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Nacha Subramanian
Direct Office:
510-579-4385
nacha@nacharealestate.com
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Nacha Subramanian
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Direct Office:
510-579-4385
nacha@
nacharealestate.com
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National City CA Real Estate & Commercial for Sale

1 Properties Found

The median home value in National City, CA is $700,000. This is lower than the county median home value of $725,000. The national median home value is $308,980. The average price of homes sold in National City, CA is $700,000. Approximately 33% of National City homes are owned, compared to 60% rented, while 7% are vacant. National City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact National City real estate agent to arrange a tour today!
Learn more about National City.


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Beds:
n/a
Baths:
Sq.Ft.:
1,400
Status:
NEW LISTING
MLS#:
CRPTP2402453
Type:
Retail, Business Opportunities
Year built:
1955
A broker reciprocity listing Courtesy: John Van Tassel - The Real Estate Agency John Van Tassel johnvantassel@yahoo.com
View additional info

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.

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Bay East ©2022. CCAR ©2022. bridgeMLS ©2022 . Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 5/5/2024.

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