$ 1,395,000
1284 Andover Rd El Cajon, CA 92019
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$ 1,395,000
Est. payment /mo
Active
1284 Andover Rd El Cajon, CA 92019
9 Beds
7 Baths
1,727 SqFt
UPDATED:
10/19/2024 03:47 AM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 1,727 sqft
Price per Sqft $807
Subdivision El Cajon
MLS Listing ID 240024883
Bedrooms 9
Full Baths 6
Half Baths 1
HOA Y/N No
Year Built 1958
Lot Size 0.279 Acres
Property Description
3 units on one lot for sale at El Cajon, CA 92019, gross monthly income approximately $10,700. Do not disturb occupants, Shown only with an accepted offer. 2 Units, and A 3rd one in the process of being built. There is also a potential to build 1 more! One-of-a-kind opportunity with exceptional potential in a 0.28-acre lot, featuring a recently renovated single-family house: a spacious 5-bedroom, 3-bathroom, and a Junior ADU 1-bedroom, 1-bathroom. Additionally, the homeowner is in process of building another house, 3bedroom, 2.5bath, and 1, 282 sqft. Also future option there is room available to build a 4th unit, 850 sqft ADU, enhancing its potential for substantial rental income and long-term value appreciation. Nestled in a prime location close to shopping, schools, and entertainment options, this property promises an unparalleled and highly desirable living experience. Seize this rare opportunity to invest in a burgeoning community with immense redevelopment potential. This ready-to-go investment is perfect for those looking to capitalize on a thriving market and secure substantial returns. Don't let this exceptional chance slip away!
Location
State CA
County San Diego
Community El Cajon
Area El Cajon (92019)
Building/Complex Name Rancho El Cajon
Zoning R-1:SINGLE
Interior
Cooling Central Forced Air, Wall/Window
Fireplaces Number 2
Exterior
Exterior Feature Stucco
Fence Gate
Roof Type Composition
Building
Story 1
Lot Size Range .25 to .5 AC
Level or Stories 1 Story
Others
Acceptable Financing Cash, Conventional, FHA, VA
Space Rent $4,500
Listing Terms Cash, Conventional, FHA, VA
Listed by Athir E Markos • Keller Williams Realty