Listing provided courtesy of Benn Vogelsang of NorthMarq Multifamily. Last updated 2024-10-28 09:45:26.000000. Listing information © 2024 Sandicor.
Asking Price: $1,500,000
1349 Main Street, El Cajon CA 92021
Community: 92021 - El Cajon
This property was built in 0 and is priced at $1,500,000. Please see the additional details below.
Palm Residence is an 11-unit property that consists of one structure totaling 3,514 rentable square feet built in 1951 on a 12,979 square foot lot. There is a 1 Bedroom manager’s unit with a full kitchen and 10 studios without kitchens. All units have walk-in closets and large bathrooms. The property features 11 parking spaces, onsite laundry facilities and two large storage sheds. All tenants are month to month and there is 33% upside in rents. There is conditional approval for Single Room Occupancy use and more improvements are required for final approval. Buyer to verify property use, zoning and square footage. DO NOT WALK ON PROPERTY OR DISTURB TENANTS.