Bought with General NONMEMBER • NONMEMBER MRML
$2,800,000
$2,800,000
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9,280 SqFt
SOLD DATE : 08/24/2022
Key Details
Sold Price $2,800,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 9,280 sqft
Price per Sqft $301
MLS Listing ID CRWS22068512
Sold Date 08/24/22
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1972
Lot Size 0.500 Acres
Property Description
1024-44 Greenfield Condo Style Apartment, a pride of ownership value-add 8 units property for sale in the heart of El Cajon in San Diego. It is set in a two story charming garden-style layout.? The property enjoys easy access to the Shopping Centers, several Recreation Center Park, Restaurants, Grossmont College, Interstate 8 and Interstate 67 The property offer superior 8 units, 2 Bedrooms 1-1.2 Bathrooms units. Total building Space is approximately 9280 square feet with large Lot Size is approximately 21,930 square feet. The units are mostly renovated with below market rent and have room to further improve and push rent to market price.?($ 240,000.00) Projected annual rental income The complex offers investors the opportunity to purchase a well-maintained property with tremendous upside in San Diego's most affordable neighborhoods.? Investors have the ability to purchase the asset, decrease expenses through efficiencies and increase rents to market to create a well cash-flow asset in one of San Diego best performing markets.($ 240,000.00) Projected annual rental income Investment Highlights 8 Units Condo Style Apartments with 2 Bedrooms 1-1/2 Bathrooms
Location
State CA
County San Diego
Interior
Fireplace No
Laundry Other
Building
Lot Description Corner Lot
Water Public
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