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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.
Property Type(s):
Commercial
| Last Updated | 9/4/2024 | Year Built | 1961 |
|---|---|---|---|
| Community | National City | County | San Diego |
Price History
| Prior to Nov 16, '23 | $979,000 |
|---|---|
| Nov 16, '23 - Apr 24, '24 | $879,000 |
| Apr 24, '24 - Jul 13, '24 | $878,000 |
| Jul 13, '24 - Sep 4, '24 | $849,000 |
| Sep 4, '24 - Today | $839,000 |
Additional Details
| AREA | National City |
|---|---|
| HOA DUES | 0 |
| LOT | 5334 acre(s) |
| LOT DESCRIPTION | 0-1 Unit/Acre |
| STORIES | 1 |
| ZONING | commercial |
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Listed with Coldwell Banker West
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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