523 Highland, San Diego, CA 92136

Local realty services provided by:Better Homes and Gardens Real Estate Clarity
523 Highland,San Diego, CA 92136
$749,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:marty banks619-929-6558
Office:coldwell banker west
MLS#:PTP2305688
Source:CAREIL

Price summary

  • Price:$749,000

About this home

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

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Home facts

  • Year built:1961
  • Listing ID #:PTP2305688
  • Added:677 day(s) ago
  • Updated:December 18, 2024 at 05:45 PM

Structure and exterior

  • Year built:1961
  • Lot area:0.12 Acres

Finances and disclosures

  • Price:$749,000
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