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Nicolas Romo
Direct Office:
800-659-4610
sellingcasas@gmail.com
DRE# 01787685
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Nicolas Romo
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Direct Office:
800-659-4610
sellingcasas@
gmail.com
DRE# 01787685
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Address Not AvailableNational City CA, 91950

(Active)
$850,000
|
1,400 sqft
|
MLS# PTP2402453
Last Updated: 5/18/2024 5:54 AM
Description for Address Not Available National City, CA 91950
Excellent Investment Opportunity! Current cap rate is 4.37% with the potential to increase it to a 6.5% cap rate. 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 saloon is currently below market rate with the ability to increase it to the same as the restaurant space now. This would bring you to the 6.5% cap rate. Tenants pay all their own utilities. Landlord pays taxes and insurance only.
Price
$850,000
San Diego
1,400 (approx)
PTP2402453
Active
Description
Excellent Investment Opportunity! Current cap rate is 4.37% with the potential to increase it to a 6.5% cap rate. 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 saloon is currently below market rate with the ability to increase it to the same as the restaurant space now. This would bring you to the 6.5% cap rate. Tenants pay all their own utilities. Landlord pays taxes and insurance only.
Listing Information
Property Type: Retail, Business Opportunities, 1 Story
4,522 Sq. Ft. Assessor 1,400 (approx)
1955 1
1 Total
Neighborhood
Room Information
Exterior / Lot Features
0 Covered Parking Spaces,
Commercial
0-1 Unit/Acre
Driving Directions
highland ave
Financial Considerations
5611720100
Cash,Conventional
Listing Price History

National City Real Estate

National City is located in California. National City, California 91950 has a population of 62,819.

The median household income in National City, California 91950 is $49,652. The median household income for the surrounding county is $83,628 compared to the national median of $66,222. The median age of people living in National City 91950 is 38 years.

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Listing Agent: John Van Tassel CalDRE: 01723635 - The Real Estate Agency, johnvantassel@yahoo.com
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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 5/18/2024 5:54 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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