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1038 1024-44 Greenfield Drive

El Cajon, CA 92021
  • $2,800,000
  • STATUS: Active
  • ON SITE: 47 Days
  • ID#: WS22068512
UPDATED: 34 min ago
$2,800,000
  • 0
    BEDS
  • 0.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1972
County:

School Ratings & Info

Listing Agent(s): Brian Lai of Amca I (626-407-5198)


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 67The 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 incomeThe 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 Highlights8 Units Condo Style Apartments with 2 Bedrooms 1-1/2 Bathrooms

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-23T18:30:22.44. 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 Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/127415104
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1038 1024-44 Greenfield Drive El Cajon, CA 92021

  • Price: $2,800,000
  • Status: Active
  • On Site: 47 Days
  • Updated: 34 min ago
  • ID#: WS22068512
0
Beds
0
Baths
0
½ Baths
0.5
Acres
1972
Built
Neighborhood:
El Cajon
County:
San Diego
Area:
92021 - El Cajon
Property Description
1024-44 Greenfield Condo Style Apartment, a pride of ownership value-add 8 units property for sale in the heart of El Cajon in San Diego.It is set in a two story charming garden-style layout.? The property enjoys easy access to the Shopping Centers, several Recreation Center Park, Restaurants, Grossmont College, Interstate 8 and Interstate 67The property offer superior 8 units, 2 Bedrooms 1-1.2 Bathrooms units. Total building Space is approximately 9280 square feet with large Lot Size is approximately 21,930 square feet. The units are mostly renovated with below market rent and have room to further improve and push rent to market price.?($ 240,000.00) Projected annual rental incomeThe 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 Highlights8 Units Condo Style Apartments with 2 Bedrooms 1-1/2 Bathrooms
Exterior Features

Lot Features Corner Lot Number Of Separate Electric Meters 8 Parking Features Garage Faces Rear Parking Total 8 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN Yes Association Fee 0 Association YN No Common Interest None Community Features Sidewalks Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 187128 Gross Scheduled Income 187128 Insurance Expense 0 Land Lease YN No Laundry Features Electric Dryer HookupGas Dryer Hookup Levels Two Listing Agreement Exclusive Right To Sell Listing Service Limited Service Listing Terms Cash To New Loan Net Operating Income 0 New Construction YN No Number Of Separate Gas Meters 8 Number Of Separate Water Meters 2 Operating Expense 0 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning C



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-23T18:30:22.44. 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 Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
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Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Brian Lai of Amca I (626-407-5198)