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1343 Highland Ave 4 Unité Immeuble d’appartements 1 253 940 $ CAD (313 485 $ CAD/Unité) National City, CA 91950



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Faits saillants de l'investissement
- Mixed use income stream, 2 residential units plus 2 commercial suites in one acquisition
- Substantial rental upside, current gross income of $30,000/year against market gross income of $86,400/year, an 80.7% increase
- Manageable four unit scale, well suited to a private investor or 1031 buyer
- Highland Ave frontage
- Immediate lease up opportunity with the vacant residential and office units
- Renovated 1 bed 1 bath unit
Résumé de l'annonce
3 units operating as 4 units, mixed use investment on Highland Ave, one of National City's designated mixed use commercial corridors. The offering combines two residential units at the rear of the parcel with two ground floor commercial suites fronting Highland Ave, giving an investor a blended income stream with substantial upside as commercial rents are brought to market and the vacant office suite is leased up.
Unit mix is (1) 2BR/1BA residential, (1) 1BR/1BA residential currently vacant, (1) salon suite, and (1) office suite, currently vacant. Building is 1,908 SF on a 6,151 SF (0.14 AC) lot, zoned MXC-2, Major Mixed Use Corridor, which permits high intensity, transit oriented mixed use redevelopment up to 65 feet and 5 stories, with density up to 75 dwelling units per acre.
Current gross income is $30,000/year against a market gross income of $86,400/year, representing 80.7% upside. Two rear residential units provide stable, easier to manage income, while the two front facing commercial suites (a salon and a vacant office) offer immediate lease up opportunity. Manageable four unit scale suited to a private investor or 1031 buyer or someone looking to live in one unit and rent out the others.
Listed at $895,000. Buyer to verify year built and all square footages. Contact listing agents for OM.
Unit mix is (1) 2BR/1BA residential, (1) 1BR/1BA residential currently vacant, (1) salon suite, and (1) office suite, currently vacant. Building is 1,908 SF on a 6,151 SF (0.14 AC) lot, zoned MXC-2, Major Mixed Use Corridor, which permits high intensity, transit oriented mixed use redevelopment up to 65 feet and 5 stories, with density up to 75 dwelling units per acre.
Current gross income is $30,000/year against a market gross income of $86,400/year, representing 80.7% upside. Two rear residential units provide stable, easier to manage income, while the two front facing commercial suites (a salon and a vacant office) offer immediate lease up opportunity. Manageable four unit scale suited to a private investor or 1031 buyer or someone looking to live in one unit and rent out the others.
Listed at $895,000. Buyer to verify year built and all square footages. Contact listing agents for OM.
Faits sur la propriété
1 1
Moyennement accessible à pied
60/100
Exceptionnellement adapté aux voitures
100/100
Transports en commun relativement accessibles
50/100
Plutôt accessible en vélo
50/100
Impôts fonciers
| Numéro de lot | 561-013-17 | Évaluation des bâtiments | 329 510 $ CAD |
| Évaluation du terrain | 766 468 $ CAD | Évaluation totale | 1 095 978 $ CAD |
Impôts fonciers
Numéro de lot
561-013-17
Évaluation du terrain
766 468 $ CAD
Évaluation des bâtiments
329 510 $ CAD
Évaluation totale
1 095 978 $ CAD
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1343 Highland Ave
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