950)
County:
San Diego
Area:
National City (91950)
Property Description
Attention Investors, owner-users or developers! Rare opportunity to own two residential and two commercial units in the heart of National City's busiest commercial corridor. Huge upside potential and great street frontage in an opportunity zone. This value add opportunity is located on a large lot with flexible Mixed-Use Zoning. Tear it down and build up to 11 residential units and a restaurant, or keep existing structures. Residential units - 1 - 2Bed/1Bath house, and 1 - Studio. Commercial units - 2 street frontage spaces, including a successful hair salon. Be a part of South Bay's booming growth and thriving community, while taking advantage of opportunity zones before they expire. 90 walk score!
Interior Features

Sq Ft Of Improvement 1955 Unit Furnished1 No Unit Furnished2 No Unit Furnished3 No Unit Furnished4 No

Property Features

Actual Gross Scheduled Income 58800.0 Actual Operating Expense 16400 Assumable Finance 0 Buildings 2 Complex Features None Gross Equity 0 Gross Multiplier 12.29 Have All Mandatory Remarks None Known Market Area South Bay Monthly Rent Total 4900 Motive Want Exchange Short Sale No Unit Number1 519 Unit Number2 5195 Unit Number3 521 Unit Number4 5215 Unit Rent Total1 0 Unit Rent Total2 2600 Unit Rent Total3 1200 Unit Rent Total4 1100 Unit Rent1 0 Unit Rent2 $2600 Unit Rent3 $1200 Unit Rent4 $1100 Zoning MXC - 1

San Diego MLS logo Listing provided courtesy of Stephanie Martinez Guajardo of Coldwell Banker Realty: 858-254-4544. Listing information © 2024 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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