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Key Details
Sold Price $1,410,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 805 sqft
Price per Sqft $1,751
MLS Listing ID 240023019
Sold Date 11/22/24
Bedrooms 8
Full Baths 4
HOA Y/N No
Year Built 1974
Property Description
Your new turnkey, 5.7 CAP, CASH FLOWING 4plex awaits! Investors or owner occupant buyers look no further, this is the one that will actually pencil for your loan. Tenants pay 100% of utilities, enjoy extremely low expenses. Huge lot, potential to add ADUs. The property boasts four large 800 SF+ 2BR 1BA units, all have been remodeled in the last number of years and are well maintained. Significant property upgrades include a brand new roof, new stucco exterior, new paint and landscaping and new laundry machines, which are owned and produce income. The units all have AC cooling, and there is off street parking for all. Select units enjoy a private patio, and there is even an income producing soda machine on site! Call today with your interest!
Location
State CA
County San Diego
Area El Cajon (92020)
Building/Complex Name Cuyamaca
Exterior
Exterior Feature Stucco
Fence Partial
Roof Type Composition
Building
Story 1
Lot Size Range 7500-10889 SF
Level or Stories 1 Story
Others
Acceptable Financing Cash, Conventional, FHA, VA
Space Rent $2,138
Listing Terms Cash, Conventional, FHA, VA
Financing Cal Vet
Special Listing Condition Call Agent
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Bought with Frederick M Blum • Axia Real Estate Group, Inc.
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Najla Dearie Wehbe Dipp
Broker Associate | License ID: 02024371
Broker Associate License ID: 02024371