$550,000
578 Millar El Cajon, CA 92020
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$550,000
Est. payment /mo
8,400 Sqft Lot
UPDATED:
10/09/2024 01:07 PM
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PTP2406200
HOA Y/N No
Lot Size 8,400 Sqft
Acres 0.1928
Property Description
Discover a remarkable chance to invest in a strategically located parcel of land with plans for multi-unit development. This property offers the potential for five fully designed residential units, ideal for generating rental income or for resale opportunities. Positioned in the heart of El Cajon, it benefits from close proximity to major freeways and bustling shopping centers, providing unparalleled convenience for future tenants or buyers. The land is situated within an area with city-approved plans aimed at enhancing transit, housing, and public spaces. This forward-thinking development plan ensures a promising future for the neighborhood, making it a smart investment for both immediate returns and long-term growth. Whether you're looking to capitalize on rental income or take advantage of a high-demand real estate market, this property offers the ideal canvas for your next project. Seize this opportunity to be part of El Cajon's dynamic transformation!
Discover a remarkable chance to invest in a strategically located parcel of land with plans for multi-unit development. This property offers the potential for five fully designed residential units, ideal for generating rental income or for resale opportunities. Positioned in the heart of El Cajon, it benefits from close proximity to major freeways and bustling shopping centers, providing unparalleled convenience for future tenants or buyers. The land is situated within an area with city-approved plans aimed at enhancing transit, housing, and public spaces. This forward-thinking development plan ensures a promising future for the neighborhood, making it a smart investment for both immediate returns and long-term growth. Whether you're looking to capitalize on rental income or take advantage of a high-demand real estate market, this property offers the ideal canvas for your next project. Seize this opportunity to be part of El Cajon's dynamic transformation!
Discover a remarkable chance to invest in a strategically located parcel of land with plans for multi-unit development. This property offers the potential for five fully designed residential units, ideal for generating rental income or for resale opportunities. Positioned in the heart of El Cajon, it benefits from close proximity to major freeways and bustling shopping centers, providing unparalleled convenience for future tenants or buyers. The land is situated within an area with city-approved plans aimed at enhancing transit, housing, and public spaces. This forward-thinking development plan ensures a promising future for the neighborhood, making it a smart investment for both immediate returns and long-term growth. Whether you're looking to capitalize on rental income or take advantage of a high-demand real estate market, this property offers the ideal canvas for your next project. Seize this opportunity to be part of El Cajon's dynamic transformation!
Location
State CA
County San Diego
Area El Cajon (92020)
Building
Lot Description Curbs, Sidewalks
Lot Size Range 7500-10889 SF
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Marlyn Gonzalez • Compass