1329-35 Highland Ave
National City
91950
$999,000
2-4 Units
6,646 sq. ft.
built: 1954
- Status:
- Active
- Prop. Type:
- 2-4 Units
- MLS® Num:
- 240027039
- Year Built:
- 1954
- Photos (12)
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Investment Potential: The property is zoned MCR-2 Multi-Use Commercial-Residential (45 du/ac max) to allow the addition of up to 3 more units on top of the RETAIL building, offering significant expansion opportunities. Unit 1329: Recently remodeled in 2020, this unit is currently generating $2,350 per month. The tenants have been there for 6 months and are on a month-to-month lease. Unit 1333: A long-term tenant has enjoyed this unit for over 17 years. This Section 8 tenant pays approximately $1,700 per month. Commercial Building: The front commercial space has a reliable tenant who has been in place for over 5 years, paying $2,000 per month. He is in month to month and willing to increase the rent Located on one of the busiest streets in San Diego County, this property offers a fantastic mix of residential income and commercial potential. Situated across from Walmart, the residential units are set back from the street, providing a peaceful environment. Don’t miss out on this versatile property with great rental income and future development potential! Verify all information before Close of Escrow (COE).
- Total Floor Area:
- 6,646 sq. ft.
- Lot Size:
- 4,000-7,499 SF
- Lot Size:
- 6,534 sq. ft.
- Number of Buildings:
- 3
- Number of Units:
- 3
- Year Built:
- 1954
- Stories:
- 1 Story
- Total Stories:
- 1
- Market Area:
- South Bay
- County:
- San Diego
- Neighborhood Code:
- Highland Ave
- Name of Complex/Subdivision:
- n/a
- Home Owner Fees Include:
- Limited Insurance, Water
- Mello Roos Fee:
- 0.0
- Monthly Total Fees:
- 0.0
- Other Fees:
- 0.0
- Other Fee Type:
- N/K
- Tenant pays:
- Cable TV, Electricity, Gardener, Gas/Propane, Hot Water, Sewer, Trash, Water
- Projected net operating income:
- 81800
- Other income:
- 0
- Annual expense actual:
- 10773
- Projected annual expense:
- 11200
- Cap Rate.:
- 6.6
- Projected Cap Rate.:
- 8.0
- Gross Rent Multiplier:
- 14.0
- Projected Gross Rent Multiplier:
- 13.0
- Gross scheduled income:
- 72600
- Projected gross scheduled income:
- 93000
- Unit Number for Unit 1:
- 1329
- Finished Area for Unit 1:
- 750 sq. ft.
- Bedrooms for Unit 1:
- 2
- Number of bathrooms for Unit 1:
- 1
- Full Bathrooms for Unit 1:
- 1
- Half Bathrooms for Unit 1:
- 0
- Deposit for Unit 1:
- 2350.0
- Total Rent for Unit 1:
- 2350.0
- Projected Rent for Unit 1:
- 2550.0
- Total Garage Spaces for Unit 1:
- 0
- Parking for Unit 1:
- Assigned, Uncovered
- Unit 1 Exclusive Use Yard:
- Yes
- Laundry Hook Ups for Unit 1:
- Yes
- Unit Number for Unit 2:
- 1335
- Finished Area for Unit 2:
- 700 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:
- 700.0
- Total Rent for Unit 2:
- 1700.0
- Projected Rent for Unit 2:
- 2550.0
- Total Garage Spaces for Unit 2:
- 0
- Parking for Unit 2:
- Assigned, Uncovered
- Unit 2 Exclusive Use Yard:
- Yes
- Laundry Hook Ups for Unit 2:
- Yes
- Unit Number for Unit 3:
- 1335
- Finished Area for Unit 3:
- 1,000 sq. ft.
