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$1,395,000
1284 Andover Rd El Cajon, CA 92019
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$1,395,000
Est. payment /mo
0.28 Acres Lot
Active
1284 Andover Rd El Cajon, CA 92019
UPDATED:
10/19/2024 03:47 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision El Cajon
MLS Listing ID 240024883SD
HOA Y/N No
Year Built 1958
Lot Size 0.279 Acres
Property Description
3 units on one lot for sale at El Cajon, CA 92019, gross monthly income approximately $10,700. Do not disturb occupants, Shown only with an accepted offer. 2 Units, and A 3rd one in the process of being built. There is also a potential to build 1 more! One-of-a-kind opportunity with exceptional potential in a 0.28-acre lot, featuring a recently renovated single-family house: a spacious 5-bedroom, 3-bathroom, and a Junior ADU 1-bedroom, 1-bathroom. Additionally, the homeowner is in process of building another house, 3bedroom, 2.5bath, and 1, 282 sqft. Also future option there is room available to build a 4th unit, 850 sqft ADU, enhancing its potential for substantial rental income and long-term value appreciation. Nestled in a prime location close to shopping, schools, and entertainment options, this property promises an unparalleled and highly desirable living experience. Seize this rare opportunity to invest in a burgeoning community with immense redevelopment potential. This ready-to-go investment is perfect for those looking to capitalize on a thriving market and secure substantial returns. Don't let this exceptional chance slip away!
Location
State CA
County San Diego
Area 92019 - El Cajon
Building/Complex Name Rancho El Cajon
Zoning R-1:SINGLE
Interior
Cooling Central Air, Wall/Window Unit(s)
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 4893332100
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Listed by Athir Markos • Keller Williams Realty