National City, CA 92136

PRICE REDUCED

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-$230,000 (-23.49%)

$749,000

List Price

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1961

calendar_month Built

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.

Listing Information

List Price $749,000
Status Active
MLS PTP2304413
HOA $0
Type Commercial
Subtype Business
Year Built 1961
Lot Size N/A
Structure Size N/A
DOM 461
Courtesy Of Coldwell Banker West
Listing Agent Marty Banks DRE#01933744
Co-Listing Agent Brian Jabro DRE#02020056

Interior Features

Total Bedroom
Bedrooms N/A

Exterior Information

Maps

Listing information courtesy of: Marty Banks, Brian Jabro, Coldwell Banker West 619-929-6558. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 13th, 2024 at 7:14 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.