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4637-4643 El Cajon Blvd.

San Diego, CA 92115
  • $1,675,000
  • STATUS: ACTIVE
  • ON SITE: 15 days
  • ID#: 210019764
UPDATED: 66 min ago
$1,675,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1946
County:

School Ratings & Info

Description

Located in San Diego's City Heights, this CORNER PROPERTY IS A MIXED-USE RETAIL STRIP CENTER AT THE SIGNALIZED INTERSECTION OF EL CAJON BLVD AND MENLO AVE. It consists of 3 separate buildings consisting of 10 units: 8 retail and 2 residential. Occupancy is 100%. Based on current financials the cap rate is 5.19%. The improvements total 7,617 SF and the lot is 9,539 SF. The concentration of retail business along the boulevard is surrounded by dense residential undergoing revitalization including multifamily construction, the new Hoover High School, etc. The Walk Score there is 94. The property is zoned CUPD-CU-2-3. In the heart of Little Saigon, the submarket is known for its multicultural diversity and variety of restaurants and ethnic retail businesses. -Buyer to cooperate with Seller's 1031 exchange. -Access to property only with accepted offer. -PLEASE DO NOT DISTURB TENANTS. -Offering Memorandum is available in Documents

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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/119314600
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4637-4643 El Cajon Blvd. San Diego, CA 92115

  • Price: $1,675,000
  • Status: ACTIVE
  • Updated: 66 min ago
  • ID#: 210019764
0
Beds
0
Baths
0
½ Baths
0.22
Acres
1946
Built
Neighborhood:
San Diego (92115)
County:
San Diego
Area:
San Diego (92115)
Property Description
Located in San Diego's City Heights, this CORNER PROPERTY IS A MIXED-USE RETAIL STRIP CENTER AT THE SIGNALIZED INTERSECTION OF EL CAJON BLVD AND MENLO AVE. It consists of 3 separate buildings consisting of 10 units: 8 retail and 2 residential. Occupancy is 100%. Based on current financials the cap rate is 5.19%. The improvements total 7,617 SF and the lot is 9,539 SF. The concentration of retail business along the boulevard is surrounded by dense residential undergoing revitalization including multifamily construction, the new Hoover High School, etc. The Walk Score there is 94. The property is zoned CUPD-CU-2-3. In the heart of Little Saigon, the submarket is known for its multicultural diversity and variety of restaurants and ethnic retail businesses. -Buyer to cooperate with Seller's 1031 exchange. -Access to property only with accepted offer. -PLEASE DO NOT DISTURB TENANTS. -Offering Memorandum is available in Documents
Exterior Features

Location CornerFree StandingStrip Center Parking Metered

Interior Features

Sq Ft Of Improvement 7617 Stories 1 Story

Property Features

Actual Gross Scheduled Income 123523.0 Actual Operating Expense 35506 Assumable Finance 0 Buildings 3 Commercial Property Type Retail Sale Common Area Maintenance 0 Have Retail Corner 3 Buildings Mandatory Remarks None Known Market Area Metro Uptown Monthly Rent Total 10397 Monthly Rent1 1905 Monthly Rent10 1025 Monthly Rent2 1625 Monthly Rent3 845 Monthly Rent4 600 Monthly Rent5 0 Monthly Rent6 825 Monthly Rent7 800 Monthly Rent8 1372 Monthly Rent9 1400 Motive Want Cash For 1031 Occupancy Percent 100 Overall Percent Vacant 0 Property Type Mixed UsageRetail Sale Includes Building Sales Restrictions N/K Short Sale No Sq Ft Source Tax Record Tenant Pays Electric Terms Cash Unit Number1 4641 Unit Number10 4284 Unit Number2 4639 Unit Number3 4637 Unit Number4 4296 Unit Number5 4294 Unit Number6 4292 Unit Number7 4290 Unit Number8 4288 Unit Number9 4286 Zoning Cu-2-3

Listing provided courtesy of Keller Williams Realty. 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