El Cajon CA  home offered at $1,750,000 

Call Lisa DiNoto Group at (909)921-2544 to see this home.

 

535 N 1st Street
El Cajon, California CA 92021
Sold For: $1,710,000
Listing ID: PTP2107023
Price/SqFt: $391.57
Status: Closed
Sold Date: 11/04/2021
SqFt: 4,367 Sq Ft
Year Built: 1952

Rare opportunity to own 100% renovated apartment complex making great money. This deal offers new owner an investment that requires very little maintenance and is easy to self manage. New flooring, Quartz counters, new AC units, stainless appliances, owned laundry, plenty of parking. This property is 5% cap rate and in this condition is unmatched by anything in the whole county.

Primary Features

County: San Diego
Price/SqFt: 391.57
Property Sub Type: Multi Family
Property Type: Commercial Sale
Year Built: 1952
Zoning: R-3

Interior

Building Area Units: Square Feet
Cooling Type: Central Air
Cooling: yes
Heating: no
Laundry Features: Common Area

External

Fence: no
Lot Size Source: Public Records
Minimum Total Area Units: Square Feet
Number Of Buildings: 1
Roof: Asbestos Shingle
Water Source: Public

Location

MLS Area Major: 92021 - El Cajon

Additional

Co List Agent State License: 02080436
Co List Office State License: 01885775
Days On Market: 24
List Agent State License: 01940442
List Office State License: 01885775
Max Total Area Units: Square Feet
Number Of Units Leased: 5
Number Of Units Total: 5
Parcel Number: 4890701700

Financial

Cap Rate: 5
Gross Scheduled Income: 9647
Laundry Income: 1500
Real Estate Tax Expense: 19000
Special Listing Conditions: Standard

Zoning Info


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Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Listed by: Fadi Matti, DRE #01940442 from Big Block Realty, Inc 619-393-6633

Contact - Listing ID PTP2107023

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Lisa DiNoto

9483 Haven Ave #100
Rancho Cucamonga, CA 91730
Phone: 9099212544

Data services provided by IDX Broker
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