902 E 18TH ST
NATIONAL CITY, CA 91950
$850,000
N/A Beds
0 Baths
1,400 Sq Ft
Status Active
MLS# PTP2402453
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.
Details for 902 E 18TH ST
Built in 1955
$607 / Sq Ft
20 Days on website