8306 Highway 79 Hwy , Descanso, CA 91916
$2,250,000
Est. Payment: $12,273.07/mo
6158 Sqft
Status: Active | Days on site: 19
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House Description

Acquisition of this multi-unit commercial property requires the simultaneous purchase of the on-site restaurant, as both assets are held under common ownership. The property currently generates $59,000 in annual rent from three tenants. The restaurant — the fourth occupant — operates rent-free under current ownership, but carries an estimated market rent of $42,000 per year, placing potential Gross Scheduled Income at $101,000 annually. Since 2022, the owners have invested $152,000 in targeted capital improvements: $82,000 into the restaurant's outdoor party area, $24,000 upgrading tenant spaces, $18,000 renovating the on-site residence, and $28,000 enhancing parking (65 spots with plans to expand to 88, ADA in process). The property is predominantly zoned C36, with a minor boundary adjustment currently pending. The adjustment will exchange a small residential strip with the adjacent property for a comparable commercial parcel, resulting in uniform C36 zoning across the entire site. No existing structures or tenants are affected by the change. Strategically positioned along a high-traffic corridor serving popular destinations including Julian, Lake Cuyamaca, and Mount Laguna, the property benefits from consistent year-round visibility and limited direct competition in the immediate trade area. The restaurant draws a loyal, repeat clientele further supported by steady destination traffic passing through the region.

Highlights

Listed by Bryan Gonzales , 619-777-6884 Sandbar Realty Group , 760-563-5544. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale

Year Built

1925

County

San Diego

Area

91916 - Descanso

Listing ID

NDP2603156

Questions about this listing?

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Interior Features

Exterior Features

Lot:2-5 Units/Acre,No Land Lease
Garage Capacity:0
Zoning:C36 - see remarks
Others:
  • ▪ Additional:2+ Total Units
Principal Interest
$12,273
Taxes
$1,434

Home Price

$2,250,000

Loan Details

30 yrs
7.245%

Down Payment

20%
$450,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$12,273.07

Principal

Taxes

Principal Taxes HOA Total
Monthly $12,273.07 $1,434.38 $0.00 $13,707.44
Yearly $147,276.83 $17,212.50 $0.00 $164,489.33
Total $4,418,304.90 $516,375.00 $0.00 $4,934,679.90

Today's Rates

30 Year

7.25%

20 Year

7.27%

15 Year

6.6%

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Market insight data is pulled from the same city as the listing being viewed (Descanso, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-05T01:13:22.000Z

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