1140 & 1146 E Lexington Ave Active Save Request In-Person Tour Request Virtual Tour
El Cajon,CA 92019
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 240015800
Lot Size 0.319 Acres
Property Description
12 Turn Key Units with all of the Major Capital Improvements Completed. Current Owner recently installed and paid for Solar Panels eliminating most electric bills. In addition the roofs, windows, hot water heaters, parking gate, exterior paint have all been updated within the past couple years. All the interiors have been renovated in some fashion over the past 5-7 years. Rents are approximately 12% below market so with all the heavy lifting completed the new owner should be able to continue and raise rents in what is considered a very stable rental market.
Location
State CA
County San Diego
Area El Cajon (92019)
Zoning R3 Multipl
Interior
Cooling Wall/Window
Flooring Vinyl
Exterior
Exterior Feature Metal Fence,No Landscaping,Solar Owned
Building
Story 2
Others
Space Rent $302,940