431 Graves Ave - Health Care FOR SALE


El Cajon, CA 92020
$1,500,000 USD
702-866-9657
431 Graves Ave, El Cajon, CA for Sale
$1,500,000 USD
Health Care - FOR SALE
1/4
null | 4% Cap Rate

431 Graves Ave
El Cajon, CA 92020


HIGHLIGHTS

  • Existing income
  • Seller willing to provide a seller's carry financing for up to 50% of the purchase price
  • Can be reposition or redevelop with ADU's or multifamily
  • Property has solar panels that are fully paid for

OVERVIEW

CE Corp is pleased to present an exceptional investment opportunity: acquire the last remaining parcel on this block that has not yet been redeveloped into multifamily housing. Located in a rapidly densifying pocket of El Cajon, the site is zoned RM-6000 and spans approximately 11,000 square feet, offering immediate potential for medium- to high-density residential development. Please note: Property visits are by appointment only and must be arranged through the broker. For additional details or to submit an offer, please contact the broker directly.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$792 USD /SF

CAP RATE

4%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Health Care

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,588 SF

ZONING

RM-6000

APN/PARCEL ID

488-020-11

ASK ABOUT THIS PROPERTY

Cyrus RapinanCyrus & Emilia, Inc.More Info
702-866-9657

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Cyrus RapinanCyrus & Emilia, Inc.More Info
702-866-9657

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