594 Graves Ave, El Cajon, CA 92020

$2,890,000
List Price
$2,890,000
Status
ACTIVE
MLS#
220018199SD
Lot Size
19,973
Acres
0.4585
Days on Market
59
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

594 Graves is a 10 unit apartment complex with a desirable unit mix of 2 bedroom 1 bath units. The property sits on a 19,973 sq. ft. lot in El Cajon. The property has income producing laundry and storage closets onsite and there is still room for exterior upgrades. This apartment makes a great investment property and has the potential to cashflow up to $22,940 a month! Current rents range from $1200 to $1740 per month. 6 out of 10 units have been fully renovated. The exterior of the property has been recently painted. The Offering Memorandum is available to view in the Documents Section.

Additional Information

Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Exterior Construction
Stucco
Roof
Composition
Attached Structure
Detached
Number Of Units Total
10
Gross Scheduled Income
$173,280
Operating Expense
68246

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

Mortgage Calculator

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Calculator source: Real Geeks

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.