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listing
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Residential IncomeFor Sale
$2,995,000
594 Graves Ave
El Cajon, CA 92020
Listing Provided Courtesy of JLM Real Estate Inc
MLS: San Diego Multiple Listing Service (SDMLS)
19,973Sq Ft
Est. Mortgage
$15,560/mo

594 Graves is a 10 unit apartment complex with a desirable unit mix of 2 bedroom 1 bath units. The property sits on a 19,973 sq. ft. lot in El Cajon. The property has income producing laundry and storage closets onsite and there is still room for exterior upgrades. This apartment makes a great investment property and can reach a CAP rate of 7.2% if stabilized. Current rents range from $1300 to $1750 per month. 6 out of 10 units have been fully renovated and there is a new roof. The exterior of the property has been recently painted.

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Listing Courtesy of JLM Real Estate Inc. San Diego Multiple Listing Service, Inc. “SDMLS” Last Updated: 11/21/2024 03:51 AM
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