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Sold for $3,685,000 on 11/04/24
  • $3,685,000

    1140 & 1146 E Lexington Ave, El Cajon, CA 92019

    5beds
    2baths
    10,572sqft
    Multi Family
    Built in ----
    -- sqft lot
    $3,638,600 Zestimate®
    $349/sqft
    $-- Estimated rent

    What's special

    12 Turn Key Units with all of the Major Capital Improvements Completed. Current Owner recently installed and paid for Solar Panels eliminating most electric bills. In addition the roofs, windows, hot water heaters, parking gate, exterior paint have all been updated within the past couple years. All the interiors have been renovated in some fashion over the past 5-7 years. Rents are approximately 12% below market so with all the heavy lifting completed the new owner should be able to continue and raise rents in what is considered a very stable rental market.

    Zillow last checked: 7 hours ago

    Listing updated: November 05, 2024 at 09:39am

    Listed by:

    Thomas McCartin DRE #01427348 858-373-3100,

    Marcus & Millichap

    Bought with:

    Thomas McCartin, DRE #01427348

    Marcus & Millichap

    Source: SDMLS,MLS#: 240015800MLS LogoOriginating MLS: San Diego Association of REALTOR

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    Cooling
    • Wall/Window
    Features
    • Flooring: Vinyl
    Interior area
    • Total structure area: 10,572
    • Total interior livable area: 10,572 sqft

    Property

    Parking
    • Total spaces: 13
    Features
    • Stories: 2
    Lot
    • Size: 0.30 Acres
    Details
    • Zoning: R3 Multipl
    • Zoning description: R3 Multipl
    • Special conditions: N/K

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Metal Fence, No Landscaping, Solar Owned

    Community & neighborhood

    Location
    • Region: El Cajon

    HOA & financial

    Other financial information
    • Total actual rent: 25245
    Services availability
    Get a cash offer in 3 minutes

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    Estimated market value

    $3,638,600

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $3,638,600