$1,149,000

425 Millar Ave

El Cajon CA, 92020

Description

Fantastic Unit Mix: All 2 Bedroom Units (840sf) Prime West El Cajon Location Four (4) Single-Car Garages, Two (2) Carport Spaces Brand-New Roof (September 2020) Pride of Ownership Asset Ample Off-Street Parking Onsite Laundry Room Owned by Original Builder Residential, 30-year Fixed Financing Available Fantastic Investment or Owner-Occupant Opportunity High Demand Rental Market Easy Access to Local Services and Major Freeways This is a fantastic opportunity to purchase an extremely well-maintained four (4) unit complex in the high-demand rental market of El Cajon. The subject property is comprised of four (4) 2 bedroom / 1 bathroom units (840sf) with four (4) single-car garages, two (2) carport spaces and (2) surface parking spaces. The rear building has a large, common-area yard. This is a great opportunity for either an investor or an owner occupant buyer seeking a well-maintained property with spacious floorplans. A new owner can take advantage of the upside in rental income by upgrading the units with contemporary finishes as well as monetizing the storage area and garages. Exterior: Wood/Stucco Other Fees: 0 Unit # for Unit 1: A Unit # for Unit 2: B Unit # for Unit 3: C Unit # for Unit 4: D Number of Furnished Units: 0

Details

MLS#200053150
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1987
Days On Site46

Features

Units4
Building(s)1

Market Activity 92020

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Area Information
StateCA
CountySan Diego
CityEl Cajon
Zip Code92020
Area92020 - El Cajon92020 - El Cajon
Listing VS Median (in 92020)
Price:
$1,149,000
low | high
Med:
$649,500
93.472584856397% of Average
On Site:
46
low | high
Med:
90
51.111111111111% of Average
Listing Updated: January 4, 2021 4:58:58 PM PST
James Carter LogoMLS Number: 200053150
Listing Provided By:
James Carter  of  Apartment Realty Group (ARG)
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.