$3,520,000
$3,895,000
9.6%For more information regarding the value of a property, please contact us for a free consultation.
0.53 Acres Lot
SOLD DATE : 04/30/2024
Key Details
Sold Price $3,520,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 240001031SD
Sold Date 04/30/24
HOA Y/N No
Lot Size 0.530 Acres
Acres 0.53
Property Description
We are pleased to offer for sale the Rockford Gardens (“The Property”), a 16-unit Value-Add multifamily community in the heart of Downtown El Cajon neighboring City Hall and Cajon Valley Middle School. Constructed in 1971, The Property is comprised of four (4) two-bedroom/one-bathroom units and twelve (12) one-bedroom/ one-bathroom units. Tenants enjoy on-site assigned parking, communal laundry facilities, a grass courtyard, two units with large private back yards, tremendous freeway access, walkable retail & public transit, parks, and recreational activities. Two separate areas on the property comprise roughly 6,100 SF that could be utilized for ground-up ADU development.
Location
State CA
County San Diego
Area 92020 - El Cajon
Interior
Fireplace No
Exterior
Total Parking Spaces 23
Others
Tax ID 4881126300
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Bought with Austin Huffman • Marcus & Millichap
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "