$900,000
$1,000,000
10.0%For more information regarding the value of a property, please contact us for a free consultation.
1.95 Acres Lot
SOLD DATE : 02/03/2022
Key Details
Sold Price $900,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 210019354
Sold Date 02/03/22
HOA Y/N No
Lot Size 1.950 Acres
Acres 1.95
Property Description
BOM! MAJOR PRICE REDUCTION. OVER $400k BELOW APPRAISED VALUE! This is a very unique and interesting property with endless possibilities and opportunities. This is not your run of the mill investment property. There are 6 units of what was originally a motel and is now 6 small studios. And there is a 2 BR 1 BA SFR estimated to be 900 SF. Lastly, there are 3 large storage yards that have been rented and used for construction equipment and vehicle storage, etc. 2 of the units have garages plus a large flat fenced yard. The 3 unit does not have a garage but a very large fenced yard. 10 rentals in total. Property is zoned C-36. All of this on 1.95 acres of usable land! Mary Etta's café is across the street and the Blossom Flinn Station strip center is next door to the subject property. And Flynn Springs Regional park is located on the south side of the road, just west of the subject site. This is a very unique and interesting property with endless possibilities and opportunities. This is not your run of the mill investment property. There are 6 units of what was originally a motel and is now 6 small studios. And there is a 2 BR 1 BA SFR estimated to be 900 SF. Lastly, there are 3 large storage yards that have been rented and used for construction equipment and vehicle storage, etc. 2 of the units have garages plus a large flat fenced yard. The 3 unit does not have a garage but a very large fenced yard. 10 rentals in total. Property is zoned C-36. All of this on 1.95 acres of usable land! Gross Scheduled Income is $8,100. Mary Etta's café is across the street and the Blossom Flinn Station strip center is next door to the subject property. And Flynn Springs Regional park is located on the south side of the road, just west of the subject site. Exterior: ,,,
Location
State CA
County San Diego
Area 92021 - El Cajon
Zoning C-36
Interior
Heating See Remarks
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Roof Type Composition
Others
Tax ID 3960801100
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
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Bought with David Zimkin • Zimkin Realty