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Property for sale: 519-21 Highland Ave in National City

519-21 Highland Ave National City

Exterior Frontbanner
$899,000 /224750.0
Prop. Type:
Com-Res Income
MLS® Num:
250025662
Status:
Active
Year Built:
1937
4 units under $1m, freshly painted and awaiting your entrepreneurial skills! Attention Investors, owner-users, business owners or developers! Rare opportunity to own two residential and two commercial units in the heart of National City's busiest commercial corridor. Huge upside potential and great street frontage in an opportunity zone. This value add property is located on a larger lot with flexible Mixed-Use Zoning. Tear it down and build up to 11 residential units and a commercial storefront below, flip existing structures to maximize rental income, or freshen it up and operate a coffee shop, restaurant, business of your own while occupying the spacious house. Residential units - 1 - 2Bed/1Bath house, and 1 - Studio. Commercial units - 2 street frontage spaces, including a successful hair salon. Be a part of South Bay's booming growth and thriving community, while taking advantage of opportunity zones before they expire. 90 walk score!
Rental Amount:
6650
Price Per Unit:
224750.0
Total Floor Area:
Switch units of measure5,367 sq. ft.
Lot Size:
Switch units of measure5,227 sq. ft.
County:
San Diego
Market Area:
South Bay
Number of Buildings:
2
Number of Units:
4
Stories:
1 Story
Num Stories:
1
Unit Type:
Fourplex
Year Built:
1937
Gross Multiplier:
11.3
Gross scheduled income:
79800.0
Operating expense:
12000
Gross equity:
100
Motive / Want:
1031 Exchange
Financial Information Source:
Owner
Existing Financing:
Clear
Short Sale:
No
Listing Type:
Exclusive Right (R)
Complex Features:
Other/Remarks
Exterior Finish:
Part Landscaped, Security Bars, TV Antenna, Wood Fence
Special:
None
Parking:
None
Total Parking Spaces:
0
Cooling:
Wall/Window
Heating:
Floor Furnace
Construction Material:
Stucco
Roof:
Composition, Other/Remarks
Floor finish:
Tile, Other/Remarks
Terms:
Cash, Exchange Up, Submit
Number of Units with Dishwashers:
0
Number of Units with Disposals:
0
Number of Units with Range/Oven:
1
Number of Units with Refrigerators:
1
Number of Leased Apartments:
2
Zoning:
Mixed Use
Parcel Number:
556-311-03-00
Unit 1 Furnished:
N
Bedrooms for Unit 1:
1
Bathroom 1:
1.0
Unit 2 Furnished:
N
Bedrooms for Unit 2:
2
Bathroom 2:
1.0
Unit 3 Furnished:
N
Bedrooms for Unit 3:
1
Bathroom 3:
1.0
Unit 4 Furnished:
N
Bedrooms for Unit 4:
0
Bathroom 4:
1.0
Listed by Coldwell Banker Realty
Data was last updated May 2, 2025 at 07:10 AM (UTC)
Gerri-Lynn Fives
Pacific Sotheby's Intl Realty
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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego Multiple Listing Service, Inc.

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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego Multiple Listing Service, Inc.