El Cajon, CA 92020,948 S Sunshine Ave.
El Cajon, CA 92020,948 S Sunshine Ave.
El Cajon, CA 92020,948 S Sunshine Ave.
El Cajon, CA 92020,948 S Sunshine Ave.
El Cajon, CA 92020,948 S Sunshine Ave.
El Cajon, CA 92020,948 S Sunshine Ave.
Alex Ortega
Alex Ortega

Agent | License ID: 01321114

+1(619) 454-3903

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$ 5,220,000

$ 5,700,000 8.4%

Est. payment | /mo

0.8 Acres Lot


$ 5,220,000

$ 5,700,000 8.4%

Est. payment | /mo

0.8 Acres Lot

Key Details

Sold Price $5,220,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 220027267SD

Sold Date 02/22/23

HOA Y/N No

Lot Size 0.800 Acres

Property Sub-Type Mixed Use

Property Description

- Available with contiguous properties at 922 and 966 S Sunshine for a total of 58-units - 19-Unit apartment building in great shape with moderately renovated interiors - All 900/SF 2 bed 1 bathroom units and 1, 4 bedroom 2 bath unit - 1977 construction - Great rental upside with current rents ~11% under market. - Unparalleled demand for apartments in San Diego with lowest vacancy in the county - Hard surface floors, upgraded cabinets - Ample surface parking available for tenants DO NOT GO ON PROPERTY OR DISTURB TENANTS - Reach out to broker for additional details and OM.

Location

State CA

County San Diego

Area 92020 - El Cajon

Interior

Fireplace No

Others

Tax ID 49233115

Financing Cash to New Loan

CRMLS – RECore
Listed by Erik Anderson NorthMarq Multifamily
Bought with Erik Anderson NorthMarq Multifamily
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+1(619) 454-3903

alex@theortegateam.com

900 Lane Ave, Chula Vista, CA, 91914-3503, USA

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948 S Sunshine Ave.