Pending

337 N First Street

El Cajon CA, 92021

$2,150,000


Pending

Commercial

Listed by Jason Lee with JLM Real Estate Inc. 858-336-9688

Property is a 5.5% CAP on current income! The property has also permits to build 2 NEW CONSTRUCTION ADU's. Shovel ready. 337 N First St. is a six unit apartment complex the City of El Cajon. All units at this property have been renovated and the exterior has been upgraded with new paint and landscaping! The property sits on a 11,867 SF lot and has a total of 5,500 rentable square footage. The property has a favorable unit mix of all 2 BD 2 BA units. El Cajon is a growing market for multifamily and this investment will be a good addition to your portfolio!

230014843SD

MLS ID

August 1, 2023

Listed

March 28, 2024

Updated

Map

337 N First Street
El Cajon CA, 92021

Interior Features

Fireplace

No


Cooling

Yes


Heating

No

Exterior/Building Features

Lot Size

0.27 Acres

Other Property Details

Area Name

92021 - El Cajon


Days on Market

158


Garage

No


Parking Total

12


View

No


County

San Diego


Pool

No


Zoning

R3


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

3/11/2024

Pending

11/29/2023

Price Change

$2,150,000

-7%

8/29/2023

Active

8/26/2023

Pending

8/18/2023

Active

8/9/2023

Pending

Listing Contact: 858-336-9688 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/28/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/28/2024 at 3:14 PM UTC

 

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