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.
Features
: Wall/Window Unit(s)
: Fenced
: Vinyl
Appliances
: Disposal, Refrigerator, Range
Address Map
US
CA
SD
El Cajon
92019
Lexington Ave
1140 & 1146
W117° 3' 26.8''
N32° 47' 34.5''
8 Freeway, exit Jamacha South, Right on Lexington
East County
E
R3 Multipl
Additional Info
Marcus & Millichap
Additional Information
: Stucco, Block
: No Landscaping
12
2
Listing Information
641894
62951
ACTIVE
2024-07-10T23:28:39Z
sdmls
: N/K
Residential Income Additional
1140 & 1146 E Lexington Ave, El Cajon Ca 92019
5 Bedrooms
10,572
$3,950,000
Listing ID #240015800
Basic Details
Property Type : Residential Income Additional
Listing Type : For Sale
Listing ID : 240015800
Price : $3,950,000
Bedrooms : 5
Square Footage : 10,572
Lot Area : 0.30 Acre
Status : Active
Property Sub Type : Com-Res Income
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