441 Claydelle Avenue

    El Cajon, CA 92020
    • $1,950,000
    • STATUS: Pending
    • ON SITE: 49 days
    • ID#: 190052712
    Pending
    UPDATED: 62 min ago
    $1,950,000
    • 0
      BEDS
    • 0.36
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    We are proud to present the Claydelle Avenue Apartment Homes, a nine-unit apartment community located in a quiet residential neighborhood of El Cajon. Situated on two separate parcels (488-241-46-00/488-241-47-00) and built in two phases 1969 & 1960, the property features three 3 bedroom/ 1 bath units, three 2 bedroom/ 1 bath units and three 1 bedroom/ 1 bath units. The two parcels consist of 6,302 total rentable square feet on 15,628 square feet of land. Select units have recently been renovated and there is immediate upside in rents for most units. In addition, the parking lot was recently recemented. The property features individual patios, yards, one garage, individual water heaters and a common area courtyard.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-13T14:31:18.83. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or First Team Real Estate. Licensed in the State of California, USA.
    www.theashleycooperteam.com/homes/99276214

    441 Claydelle Avenue El Cajon, CA 92020

    • Price: $1,950,000
    • Status: Pending
    • Updated: 62 min ago
    • ID#: 190052712
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.36
    Acres
    County:
    San Diego
    Property Description
    We are proud to present the Claydelle Avenue Apartment Homes, a nine-unit apartment community located in a quiet residential neighborhood of El Cajon. Situated on two separate parcels (488-241-46-00/488-241-47-00) and built in two phases 1969 & 1960, the property features three 3 bedroom/ 1 bath units, three 2 bedroom/ 1 bath units and three 1 bedroom/ 1 bath units. The two parcels consist of 6,302 total rentable square feet on 15,628 square feet of land. Select units have recently been renovated and there is immediate upside in rents for most units. In addition, the parking lot was recently recemented. The property features individual patios, yards, one garage, individual water heaters and a common area courtyard.
    Exterior Features

    Lot Size Units Square Feet

    Property Features

    Cap Rate 4.50 Country Us Gross Scheduled Income 145500.00 Net Operating Income 87830.00 Operating Expense 53305.00 Property Sub Type Commercial/Residential Zoning R-3

    Listing provided courtesy of Christopher Sarver of Acre Investment Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-13T14:31:18.83. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or First Team Real Estate. Licensed in the State of California, USA.
     
    First Team Real Estate
    CA,