El Cajon, CA 92021,1038 Greenfield Drive
Listed by BRIAN LAI • AMCA I
Bought with General NONMEMBER • NONMEMBER MRML

$2,800,000

$2,800,000

Est.Price: ?

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Est. payment /mo

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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agent
Paul LeJoy

Broker-Owner | Lic# 01467744

+1(510) 299-0093

34906 Newark Blvd, Newark, CA

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