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    Address Not Available By Request

    El Cajon, CA 92021
    • $1,399,000
    • STATUS: Active
    • ON SITE: 95 days
    • ID#: PTP2102676
    UPDATED: 75 min ago
    $1,399,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1985
    County:

    School Ratings & Info

    Description

    Great income producing commercial retail property located on busy corner lot! Building has 8 total units that are 100% tenant occupied. Tenants are a mix of office and retail uses. Great signage and visibility. Currently at an 5% cap rate. Rents can be raised and cap rate improved. Proforma 8.5%.Perfect for a first time investor or seasoned investor. Very little maintenance, large parking lot, and very close to 2nd St, 8 freeway & Jamacha rd.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-25T19:29:12.72. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
    www.therealestategirl.com/homes/116307464
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    Address Not Available By Request El Cajon, CA 92021

    • Price: $1,399,000
    • Status: Active
    • Updated: 75 min ago
    • ID#: PTP2102676
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1985
    Built
    Neighborhood:
    92021 - El Cajon
    County:
    San Diego
    Area:
    92021 - El Cajon
    Property Description
    Great income producing commercial retail property located on busy corner lot! Building has 8 total units that are 100% tenant occupied. Tenants are a mix of office and retail uses. Great signage and visibility. Currently at an 5% cap rate. Rents can be raised and cap rate improved. Proforma 8.5%.Perfect for a first time investor or seasoned investor. Very little maintenance, large parking lot, and very close to 2nd St, 8 freeway & Jamacha rd.
    Exterior Features

    Lot Features Corner Lot

    Property Features

    Cap Rate 8.5 Gross Scheduled Income 88800 Insurance Expense 900 Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Net Operating Income 72360 Operating Expense 88800 Property Sub Type Retail Special Listing Conditions Standard Trash Expense 180 Water Source See Remarks Zoning C-2

    Listing provided courtesy of Gus Jaleel of Exceptional Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-25T19:29:12.72. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
     
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