$2,100,000
$2,150,000
2.3%For more information regarding the value of a property, please contact us for a free consultation.
337 N First Street El Cajon, CA 92021
0.27 Acres Lot
Key Details
Sold Price $2,100,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 230014843SD
Sold Date 04/25/24
HOA Y/N No
Lot Size 0.272 Acres
Property Description
Property is a 5.5% CAP on current income! The property has also permits to build 2 NEW CONSTRUCTION ADU's. Shovel ready. 337 N First St. is a six unit apartment complex the City of El Cajon. All units at this property have been renovated and the exterior has been upgraded with new paint and landscaping! The property sits on a 11,867 SF lot and has a total of 5,500 rentable square footage. The property has a favorable unit mix of all 2 BD 2 BA units. El Cajon is a growing market for multifamily and this investment will be a good addition to your portfolio!
Location
State CA
County San Diego
Area 92021 - El Cajon
Zoning R3
Interior
Fireplace No
Exterior
Total Parking Spaces 12
Others
Tax ID 4891407600
Financing Cash to New Loan
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Bought with Brandy Nelson