For Sale
$839,000

523 Highland Ave San Diego, CA 92136

Prime Multi-Use Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional National City, CA property offers a unique blend of commercial and residential space, spanning 5,334 square feet on a large lot. The property includes two established commercial units – a barbershop and a bike shop – currently leased to long-term tenants, providing immediate and stable income. A one-bedroom house situated at the rear of the property offers additional rental potential or a live-work option. A potential additional room with a full bath, created from a converted garage, further enhances the property's versatility. The property boasts a prime location with ample street parking, convenient for commercial tenants and customers. Rents haven't been raised in over five years, presenting a significant opportunity for immediate revenue growth. This multi-use property is ideal for investors seeking stable income and long-term growth potential in a thriving San Diego market. The property's size and configuration offer flexibility for various investment strategies, and potential tax advantages could further enhance the return on investment. This is a rare opportunity to acquire a well-established, income-producing property in a desirable location. The asking price is $839,000.

Highlights

  • Asking Price: $839,000
  • Property Type: 5,334 SF Commercial Land with existing improvements including a house and two commercial units (barbershop and bike shop).
  • Location: 523 Highland Ave, National City, CA 92136. Prime location with ample street parking.
  • Income Potential: Existing tenants provide stable income with potential for rent increases. Property offers a live-work opportunity.

Property Details for 523 Highland Ave

Property type
Specialty properties, Land
Square Feet
5,334 SF

Location Insight

City
San Diego
County
San diego
State
California
Latitude
32.6833364
Longitude
-117.1220632

FAQs

What type of property is this?
Specialty property - Prime Multi-Use Investment Opportunity
Where is the specialty property located?
The property is located at 523 Highland Ave San Diego, CA.
What is the asking price?
The asking price for this property is $839,000.
What are key features of this property?
This property features: Asking Price: $839,000; Property Type: 5,334 SF Commercial Land with existing improvements including a house and two commercial units (barbershop and bike shop).; Location: 523 Highland Ave, National City, CA 92136. Prime location with ample street parking.
How can I contact the broker?
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523 Highland Ave
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