- Bedrooms for Unit 3:
- 0
- Number of bathrooms for Unit 3:
- 1
- Full Bathrooms for Unit 3:
- 1
- Half Bathrooms for Unit 3:
- 0
- Deposit for Unit 3:
- 1650.0
- Total Rent for Unit 3:
- 2000.0
- Projected Rent for Unit 3:
- 2650.0
- Total Garage Spaces for Unit 3:
- 0
- Parking for Unit 3:
- Assigned, Uncovered
- Unit 3 Exclusive Use Yard:
- Yes
- Laundry Hook Ups for Unit 3:
- No
- Number of bathrooms for Unit 4:
- 0
- Property Overview: Charming property on Highland Ave in National City, featuring two 2-bed, 1-bath cottages with private yards and a commercial building with a successful appliance repair business. This unique offering combines residential comfort with commercial potential, providing steady rental income and future development opportunities. Residential Units: Unit 1329: Remodeled in 2020, earning $2,350/month. Current tenants are on a month-to-month lease. Unit 1333: Long-term Section 8 tenant, paying $1,700/month for over 17 years, ensuring stable rental income. Commercial Building: Current Use: Occupied by a thriving appliance repair business, generating $2,000/month. Potential: Located in a high-traffic area with visibility and accessibility. Development Opportunities: Zoning: Allows for up to 3 additional residential units, making a total of 6 units possible. This zoning flexibility offers significant growth potential. Location: Highland Ave: High visibility, across from Walmart. Residential units are set back for a quiet living environment despite the busy area. Accessibility: Easy access to highways and amenities. Investment Potential: Income Stream: Diverse with stable residential and commercial leases. Future Growth: Potential for added residential units increases rental income and investment value. Important Notes: Tenant Privacy: Do not contact tenants directly; inquiries and showings via the listing agent only. Verification: Information is reliable but not guaranteed; buyers should verify all details. Condition: Buyers should conduct inspections. Contact Information: For more details, to schedule a viewing, or to make an offer, contact the listing agent. This property offers a rare blend of residential comfort, commercial income, and growth potential. Don’t miss this exceptional opportunity!
- Highland and 13th
- School District URL:
- http://www.suhsd.k12.ca.us/
- Elementary School:
- National School District
- Elementary School URL:
- http://nsd.us/
- Middle School:
- National School District
- Middle School URL:
- http://nsd.us/
- High School:
- Sweetwater Union High School District
- Site Influences:
- Curbs
- Complex Features:
- BBQ
- Frontage:
- 54'
- Exposure Front:
- Open Space, Other/Remarks
- Exterior Features:
- Stucco
- View:
- City, Evening Lights, Other/Remarks
- Directions:
- Enter 1329-1335 Highland Ave, National City, CA into your GPS for precise directions
- Cooling:
- Wall/Window
- Heating:
- Wall/Gravity
- Heating fuel:
- Natural Gas
- Land Use:
- MCR2
- Additional Use:
- Res/Business Use OK, With Structures
- Number of Units with Cooling:
- 3
- Number of Units with Dishwashers:
- 2
- Number of Units with Dryers:
- 1
- Number of Units with Fireplaces:
- 0
- Number of Furnished Units:
- 0
- Number of Units with Garages:
- 0
- Number of Units with Patios:
- 2
- Number of Units with Range/Oven:
- 2
- Number of Units with Refrigerators:
- 2
- Number of Units with Washers:
- 1
- Roof:
- Composition
- RV Parking:
- Potential Space
- Sewer Septic:
- Sewer Connected
- Water district:
- SWEETWATER AUTHORITY
- Water Heater Type:
- Gas
- Security:
- N/K
- Fencing:
- Partial
- Topography:
- Slope Gentle
- Short Sale:
- No
- Listing Type:
- Exclusive Agency (A)
- Age Restrictions:
- N/K
- Sales Restrictions:
- N/K
- Terms:
- Cash, Conventional, Exchange, FHA, Seller May Carry
- Pets:
- Yes
- Jurisdiction:
- Incorporated
- Parcel Number:
- 561-013-18-00
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Listed by Pemberley Realty Inc.
Data was last updated January 26, 2025 at 01:10 AM (UTC)
Area Statistics
- Listings on market:
- 31
- Avg list price:
- $1,299,000
- Min list price:
- $629,999
- Max list price:
- $4,500,000
- Avg days on market:
- 54
- Min days on market:
- 3
- Max days on market:
- 312
- Avg price per sq.ft.:
- $187.14
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.
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.
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 © 2025 San Diego Multiple Listing Service, Inc.