337 N 1st Street N, El Cajon, CA 92021

$2,500,000
List Price
$2,500,000
Price Change
▲ $100,000 1657771161
Status
ACTIVE
MLS#
220017106SD
Lot Size
11,867
Acres
0.27240000000000003
Days on Market
86
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

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. There is plenty of potential to maximize monthly cashflow by renting out the other units, assigned parking and on site wash/dryer. The property has a favorable unit mix of all 2 bed 2 bath units. El Cajon is a growing market for multifamily and this investment will be a good addition to your portfolio.

Additional Information

Attached Structure
Detached
Number Of Units Total
6
Gross Scheduled Income
$165,240
Operating Expense
53853

Listing courtesy of Listing Agent: Jason Lee (jason@jlmrealestateinc.com) from Listing Office: JLM Real Estate Inc..

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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.