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$1,395,000

Est. payment - /mo

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0.28 Acres Lot

Active

1284 Andover Rd El Cajon, CA 92019

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

10/19/2024 03:47 AM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision El Cajon

MLS Listing ID 240024883SD

HOA Y/N No

Year Built 1958

Lot Size 0.279 Acres

Acres 0.2789

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

Area 92019 - El Cajon

Building/Complex Name Rancho El Cajon

Zoning R-1:SINGLE

Interior

Cooling Central Air, Wall/Window Unit(s)

Fireplace No

Exterior

View Y/N No

Roof Type Composition

Building

Story 1

Entry Level One

Level or Stories One

Others

Senior Community No

Tax ID 4893332100

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Listed by Athir Markos • Keller Williams Realty

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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