New ListingNew 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.
| MLS # | PTP2607617 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 3 |
| Listing Provided By | Exceptional Realty | Gus Jaleel |
| SQ Feet | 12,517 |
|---|---|
| Story(s) | 2 |
| Building(s) | 1 |
| Zoning | R-3:RESTRICTED MULTIPLE |
| Acreage | 0.00 |
| Heating Yes / No | No |
|---|---|
| Cooling Yes / No | No |
| State | CA |
|---|---|
| County | San Diego |
| City | El Cajon |
| Zip Code | 92021 |
| Area | 92021 El Cajon |
| Listing VS Median (in 92021) | |
Price: $5,500,000 low | high Med: $1,150,000 sqft: 12,517 low | high Med: 8,250 $ / sqft: $439 low | high Med: $139 On site: 3 low | high Med: 75 | |
| State | CA |
|---|---|
| County | San Diego |
| City | El Cajon |
| Zip Code | 92021 |
| Area | 92021 El Cajon |
| Listing VS Median (in 92021) | |
Price: $5,500,000 low | high Med: $1,150,000 sqft: 12,517 low | high Med: 8,250 $ / sqft: $439 low | high Med: $139 On site: 3 low | high Med: 75 | |