$5,500,000
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.
Listed by Gus Jaleel with Exceptional Realty
MLS Property Type
Commercial Sale
Property Subtype
Multi Family
Status
Active
MLS Number
PTP2607617
Building Size
12,517 sq ft
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1163 N 2nd St, El Cajon
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