$3,300,000
$3,400,000
2.9%For more information regarding the value of a property, please contact us for a free consultation.
222 S Lincoln Ave El Cajon, CA 92020
Key Details
Sold Price $3,300,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 210033320
Property Description
222 S Lincoln Ave is an 11 unit apartment complex in the City of El Cajon. This property is in great condition. 10 out of 11 units have been renovated, but the rents can still be raised and maximized by a new owner. The property sits on a 17,116 SF Lot and has a total of 9,328 SF of rentable SF. The property has a favorable unit mix of 2 bed 1.5 bath units and 1 bed 1 bath units. El Cajon is a booming market right now for multifamily and this secure investment will be a good addition to your portfolio. Offering Memorandum is in the documents Section.
Location
State CA
County San Diego
Area El Cajon (92020)
Building
Story 2
Others
Space Rent $213,000
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Bought with Jason J Lee • JLM Real Estate Inc.