$1,780,000
$1,875,000
5.1%For more information regarding the value of a property, please contact us for a free consultation.
Address not disclosed El Cajon, CA 92021
0.52 Acres Lot
Key Details
Sold Price $1,780,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 120038867
Sold Date 07/01/13
HOA Y/N No
Lot Size 0.520 Acres
Property Description
Outstanding Investment Opportunity. 20 Units in the heart of El Cajon, where demand and rents are increasing steadily. Excellent location near major arteries and freeway access. Peach Avenue Apartment Homes offer comfortable living for tenants and excellent returns for owner. Very low vacancies. Low rent with room for rental rate growth. Current Rents are Spectacularly Low. Huge influx of people into the immediate area makes these apartments especially well suited for rent increases. Must see. Fantastic opportunity.
Location
State CA
County San Diego
Area 92021 - El Cajon
Zoning r
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Others
Tax ID 4843000900
Financing Cash to New Loan
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Bought with Mike Habib • Coldwell Banker Realty