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listing
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Residential IncomeFor Sale
$3,950,000
1140 & 1146 E Lexington Ave
El Cajon, CA 92019
Listing Provided Courtesy of Marcus & Millichap
MLS: San Diego Multiple Listing Service (SDMLS)
13,900Sq Ft
Est. Mortgage
$20,489/mo

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.

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Listing Courtesy of Marcus & Millichap. San Diego Multiple Listing Service, Inc. “SDMLS” Last Updated: 09/07/2024 09:16 PM
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