395 N 1st St, El Cajon, CA 92021

$5,500,000
5
BD
5
BA

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List Price
$5,500,000
Status
ACTIVE
MLS#
PTP2607770
Bedrooms
5
Bathrooms
5
Lot Size(apprx.)
16,988
Property Type
Multifamily

Property Description

New Construction and Exceptional Multifamily Investment Opportunity in El Cajon! Discover this well-maintained, two-story 9-unit apartment building in a convenient El Cajon location. The property features a desirable unit mix of seven 3 bedroom, 3 bath units and two 2 bedroom, 2 bathroom units, offering an appealing layout for a variety of rental needs. Select units feature private patios or balconies, while the fenced property provides added privacy. Solar panels are another valuable feature, offering potential energy-cost savings. Conveniently located near parks, shopping centers, dining, and everyday amenities, this property presents an exciting opportunity for investors seeking a multifamily asset with new pro forma rental projections and the potential to establish a new rental income stream. With its attractive unit mix, desirable amenities, and convenient location, this El Cajon property is an excellent opportunity to explore for your investment portfolio. New Construction and Exceptional Multifamily Investment Opportunity in El Cajon! Discover this well-maintained, two-story 9-unit apartment building in a convenient El Cajon location. The property features a desirable unit mix of seven 3 bedroom, 3 bath units and two 2 bedroom, 2 bathroom units, offering an appealing layout for a variety of rental needs. Select units feature private patios or balconies, while the fenced property provides added privacy. Solar panels are another valuable feature, offering potential energy-cost savings. Conveniently located near parks, shopping centers, dining, and everyday amenities, this property presents an exciting opportunity for investors seeking a multifamily asset with new pro forma rental projections and the potential to establish a new rental income stream. With its attractive unit mix, desirable amenities, and convenient location, this El Cajon property is an excellent opportunity to explore for your investment portfolio.

Additional Information

Lot Size
16,988
Neighborhood
El Cajon

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Gus Jaleel (858-503-1220) from Listing Office: Exceptional Realty.

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