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$ 5,500,000
Est. payment | /mo
0.39 Acres Lot
$ 5,500,000
Est. payment | /mo
0.39 Acres Lot
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID PTP2607770
HOA Y/N No
Lot Size 0.390 Acres
Property Description
New Construction and Exceptional Multifamily Investment Opportunity in El Cajon! Discover this well-maintained, two-story 9-unit apartment building in a convenient El Cajon location. The property features a desirable unit mix of seven 3 bedroom, 3 bath units and two 2 bedroom, 2 bathroom units, offering an appealing layout for a variety of rental needs. Select units feature private patios or balconies, while the fenced property provides added privacy. Solar panels are another valuable feature, offering potential energy-cost savings. Conveniently located near parks, shopping centers, dining, and everyday amenities, this property presents an exciting opportunity for investors seeking a multifamily asset with new pro forma rental projections and the potential to establish a new rental income stream. With its attractive unit mix, desirable amenities, and convenient location, this El Cajon property is an excellent opportunity to explore for your investment portfolio.
Location
State CA
County San Diego
Area 92021 - El Cajon
Zoning R-3:RESTRICTED MULTIPLE
Interior
Fireplace No
Laundry See Remarks
Exterior
Pool None
Community Features Sidewalks
View Y/N No
Private Pool No
Building
Story 2
Entry Level Two
Sewer Other
Water See Remarks
Level or Stories Two
Others
Senior Community No
Tax ID 4891400800
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2607770
Listed by Gus Jaleel Exceptional Realty 858-503-1220, DRE #01255838
NEARBY SCHOOLS & PROPERTIES
5631 Palmer Way Suite K, Carlsbad, CA 92010, United States