El Cajon, CA 92021,1038 1024-44 Greenfield DR

$2,800,000

Est.Price: ?

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Est. payment /mo

0.5 Acres Lot


SOLD DATE : 08/24/2022

Key Details

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Subdivision El Cajon

MLS Listing ID WS22068512

Sold Date 08/24/22

HOA Y/N No

Year Built 1972

Lot Size 0.500 Acres

Property Description

1024-44 Greenfield Condo Style Apartment, a pride of ownership value-add 8 units property for sale in the heart of El Cajon in San Diego.
It is set in a two story charming garden-style layout.? The property enjoys easy access to the Shopping Centers, several Recreation Center Park, Restaurants, Grossmont College, Interstate 8 and Interstate 67

The property offer superior 8 units, 2 Bedrooms 1-1.2 Bathrooms units. Total building Space is approximately 9280 square feet with large Lot Size is approximately 21,930 square feet. The units are mostly renovated with below market rent and have room to further improve and push rent to market price.?($ 240,000.00) Projected annual rental income

The complex offers investors the opportunity to purchase a well-maintained property with tremendous upside in San Diego's most affordable neighborhoods.? Investors have the ability to purchase the asset, decrease expenses through efficiencies and increase rents to market to create a well cash-flow asset in one of San Diego best performing markets.($ 240,000.00) Projected annual rental income

Investment Highlights

8 Units Condo Style Apartments with 2 Bedrooms 1-1/2 Bathrooms

Location

State CA

County San Diego

Area 92021 - El Cajon

Zoning C

Interior

Fireplace No

Laundry Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Parking Features Garage Faces Rear

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Sidewalks

Total Parking Spaces 8

Private Pool No

Building

Lot Description Corner Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4840127100

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Cash to New Loan

Special Listing Condition Standard

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CRMLS – RECore
Listed by BRIAN LAI AMCA I
Bought with TERRY MOORE APARTMENT CONSULTANTS INC
John Herkenrath

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

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