$850,000
Active
18 Days Online
0 Beds0 Baths1,400 SQFT
Active
Address Withheld
Excellent Investment Opportunity! Current cap rate is 4.37% with the potential to increase it to a 6.5% cap rate. One block away from Highland Avenue. This property has two retail units, each at 700 square feet. The restaurant space rent has already been increased to market rate and the beauty saloon is currently below market rate with the ability to increase it to the same as the restaurant space now. This would bring you to the 6.5% cap rate. Tenants pay all their own utilities. Landlord pays taxes and insurance only.
- Property TypeCommercial
- NeighborhoodN/A
- CountySan Diego
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site18 Days
- MLS StatusActive
- MLS ID NumberPTP2402453
- Home Size Source N/A
- Year Built1955
- Lot Size4522 Acres
- Full BathsN/A
- Partial BathsN/A
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Learn MoreRecent Activity For Address Withheld National City, CA 91950
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| 3 weeks ago |
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General Features
- Parking Spaces 0
- Number of Stories 1
- Property Sub Type Retail
- Zoning Commercial
- Listing Conditions Standard
Exterior Features
- Lot 0-1 Unit/ Acre
Community Features
- Association Dues 0
- MLS Area 91950 - National City
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Monthly Payment (Est.)
$4,533Copyright ©2024 Information is deemed reliable but not guaranteed.