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    922 S Sunshine

    El Cajon, CA 92020
    • $3,950,000
    • STATUS: Active
    • ON SITE: 652 days
    • ID#: 190008299
    UPDATED: 83 min ago
    $3,950,000
    • 0
      BEDS
    • 0.8
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Huge rental upside as the current rents are very low. 4 units have been renovated with new kitchens, flooring, and bathrooms. This two story property was built in 1980 and sits on a 35,000 square foot lot. Casa Del Apartments features an attractive unit mix featuring 1 +GG Studio, 8 - 1 bedroom / 1 bath units, 3 - 2 bedroom / 1 bath units, and 8 +GG 2 bedroom / 1 +-+ bath units . The units are 100% Occupied with huge immediate rental upside. The tenants enjoy a courtyard setting, ample on-site parking, pool, and a spacious laundry room. The units feature large kitchens, dishwashers, air conditioning, and private balconies for the upper units and patios for the lower units. Exterior: ,

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-26T20:25:18.603. 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 The Alvarado Brothers | Ever Stewart Alvarado Broker. Licensed in the State of California, USA.

    www.thealvaradobrothers.com/homes/91773208
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    922 S Sunshine El Cajon, CA 92020

    • Price: $3,950,000
    • Status: Active
    • Updated: 83 min ago
    • ID#: 190008299
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.8
    Acres
    Neighborhood:
    92020 - El Cajon
    County:
    San Diego
    Area:
    92020 - El Cajon
    Property Description
    Huge rental upside as the current rents are very low. 4 units have been renovated with new kitchens, flooring, and bathrooms. This two story property was built in 1980 and sits on a 35,000 square foot lot. Casa Del Apartments features an attractive unit mix featuring 1 +GG Studio, 8 - 1 bedroom / 1 bath units, 3 - 2 bedroom / 1 bath units, and 8 +GG 2 bedroom / 1 +-+ bath units . The units are 100% Occupied with huge immediate rental upside. The tenants enjoy a courtyard setting, ample on-site parking, pool, and a spacious laundry room. The units feature large kitchens, dishwashers, air conditioning, and private balconies for the upper units and patios for the lower units. Exterior: ,
    Exterior Features

    Construction Materials Drywall WallsFrameStucco Lot Size Units Acres

    Interior Features

    Cooling Wall/Window Unit(S) Cooling YN Yes Heating Wall Furnace Heating YN Yes

    Property Features

    Cap Rate 3.00 Country Us Gross Scheduled Income 262728.00 Net Operating Income 120107.00 Operating Expense 137366.00 Other Income1 256.00 Property Sub Type Commercial/Residential Total Monthly Rent 21638

    Listing provided courtesy of Mark Morgan of Apartment Consultants, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-26T20:25:18.603. 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 The Alvarado Brothers | Ever Stewart Alvarado Broker. Licensed in the State of California, USA.

     
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