1284 Andover Rd Active

El Cajon,CA 92019

$ 1395000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision El Cajon

MLS Listing ID 240024883SD

HOA Y/N No

Year Built 1958

Lot Size 0.279 Acres

Property Description

3 units on one lot for sale at El Cajon, CA 92019, gross monthly income approximately $10,700. Do not disturb occupants, Shown only with an accepted offer. 2 Units, and A 3rd one in the process of being built. There is also a potential to build 1 more! One-of-a-kind opportunity with exceptional potential in a 0.28-acre lot, featuring a recently renovated single-family house: a spacious 5-bedroom, 3-bathroom, and a Junior ADU 1-bedroom, 1-bathroom. Additionally, the homeowner is in process of building another house, 3bedroom, 2.5bath, and 1, 282 sqft. Also future option there is room available to build a 4th unit, 850 sqft ADU, enhancing its potential for substantial rental income and long-term value appreciation. Nestled in a prime location close to shopping, schools, and entertainment options, this property promises an unparalleled and highly desirable living experience. Seize this rare opportunity to invest in a burgeoning community with immense redevelopment potential. This ready-to-go investment is perfect for those looking to capitalize on a thriving market and secure substantial returns. Don't let this exceptional chance slip away!

Location

State CA

County San Diego

Area 92019 - El Cajon

Building/Complex Name Rancho El Cajon

Zoning R-1:SINGLE

Interior

Cooling Central Air,Wall/Window Unit(s)

Fireplace No

Exterior

View Y/N No

Roof Type Composition

Building

Story 1

Entry Level One

Level or Stories One

Others

Senior Community No

Tax ID 4893332100

Acceptable Financing Cash,Conventional,FHA,VA Loan

Listing Terms Cash,Conventional,FHA,VA Loan

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