$1,395,000
For Sale

1284 Andover Road

El Cajon, CA 92019
0.28 acres | #PTP2406473
Listing OfficeKeller Williams Realty
Browse 55 photos
Type:Multi-Family
Structure:House
Zone:Commercial

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!

  • Property Details
      • Lot DescriptionTwoToFiveUnitsAcre, BackYard
      • Stories1
    • Measurements
      • Acres0.2789
    • Parking
      • Parking Spaces2
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1958
  • Community and Neighborhood Details
      • CountySan Diego
  • Financial Details
      • Original List Price$1,395,000
  • Other
      • MLS #PTP2406473

Location

Gary ElminoufiReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

Nearby Listings in 92019