6759 El Cajon Blvd

    San Diego, CA 92115
    • $4,750,000
    • STATUS: Active
    • ON SITE: 32 days
    • ID#: 200010757
    Price Reduced
    UPDATED: 2 min ago
    $4,750,000
    • 0
      BEDS
    • 0.47
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    6759-69 El Cajon Boulevard is a 34 unit mixed use storefront and apartment complex that consists of 21,216 rentable square feet built around 1950 in different phases. The property is situated on a 20,485 square foot lot and was formally known as the Banner Building. The unit mix consists of (5) 2 Bedroom / 1 Bath units, (19) 1 Bedroom / 1 Bath units and (3) studios as well as onsite laundry facilities. Two studios and possibly a second bedroom are non-permitted. There are (7) storefront units with frontage to El Cajon Blvd. There are (3) garages and approximately 17 parking spaces. There is a courtyard and a picnic table on an upstairs patio and a unique entrance to the parking lot. The tenants are month to month and there is a tremendous upside in rents. The property has spacious floorplans and offers an investor additional upside in rents in the burgeoning Rolando Village Neighborhood near the College East District.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-06T13:30:59.443. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Camargo & Wilson Realty Team | Realty ONE Group Southwest. Licensed in the State of California, USA.

    www.tophomefinders.com/homes/103825255

    6759 El Cajon Blvd San Diego, CA 92115

    • Price: $4,750,000
    • Status: Active
    • Updated: 2 min ago
    • ID#: 200010757
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.47
    Acres
    County:
    San Diego
    Property Description
    6759-69 El Cajon Boulevard is a 34 unit mixed use storefront and apartment complex that consists of 21,216 rentable square feet built around 1950 in different phases. The property is situated on a 20,485 square foot lot and was formally known as the Banner Building. The unit mix consists of (5) 2 Bedroom / 1 Bath units, (19) 1 Bedroom / 1 Bath units and (3) studios as well as onsite laundry facilities. Two studios and possibly a second bedroom are non-permitted. There are (7) storefront units with frontage to El Cajon Blvd. There are (3) garages and approximately 17 parking spaces. There is a courtyard and a picnic table on an upstairs patio and a unique entrance to the parking lot. The tenants are month to month and there is a tremendous upside in rents. The property has spacious floorplans and offers an investor additional upside in rents in the burgeoning Rolando Village Neighborhood near the College East District.
    Exterior Features

    Lot Size Units Square Feet

    Property Features

    Cap Rate 3.44 Country Us Gross Scheduled Income 340728.00 Net Operating Income 163349.00 Operating Expense 167157.00 Property Sub Type Commercial/Residential Total Monthly Rent 28394

    Listing provided courtesy of Benn Vogelsang of South Coast Commercial, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-06T13:30:59.443. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Camargo & Wilson Realty Team | Realty ONE Group Southwest. Licensed in the State of California, USA.

     
    Camargo & Wilson Realty Team | Realty ONE Group Southwest
    41463 Margarita Road, Suite 100
    Temecula CA, 92591