Listing provided courtesy of Sam Powell of Regal Properties. Last updated 2024-09-07 08:15:30.000000. Listing information © 2024 Sandicor.
Asking Price: $1,299,000
1176 Flamingo Ave, El Cajon CA 92021
Community: 92021 - El Cajon
This Single Family Residence property was built in 1949 and is priced at $1,299,000. Please see the additional details below.
Dual Homes on One Lot with Expansion Potential! Introducing 1176-80 Flamingo Ave, a prime investment opportunity offering remarkable versatility and strong income potential. This property is ideal for investors seeking a profitable rental income, multigenerational housing solutions, or a strategic mortgage offset. The main home boasts over 1,900 SF of recently updated living space, featuring 3 spacious bedrooms, 2.5 baths, and an open floor plan, complete with energy-efficient solar panels. The second home, located just above the pool, provides an additional 1,000 SF of living space, offering 3 bedrooms and 2 baths collecting $3K in rents monthly. Situated on a generous 12,000 SF lot, there's ample space for both homes, with existing plans to add a third unit. This property not only delivers immediate rental returns but also offers significant upside potential through future development. Don't miss out on this rare investment opportunity with built-in expansion possibilities.
