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$3,200,000
Est. payment /mo
0.46 Acres Lot
UPDATED:
09/21/2024 12:33 AM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 240022450
Lot Size 0.459 Acres
Acres 0.46
Property Description
This 10-unit building is located in the heart of El Cajon on a nearly 20K sq ft lot. All of the units feature 2 bedrooms and 1 bathroom. Eight of the ten units have been renovated, the exterior has been painted, and the roof has been replaced. In addition to the units, you have incoming-producing laundry and four storage units. With some room to raise rents, this property can be your cash cow with a 7.5%+ cap rate.
Location
State CA
County San Diego
Area El Cajon (92020)
Zoning R-4:MULTIP
Interior
Cooling Wall/Window
Building
Story 2
Lot Size Range .25 Acres or less
Others
Acceptable Financing Cash, Cash to New Loan
Space Rent $218,928
Listing Terms Cash, Cash to New Loan
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Listed by Kyle Whissel • eXp Realty of California, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "