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948 S Sunshine Ave.

El Cajon, CA 92020
  • $5,700,000
  • STATUS: ACTIVE
  • ON SITE: 93 Days
  • ID#: 220027267
UPDATED: 61 min ago
$5,700,000
  • 6
    BEDS
  • 0.8
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

- Available with contiguous properties at 922 and 966 S Sunshine for a total of 58-units - 19-Unit apartment building in great shape with moderately renovated interiors - All 900/SF 2 bed 1 bathroom units and 1, 4 bedroom 2 bath unit - 1977 construction - Great rental upside with current rents ~11% under market. - Unparalleled demand for apartments in San Diego with lowest vacancy in the county - Hard surface floors, upgraded cabinets - Ample surface parking available for tenants DO NOT GO ON PROPERTY OR DISTURB TENANTS - Reach out to broker for additional details and OM.

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San Diego MLS logo 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 © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/134467769
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948 S Sunshine Ave. El Cajon, CA 92020

  • Price: $5,700,000
  • Status: ACTIVE
  • On Site: 93 Days
  • Updated: 61 min ago
  • ID#: 220027267
6
Beds
3
Baths
0
½ Baths
0.8
Acres
Neighborhood:
El Cajon (92020)
County:
San Diego
Area:
El Cajon (92020)
Property Description
- Available with contiguous properties at 922 and 966 S Sunshine for a total of 58-units - 19-Unit apartment building in great shape with moderately renovated interiors - All 900/SF 2 bed 1 bathroom units and 1, 4 bedroom 2 bath unit - 1977 construction - Great rental upside with current rents ~11% under market. - Unparalleled demand for apartments in San Diego with lowest vacancy in the county - Hard surface floors, upgraded cabinets - Ample surface parking available for tenants DO NOT GO ON PROPERTY OR DISTURB TENANTS - Reach out to broker for additional details and OM.
Interior Features

Sq Ft Of Improvement 17300

Property Features

Actual Gross Scheduled Income 0.0 Actual Operating Expense 0 Assumable Finance 0 Buildings 2 Complex Features Other/Remarks Gross Equity 0 Gross Multiplier 0 Have Units Mandatory Remarks None Known Market Area East County Motive Want Sale Unit Number1 18 Unit Number2 1 Unit Rent Total1 32400 Unit Rent Total2 2345 Unit Rent1 1800 Unit Rent2 2345

San Diego MLS logo Listing provided courtesy of Northmarq Multifamily: [IDXCONTACTINFORMATION]. Listing information © 2023 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo 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 © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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The Neuman Team Real Estate Inc.
516 5th Avenue
San Diego CA, 92101