1430 Peach Ave - Apartments FOR SALE


El Cajon, CA 92021
$1,250,000 USD
408-368-5225
1430 Peach Ave, El Cajon, CA for Sale
$1,250,000 USD
Apartments - FOR SALE
1/5
null | 4.13% Cap Rate

1430 Peach Ave
El Cajon, CA 92021


HIGHLIGHTS

  • 3 single-story homes on a large 0.31-acre lot
  • Main home: 3BR/1BA + large bonus room, new roof
  • Private yard space (two units with their own backyard)
  • Separate laundry for all homes
  • Rare multi-home setup with strong income potential
  • Brand new roof

OVERVIEW

An exceptional opportunity awaits in the desirable area of El Cajon with rare offerings on a large lot with lots of possibilities: 3 single story homes situated on a spacious .31 acre lot with ample parking, two have their own backyard. Main home is 3BR/1BA, with a large bonus room ideal for an office, family room, or additional living space. Enjoy both front and rear yards and benefit from a new roof for added peace of mind. The two other homes are 2BR/1BA, one has an attached garage, both have bonus rooms! There is also an unpermitted studio that provides additional income. All homes have their own laundry facilities. Whether you are an investor seeking good revenues or a homeowner looking for versatility and long term value, this multi-home setup has loads of potential. Huge lot, feels like you own your own block! Trust sale. Permits unknown. Buyer and Buyer's Agent to conduct their own independent investigations and verify all information to their satisfaction, including but not limited to: permits, square footage, unit count, zoning, building modifications, financials, and any potential use of the property. Seller has never lived in this property. Sewer fee is part of property tax bill. Some rooms have been virtually staged.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$466 USD /SF

# OF UNITS

3

PRICE/UNIT

$416,667

CAP RATE

4.13%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1430-34 Peach Ave

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,666 SF

ZONING

RM-2200

APN/PARCEL ID

507-281-30

ASK ABOUT THIS PROPERTY

Daniel SipherLandmark Multifamily And DevelopmentMore Info
408-368-5225

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Daniel SipherLandmark Multifamily And DevelopmentMore Info
408-368-5225

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.