Mike: 858-722-6847 & Jessica: 858-722-3441

Properties

10 unit apartment complex in El Cajon

0 Sqft - 298 Wisconsin Avenue, El Cajon, San Diego, California, United States 92020

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Property Description

PRICE REDUCED – Owner Found Upleg! With a clear easy path to a 6 cap, Marinella Apartments would be a complimentary asset to any investors portfolio. The complex was refurbished in 2008 with approximately $150,000 spent in renovations, and plans are now in place to add rear yard access and additional parking. The property is a 10 unit apartment complex featuring eight 2 bed/2 bath, one 2 bed/2 bath, and one 3bed/2 bath units. The property benefits from its close proximity to Interstate 8 and walking distance to city center shopping, restaurants and public transportation. Property is under new management and working to achieve 15{297c5c6b3ea17e3fbdea31491536c8876720203ac47d87d9888529190191d255} upside with market rents. Please do not contact tenants or property management firm. Buyer to verify all info contained in marketing brochure. Seller and agent make no warranties.

Basic Details
Property Type : Commercial
Listing Type : Sold
MLS # : 140050096
Price : $1,579,000
Bedrooms : 10
Bathrooms : 0
Half Bathrooms : 0
Square Ft : 0 Sqft
Year Built : 1963
Lot Area : 0 Sqft
Address Map
Country : US
State : CA
County : San Diego
City : El Cajon
Zipcode : 92020
Street Number : 298
Street : Wisconsin Avenue
Commercial Sold
  • MLS # : 140050096
  • Bedrooms : 10
  • Bathrooms : 0
  • Square Ft : 0 Sqft
$1,579,000
Agent info
Mike & Jessica Wolf
Ascent Real Estate
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