El Cajon, CA 92020,594 Graves Ave
El Cajon, CA 92020,594 Graves Ave
El Cajon, CA 92020,594 Graves Ave
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$3,200,000
Est. payment /mo
0.46 Acres Lot

UPDATED:

09/21/2024 12:33 AM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID 240022450

Lot Size 0.459 Acres

Acres 0.46

Property Description

This 10-unit building is located in the heart of El Cajon on a nearly 20K sq ft lot. All of the units feature 2 bedrooms and 1 bathroom. Eight of the ten units have been renovated, the exterior has been painted, and the roof has been replaced. In addition to the units, you have incoming-producing laundry and four storage units. With some room to raise rents, this property can be your cash cow with a 7.5%+ cap rate.

Location

State CA

County San Diego

Area El Cajon (92020)

Zoning R-4:MULTIP

Interior

Cooling Wall/Window

Building

Story 2

Lot Size Range .25 Acres or less

Others

Acceptable Financing Cash, Cash to New Loan

Space Rent $218,928

Listing Terms Cash, Cash to New Loan


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San Diego Regional MLS (SDMLS)
Listed by Kyle Whissel • eXp Realty of California, Inc.

Jason Cassity

Agent | License ID: 01928236

+1(619) 800-6178

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594 Graves Ave