660 S Mollison

    El Cajon, CA 92020
    • $5,900,000
    • STATUS: ACTIVE
    • ON SITE: 50 days
    • ID#: 190063991
    $5,900,000
    • 3
      BEDS
    • N/A
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    High demand units in El Cajon. (4) buildings with a mix of (12) 2br/1ba and (13) 1br/1ba units all with upside rent potential. Plenty of on-site parking with approx: 46 spaces. Good condition units with approx half featuring Distressed laminate wood flooring. Almost always 100 percent occupied. Community pool and laundry facility on site.

    Monthly Payment Calculator

    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 © 2020 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/101465857

    660 S Mollison El Cajon, CA 92020

    • Price: $5,900,000
    • Status: ACTIVE
    • ID#: 190063991
    3
    Beds
    2
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    El Cajon (92020)
    County:
    San Diego
    Area:
    El Cajon (92020)
    Property Description
    High demand units in El Cajon. (4) buildings with a mix of (12) 2br/1ba and (13) 1br/1ba units all with upside rent potential. Plenty of on-site parking with approx: 46 spaces. Good condition units with approx half featuring Distressed laminate wood flooring. Almost always 100 percent occupied. Community pool and laundry facility on site.
    Exterior Features

    Parking Spaces Roof Composition

    Interior Features

    Cooling Wall/Window Floor Coverings VinylWall To Wall Carpet Floors Other/Remarks Heating Wall Laundry Owned Sq Ft Of Improvement 18596 Stories 2 Story Units With Disposals 25 Units With Ranges 25 Units With Refrigerators 25

    Property Features

    Actual Cap Rate 4.5 Actual Gross Scheduled Income 385230 Actual Operating Expense 115642 Assumable Finance 0 Buildings 4 Existing Financing Conventional Fiscal Year From 18 Fiscal Year To 18 Gross Equity 5181000 Gross Multiplier 15.2 Have 25 Units (13 1Br & 12 2Br Mandatory Remarks None Known Market Area East County Monthly Rent Total 32937 Motive Want Cash Out Other Income Actual 1409 Present Loan 719000 Short Sale No Special Sellers Are Re Licensees Sq Ft Source Other/Remarks Terms Cash Unit Number1 13 Unit Number2 12 Unit Rent Total1 15925 Unit Rent Total2 17400 Unit Rent1 1225 Unit Rent2 1450

    Listing provided courtesy of Coldwell Banker West. Listing information © 2020 San Diego MLS Inc. Source: CRMLS
    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 © 2020 San Diego MLS, Inc. Licensed in the state of California.
     
    Neuman & Neuman Real Estate Inc.
    516 5th Avenue
    San Diego CA, 92101