CA > El Cajon
El Cajon, CA 92020,310 S Anza
El Cajon, CA 92020,310 S Anza
El Cajon, CA 92020,310 S Anza
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$8,750,000
Est. payment /mo
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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250029807SD

HOA Y/N No

Property Sub-Type Mixed Use

Property Description

OFFERS DUE Wednesday, July 16th at 4pm pacific time. This low-density, garden-style community consists of 35 apartment homes spread over more than two acres, offering an attractive unit mix of studios, one-, two-, and three-bedroom floor plans. The property features abundant on-site parking with 54 spaces, including 14 garages, as well as community amenities such as laundry facilities and a leasing office. The asset offers both immediate value-add and long-term development upside. Of the 35 units, 21 remain unrenovated (60% of total units), presenting a significant opportunity to raise rents and achieve an estimated $410 rent premium (24% increase in rental income). Additionally, the large underutilized lot provides the potential to expand the community up to 44 units by right under current zoning, with options to convert garage spaces into Accessory Dwelling Units (ADUs) or additional living areas. Please contact Merrick Matricardi in listing office for link to Confidentiality Agreement for access to OM and due diligence information. 858-369-3085 or merrick.matricardi@kidder.com.

Location

State CA

County San Diego

Area 92020 - El Cajon

Interior

Fireplace No

Others

Tax ID 4882622600

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CRMLS – RECore
Listed by Eric Comer Eric D. Comer, Broker

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