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Address Not Available By Request

National City, CA 91950
  • $799,000
  • STATUS: Active
  • ON SITE: 193 Days
  • ID#: PTP2402453
UPDATED: 23 min ago
$799,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1955
County:

School Ratings & Info

Listing Agent(s): John Van Tassel of The Real Estate Agency (619-870-0477) and Oliver Valenzuela of ()


Description

Excellent Investment Opportunity! 6% CAP Rate on this property. 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 salon is now available for an owner/user or the ability to rent it at the same as the restaurant space now. Tenants pay all their own utilities. Landlord pays taxes and insurance only.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-10T18:31:09.567. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Swell Property. Licensed in the State of California, USA.
www.swellproperty.com/homes/150053111
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Address Not Available By Request National City, CA 91950

  • Price: $799,000
  • Status: Active
  • On Site: 193 Days
  • Updated: 23 min ago
  • ID#: PTP2402453
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1955
Built
Neighborhood:
91950 - National City
County:
San Diego
Area:
91950 - National City
Property Description
Excellent Investment Opportunity! 6% CAP Rate on this property. 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 salon is now available for an owner/user or the ability to rent it at the same as the restaurant space now. Tenants pay all their own utilities. Landlord pays taxes and insurance only.
Exterior Features

Entry Level 1 Lot Features 0-1 Unit/Acre Parking Total 0 Sign On Property YN No

Interior Features

Cooling YN No Heating YN No

Property Features

Association Fee 0 Cap Rate 4.37 Electric Expense 0 Gross Scheduled Income 60000 Insurance Expense 1500 Listing Agreement Exclusive Right To Sell Listing Service Entry Only Listing Terms CashConventional Net Operating Income 49650 Operating Expense 10350 Property Sub Type Retail Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 0 Zoning Commercial



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-10T18:31:09.567. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Swell Property. Licensed in the State of California, USA.
 
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Swell Property
1967 N. Coast Hwy 101
Encinitas CA, 92024
Listing Agent(s): John Van Tassel of The Real Estate Agency (619-870-0477) and Oliver Valenzuela of ()