Thank you
Marty Banks
Coldwell Banker West
619-303-3399
GREAT OPPORTUNITY IN SAN DIEGO 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.
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Total Baths: 0
Air Conditioning
Has Heating
Has Fireplace: 0
Year Built: 1961
Building Area Total: 1,912
None
See Remarks
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1225
Lot Size Source: Public Records
Lot Size Square Feet: 5334
Original List Price: 878,000
Listing Contract Date: 2023-11-16
Listing Agreement: Exclusive Right To Sell
Parcel Number: 5563110400
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: 91950 - National City
Directions: GPS
Zoning: commercial, retail stores
Source Property Type: Residential Income
Area: 91950 - National City
Property Age: 63
Common Walls: No One Above
Year Built Source: Vendor Enhanced
Entry Level: 1
Entry Location: front
Property Attached: Yes
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ByOwner last updated this listing 05/21/2024 @ 12:47
MLS: PTP2305688
LISTED BY: Marty Banks, Coldwell Banker West
SOURCE: CRMLS
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.