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Coldwell Banker Realty
395 N 1St Street, El Cajon, CA 92021
- $5,500,000
- List Price
- $5,500,000
- Status
- ACTIVE
- MLS#
- PTP2607617
- Days on Market
- 54
- Property Type
- Commercial
- Property Sub Type
- Multi Family
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.
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Additional Information
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Gus Jaleel (gus@exceptrealty.com) from Listing Office: Exceptional Realty.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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.