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Listed by Michael Morero • Coldwell Banker West
$2,750,000
Est. payment /mo
Price Dropped by $240K
1011 13 El Cajon BLD El Cajon, CA 92020
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPTP2503466
Year Built 1952
Source California Regional MLS
Property Description
Welcome to Russo's Garden Apartments. A well-maintained, family-owned and operated 10-unit multifamily property located at 1011-1013 El Cajon Blvd. in the heart of El Cajon. This centrally located complex offers a peaceful and private living environment just minutes from major freeways, shopping, and dining. The property consists of two buildings consisting of nine single-story units and one two-bedroom unit, with assigned off-street parking and a spacious landscaped walkway between buildings. Units are being renovated on a rolling basis, with updated units featuring tiled shower/tub combos, stainless steel appliances, quartz countertops, laminate wood flooring, and new cabinetry throughout. Each unit is equipped with new dual-pane windows, and the property has a recently installed roof on each of the buildings. Interiors offer open-concept layouts with a modern, neutral color palette that appeals to today's renters. An income-producing billboard on-site adds passive revenue and enhances the investment potential.
Location
State CA
County San Diego
Area 92020 - El Cajon
Interior
Laundry Community Facility
Exterior
Garage Spaces 10.0
Pool None
Building
Lot Description Grade - Level
Others
Tax ID 4926420400
Special Listing Condition Not Applicable
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