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411 S Johnson

El Cajon, CA 92020
  • $5,625,000
  • STATUS: PENDING
  • ON SITE: 16 Days
  • ID#: 210031626
Pending
UPDATED: 14 min ago
$5,625,000
  • 10
    BEDS
  • N/A
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Great investment opportunity for this 20,100 square foot, 3 building, 19 unit apartment complex with continuous upgrades and renovations to most units and buildings since 2017, including but not limited to new roofs, new water heaters, remodeled laundry room with owned machines, new kitchen cabinets, flooring, and bathroom cabinets Unit mix consists of: 11 - 3/2 approximately 1100 square feet and 8 - 2/2 approximately 1000 square feet. Gated apartment buildings. 30 parking spaces.

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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/123384208
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411 S Johnson El Cajon, CA 92020

  • Price: $5,625,000
  • Status: PENDING
  • On Site: 16 Days
  • Updated: 14 min ago
  • ID#: 210031626
10
Beds
8
Baths
0
½ Baths
N/A
Acres
Neighborhood:
El Cajon (92020)
County:
San Diego
Area:
El Cajon (92020)
Property Description
Great investment opportunity for this 20,100 square foot, 3 building, 19 unit apartment complex with continuous upgrades and renovations to most units and buildings since 2017, including but not limited to new roofs, new water heaters, remodeled laundry room with owned machines, new kitchen cabinets, flooring, and bathroom cabinets Unit mix consists of: 11 - 3/2 approximately 1100 square feet and 8 - 2/2 approximately 1000 square feet. Gated apartment buildings. 30 parking spaces.
Exterior Features

Parking Spaces Total 30 Units With Garages 0

Interior Features

Sq Ft Of Improvement 20100 Unit Furnished1 No Unit Furnished2 No Unit Furnished3 No Unit Furnished4 No Units With Ranges 19 Units With Refrigerators 19

Property Features

Actual Gross Scheduled Income 345008.0 Actual Operating Expense 169124 Assumable Finance 0 Buildings 3 Gross Equity 0 Gross Multiplier 16.53 Have 19 Units Leased Apartments 19 Mandatory Remarks None Known Market Area East County Motive Want Sell Short Sale No Tenant Pays Electric Y Tenant Pays Water Y Unit Number1 10 Unit Number2 7 Unit Number3 1 Unit Number4 1 Unit Rent Total1 17156 Unit Rent Total2 11051 Unit Rent Total3 0 Unit Rent Total4 0 Unit Rent1 Varied Unit Rent2 Varied Unit Rent3 0 Unit Rent4 0

Listing provided courtesy of Core Property Group. Listing information © 2021 San Diego MLS Inc. Source: SDMLS
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
 
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Neuman & Neuman Real Estate Inc.
516 5th Avenue
San Diego CA, 92101