514 1st, El Cajon, CA 92021

$950,000
2
BD
59,640
SqFt
List Price
$950,000
Price Change
▼ $30,000 1492823097
Days on Market
245
Price Range
925000 - 950000
Status
ACTIVE
MLS#
170008070
Bedrooms
2
Living Sq. Ft
59,640
Lot Size(Range)
7,500-10,889 SF
Lot Size(apprx.)
10,261
Complex/Building Name
Na
Property Type
Multifamily
Year Built
1977

Property Description

Excellent Income Opportunity! Four Rental Units....Two - 3 Bedroom & 2 Bathroom spacious townhouses with balconies and large backyards. And two - 1 Bedroom & 1 Bathroom units with patio and backyards. Walking distance to shopping, schools and parks. Owner also has approved plans with the city of El Cajon to tear down both 1 bedroom units and build two new 3 Bedroom & 2 Bathroom units with four carports. This would dramatically increase the rents collected on the front units if the new buyer builds it.....

Additional Information

Actual Income Other
600
Annual Expense Actual
15360
Building Name
Na
Cooling
Attic Fan, Wall/Window
Gross Scheduled Income Actual
67800
Gross Scheduled Income Project
75000
Living Area
59,640
Lot Size
10,261
Lot Size Range
7,500-10,889 SF
Neighborhood
El Cajon
Pets
Yes
Roof
Composition, Tile/Clay
Stories
Other/Remarks
Style
Res Income 2-4 Units
Tenant Pays
Cable TV, Electricity, Gas/Propane
Year Built
1977

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of The Real Estate Agency