275 S Mollison Avenue is a 13-unit apartment community offering a fully leased, turnkey investment opportunity. The property features recent upgrades throughout, including new flooring and modern bathroom finishes with floating vanities, creating a clean, contemporary feel that appeals to today’s tenants.This asset delivers stable cash flow, low maintenance, and strong rental demand, all within a private setting and conveniently located near schools, shopping, and major freeways.The current ownership has completed significant improvements, including a full renovation of one unit following vacancy. Upgrades included new cabinetry, flooring, drywall, insulation, updated sliding doors, a remodeled bathroom, and relocation of the water heater to a new tankless system. Professionally managed by Sandirent Property Management for the past three years, the property has maintained consistent performance with no major tenant-related issues, providing investors with confidence in its ongoing operations.An excellent opportunity for investors seeking a stabilized, income-producing asset with upside potential.
- Heating System:
- Wall
- Cooling System:
- Wall/Window
- Parking:
- Carports
- Flooring:
- Slab
- Laundry Features:
- Leased
- Country:
- US
- State:
- CA
- County:
- SD
- City:
- El Cajon
- Zipcode:
- 92020
- Street:
- Mollison
- Street Number:
- 275-99
- Longitude:
- W117° 3' 0.2''
- Latitude:
- N32° 47' 34.3''
- Directions:
- Take the Mollison Ave exit,Head south on Mollison Ave,Continue for approximately 0.5 miles,Property will be on the right-hand
- Mls Area Major:
- East County
- Street Dir Prefix:
- S
- Zoning:
- R-3:RESTRI
- Office Name:
- Bluxen, Inc.
- Agent Name:
- Farid Khayamian
- Community Features:
- Other/Remarks
- Construction Materials:
- None
- Levels:
- 1 Story
- Number Of Units Total:
- 13
- On Market Date:
- 2026-03-27
- Stories:
- 1
- Virtual Tour:
- https://www.propertypanorama.com/instaview/snd/260007287
- Co List Agent Full Name:
- Ryan Khayamian
- Co List Agent Mls Id:
- 708805
- Co List Office Mls Id:
- 4916
- Co List Office Name:
- Bluxen, Inc.
- List Agent Mls Id:
- 645653
- List Office Mls Id:
- 4916
- Listing Term:
- Cash
- Mls Status:
- ACTIVE
- Modification Timestamp:
- 2026-06-05T17:14:55Z
- Originating System Name:
- SDMLS
- Special Listing Conditions:
- N/K
Residential Income
275-99 S Mollison, El Cajon, CA 92020
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- 260007287
- Price :
- $3,900,000
- Bedrooms :
- 14
- Bathrooms :
- 13
- Status :
- Active
- Full Bathrooms :
- 13
- Property Sub Type :
- Com-Res Income
- Roof:
- Composition