1140 E Lexington Ave

El Cajon, CA 92019

$3,950,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

calendar_month Built

Property Description

12 Turn Key Units with all of the Major Capital Improvements Completed. Current Owner recently installed and paid for Solar Panels eliminating most electric bills. In addition the roofs, windows, hot water heaters, parking gate, exterior paint have all been updated within the past couple years. All the interiors have been renovated in some fashion over the past 5-7 years. Rents are approximately 12% below market so with all the heavy lifting completed the new owner should be able to continue and raise rents in what is considered a very stable rental market.

Listing Information

List Price $3,950,000
Status Active
MLS 240015800SD
HOA $0
Type Commercial
Subtype Mixed Use
Lot Size 13,900
Structure Size N/A
DOM 34
Courtesy Of Marcus & Millichap
Listing Agent Thomas McCartin DRE#01427348

Interior Features

Total Bedroom
Bedrooms N/A
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: Thomas McCartin, Marcus & Millichap . *Based on information from the Association of REALTORS/Multiple Listing as of Aug 13th, 2024 at 7:37 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.