$3,520,000
$3,895,000
9.6%For more information regarding the value of a property, please contact us for a free consultation.
181 Ballantyne Street El Cajon, CA 92020
0.53 Acres Lot
Key Details
Sold Price $3,520,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 240001031
Lot Size 0.530 Acres
Property Description
We are pleased to offer for sale the Rockford Gardens (“The Property”), a 16-unit Value-Add multifamily community in the heart of Downtown El Cajon neighboring City Hall and Cajon Valley Middle School. Constructed in 1971, The Property is comprised of four (4) two-bedroom/one-bathroom units and twelve (12) one-bedroom/ one-bathroom units. Tenants enjoy on-site assigned parking, communal laundry facilities, a grass courtyard, two units with large private back yards, tremendous freeway access, walkable retail & public transit, parks, and recreational activities. Two separate areas on the property comprise roughly 6,100 SF that could be utilized for ground-up ADU development.
Location
State CA
County San Diego
Area El Cajon (92020)
Interior
Cooling Central Forced Air Elec
Exterior
Garage Spaces
Building
Story 2
Others
Space Rent $297,840
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Bought with Austin Huffman • Marcus & Millichap