This property constructed in 1987, boasts a total square footage of 5,260 and is situated on a generous lot measuring 13,286 square feet. The property features a total of seven units, of which three are currently occupied, providing a solid foundation for potential rental income. All tenants are on a month-to-month lease, offering flexibility for future occupancy arrangements or lease adjustments. This property presents a unique investment opportunity in a thriving location.
This property constructed in 1987, boasts a total square footage of 5,260 and is situated on a generous lot measuring 13,286 square feet. The property features a total of seven units, of which three are currently occupied, providing a solid foundation for potential rental income. All tenants are on a month-to-month lease, offering flexibility for future occupancy arrangements or lease adjustments. This property presents a unique investment opportunity in a thriving location.
YOUR VISION WANTED!! Could this possibly be a Drive Thru location, automotive repair shop, Auto dealership, YES! TO ALL THE ABOVE AND MORE! See attached Documents! Signaled intersection Average Daily Traffic Count 17,850 High Visibility Location Possible Multiple Ingress Egress Points Lot Size 16,191sf Meets or exceeds San Diego County’s minimum drive-through Queuing requirements* 9.5 Parking Spaces Per KSF of GFA
We are pleased to present 1219 Persimmon Avenue, a charming 46-unit multifamily community located in El Cajon, California. Built in 1990, this well-maintained asset consists of (45) 516 SF One Bedroom / One Bath units & (1) 600 SF One Bedroom / One Bath permitted ADU. All second-floor units feature taller vaulted ceilings for a spacious open feel. *The property is restricted to senior tenants (62+). There are no income-related restrictions currently in place however if someone would like to take advantage of tax credit incentive programs there is opportunity if leasing units to lower income tenants.
The median home value in El Cajon, CA is $727,300. This is lower than the county median home value of $846,300. The national median home value is $338,100. The average price of homes sold in El Cajon, CA is $727,300. Approximately 40.33% of El Cajon homes are owned, compared to 56.86% rented, while 2.82% are vacant. El Cajon real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a El Cajon real estate agent to arrange a tour today!
El Cajon, California 92021 has a population of 106,043. El Cajon 92021 is less family-centric than the surrounding county with 32.9% of the households containing married families with children. The county average for households married with children is 33.76%.
The median household income in El Cajon, California 92021 is $58,193. The median household income for the surrounding county is $88,240 compared to the national median of $69,021. The median age of people living in El Cajon 92021 is 34.8 years.
The average high temperature in July is 86.1 degrees, with an average low temperature in January of 43.7 degrees. The average rainfall is approximately 14.1 inches per year, with 0 inches of snow per year.