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2005 Highland Ave
National City, CA 91950

$5,750,000 USD

Apartments For Sale • 9,000 SF

Property Details

Property Type Apartments
Total Building Size 9,000 SF
Lot Size 0.33 AC
Building Class B
Year Built 1975
Zoning MXC-2

50 Transit Score

60 Walk Score

                
                    Highlights
                
                                Proposed configuration of 22 residential apartments consisting of 17 studios and five one-bedroom units, subject to City approval
                            
                                Ten studio apartments substantially built out and awaiting required permitting, inspections and occupancy authorization
                            
                                Value-add opportunity to complete 12 additional apartments consisting of seven studios and five one-bedroom units
                            
                                Long-term T-Mobile and Midpoint Towers leases generate $40,800 in current annual income, plus contractual increases
                            
                                Approximately 9,000 SF, two-story low-rise courtyard building on two parcels totaling approximately 10,890 SF
                            
                                Twenty on-site parking spaces with prominent Highland Avenue frontage, monument signage and public-transit access

Amenities

24 Hour Access
Air Conditioning
Controlled Access
Tenant Controlled HVAC
Washer/Dryer
Wi-Fi
Kitchen
Walk-Up
Quartz Countertops

Public Transportation

Commuter Rail	Drive	Walk	Distance
San Diego (Santa Fe Depot) (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze))	11 min	-	7.0 mi
	11 min	-	7.1 mi
Airport	Drive	Walk	Distance
San Diego International	13 min	-	9.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	22
Type:	Surface
Included in Rent:	Yes

Tim Lopez 760-271-8837 Tim Lopez Group

2005 Highland Ave National City, CA 91950