$ 3,950,000
1140 E Lexington Ave El Cajon, CA 92019
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In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 3,950,000
Est. payment /mo
Active
1140 E Lexington Ave El Cajon, CA 92019
0.32 Acres Lot
UPDATED:
09/30/2024 06:46 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 240015800SD
HOA Y/N No
Lot Size 0.319 Acres
Acres 0.3191
Property Description
12 Turn Key Units with all of the Major Capital Improvements Completed. Current Owner recently installed and paid for Solar Panels eliminating most electric bills. In addition the roofs, windows, hot water heaters, parking gate, exterior paint have all been updated within the past couple years. All the interiors have been renovated in some fashion over the past 5-7 years. Rents are approximately 12% below market so with all the heavy lifting completed the new owner should be able to continue and raise rents in what is considered a very stable rental market.
Location
State CA
County San Diego
Area 92019 - El Cajon
Zoning R3 Multipl
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Total Parking Spaces 13
Others
Tax ID 4892310400
Listed by Thomas McCartin • Marcus & Millichap