519 Highland Ave
National City
91950
$899,000
2-4 Units
5,367 sq. ft.
built: 1937
- Status:
- Active
- Prop. Type:
- 2-4 Units
- MLS® Num:
- 240025766
- Year Built:
- 1937
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4 units under $1m! 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 large lot with flexible Mixed-Use Zoning. Tear it down and build up to 11 residential units and a restaurant/shop, or flip existing structures. 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!
- Total Floor Area:
- 5,367 sq. ft.
- Lot Size:
- 4,000-7,499 SF
- Lot Size:
- 5,227 sq. ft.
- Number of Buildings:
- 2
- Number of Units:
- 4
- Year Built:
- 1937
- Stories:
- 1 Story
- Total Stories:
- 1
- Market Area:
- South Bay
- Community:
- NATIONAL CITY
- County:
- San Diego
- Neighborhood Code:
- Padrick's
- Name of Complex/Subdivision:
- None
- Home Owner Fees:
- 0.0
- Home Owner Fees Include:
- N/K
- Mello Roos Fee:
- 0.0
- Monthly Total Fees:
- 0.0
- Other Fees:
- 0.0
- Other Fee Type:
- N/K
- Tenant pays:
- Electricity, Trash, Water
- Projected net operating income:
- 80400
- Other income:
- 0
- Annual expense actual:
- 7400
- Cap Rate.:
- 0.0
- Projected Cap Rate.:
- 0.0
- Gross Rent Multiplier:
- 12.0
- Projected Gross Rent Multiplier:
- 11.0
- Gross scheduled income:
- 6220
- Projected gross scheduled income:
- 6700
- Unit Number for Unit 1:
- 519
- Finished Area for Unit 1:
- 490 sq. ft.
- Bedrooms for Unit 1:
- 1
- Number of bathrooms for Unit 1:
- 1
- Full Bathrooms for Unit 1:
- 0
- Half Bathrooms for Unit 1:
- 1
- Deposit for Unit 1:
- 0.0
- Total Rent for Unit 1:
- 0.0
- Projected Rent for Unit 1:
- 1320.0
- Garage for Unit 1:
- N/K
- Parking for Unit 1:
- None Known
- Unit 1 Exclusive Use Yard:
- No
- Laundry Hook Ups for Unit 1:
- No
- Unit Number for Unit 2:
- 519 1/2
- Finished Area for Unit 2:
- 585 sq. ft.
- Bedrooms for Unit 2:
- 2
- Number of bathrooms for Unit 2:
- 1
- Full Bathrooms for Unit 2:
- 1
- Half Bathrooms for Unit 2:
- 0
- Deposit for Unit 2:
- 1850.0
- Total Rent for Unit 2:
- 2600.0
- Projected Rent for Unit 2:
- 2850.0
- Garage for Unit 2:
- N/K
- Parking for Unit 2:
- None Known
- Unit 2 Exclusive Use Yard:
- Yes
- Laundry Hook Ups for Unit 2:
- No
- Unit Number for Unit 3:
- 521
- Finished Area for Unit 3:
- 490 sq. ft.
- Bedrooms for Unit 3:
- 1
- Number of bathrooms for Unit 3:
- 1
- Full Bathrooms for Unit 3:
- 0
- Half Bathrooms for Unit 3:
- 1
- Deposit for Unit 3:
- 2400.0
- Total Rent for Unit 3:
- 1200.0
- Projected Rent for Unit 3:
- 1320.0
- Garage for Unit 3:
- N/K
- Parking for Unit 3:
- None Known
- Unit 3 Exclusive Use Yard:
- Yes
- Laundry Hook Ups for Unit 3:
- No
- Unit Number for Unit 4:
- 521 1/2
- Finished Area for Unit 4:
- 390 sq. ft.
- Bedrooms for Unit 4:
- 1
- Number of bathrooms for Unit 4:
- 1
- Full Bathrooms for Unit 4:
- 1
- Half Bathrooms for Unit 4:
- 0
- Deposit for Unit 4:
- 1100.0
- Total Rent for Unit 4:
- 1100.0
- Projected Rent for Unit 4:
- 1210.0
- Garage for Unit 4:
- N/K
- Parking for Unit 4:
- None Known
- Unit 4 Exclusive Use Yard:
- Yes
- Laundry Hook Ups for Unit 4:
- No
- E 6th St
- Site Influences:
- Curbs
- Complex Features:
- N/K
- Exposure Front:
- Other/Remarks
- Exterior Features:
- Stucco
- Cooling:
- Wall/Window
- Heating:
- Forced Air Unit
- Heating fuel:
- Natural Gas
- Irrigation:
- Other/Remarks
- Additional Use:
- Res/Business Use OK
- Number of Units with Cooling:
- 0
- Number of Units with Dishwashers:
- 0
- Number of Units with Dryers:
- 0
- Number of Units with Fireplaces:
- 0
- Number of Furnished Units:
- 0
- Number of Units with Garages:
- 0
- Number of Units with Patios:
- 3
- Number of Units with Range/Oven:
- 1
- Number of Units with Refrigerators:
- 1
- Number of Units with Washers:
- 0
- Pool:
- N/K
- Pool Heat:
- None Known
- Spa:
- N/K
- Spa Heat:
- None Known
- Roof:
- Concrete, Composition
- RV Parking:
- None Known
- Sewer Septic:
- Sewer Connected
- Water Heater Type:
- Gas
- Water supply:
- Meter on Property
- Security:
- N/K
- Fencing:
- Partial
- Topography:
- Level
- Short Sale:
- No
- Listing Type:
- Exclusive Right (R)
- Age Restrictions:
- N/K
- Sales Restrictions:
- N/K
- Terms:
- Cash, FHA, Other/Remarks
- Pets:
- Yes
- Parcel Number:
- 556-311-03-00
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Listed by Coldwell Banker Realty
Data was last updated December 7, 2024 at 11:10 PM (UTC)
Area Statistics
- Listings on market:
- 31
- Avg list price:
- $1,395,000
- Min list price:
- $629,999
- Max list price:
- $4,495,000
- Avg days on market:
- 61
- Min days on market:
- 4
- Max days on market:
- 263
- Avg price per sq.ft.:
- $198.88
These statistics are generated based on the current listing's property type
and located in
South Bay. Average values are
derived using median calculations.
- SONYA FLORES
- Innovate Realty Inc.
- 1 (619) 8710306
- Contact by Email
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.
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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 © 2024 San Diego Multiple Listing Service, Inc.
Powered by Innovate Real Estate
Office Address:
124 E 30th Street Suite D
National City, CA, 91950
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 © 2024 San Diego Multiple Listing Service, Inc.