1343 45 Highland Avenue, National City, CA 91950

$895,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$895,000
Status
ACTIVE
MLS#
NDP2607364
Year Built
1945
Lot Size
6,151
Acres
0.14
Lot Location
16-20 Units/Acre
Days on Market
7
Property Type
Multifamily

Property Description

Four-unit mixed-use asset on Highland Avenue, one of National City's designated mixed-use commercial corridors. The property is recorded as 3 units on title and currently operates as 4, combining two residential units at the rear of the parcel, a 2 bedroom, 1 bath home and a 1 bedroom, 1 bath unit, with two ground floor commercial suites fronting Highland Avenue, a retail salon and an office. Two of the four operating units offer immediate leasing opportunity, alongside meaningful upside as the remaining units are brought to market. A full video and photography marketing package, including additional photos, rent roll detail, and property information, is available for interested buyers. Contact Ivan Del Muro-Garcia at 619.623.2132 or idmg@lee-associates.com for offering details, or to see what else is currently available in San Diego multifamily. Zoned MXC-2, Major Mixed-Use Corridor, the property permits single-family, multifamily, and mixed residential/commercial development by right, supports up to 75 dwelling units per acre, and allows buildings as tall as 65 feet, subject to the City's approval process. Buyer to independently verify all information including square footage, zoning, year built, and development potential.

Additional Information

Pool Description
None
Sewer
Public Sewer
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$30,000
Operating Expense
24835

Listing courtesy of Listing Agent: Ivan Del Muro-Garcia (idmg@lee-associates.com) from Listing Office: Lee & Associates.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.