638 El Cajon, El Cajon, CA 92020

$797,000 Approx. USD 0 beds, 0 baths
1,952 sqft

Agent Remarks

Central El Cajon Motel/Aptartments--CASH flowing asset you’ve been looking for! 638 El Cajon Blvd is a 10 unit motel with long term extended stay tenants centrally located in El Cajon within close proximity to 8 Highway and the El Cajon Transit Center. It is also only a few minutes walk to downtown El Cajon, where there is shopping, a library, and various restaurants. The property has undergone recent renovations including upgrades to most major systems, the exterior as a whole, & the interior of units. It is zoned for hotel/motel use & can be run on a day-to-day, weekly, or on a monthly basis. Operating on a day-to-day basis will likely yield a higher cash flow, though all tenants currently run on month-to-month leases. This property is easy to maintain with minimal external landscaping. It also includes an on-site laundry machine & parking for each unit. The rents include all utilities including cable and wifi as well. EZ to keep tenants!!

Listing Details

Property type: Com-Res Income (Multi-family)
Status: ACTIVE
MLS# 160033498
List price is $797,000 Reduced by $2,000 on 1/11/2017
Beds: 0
Baths: 0
1,952 sqft
1 Story,2 Story stories
0.12 acres
County: San Diego
Construction: Drywall,Stone
Exterior features: Cable Available,Part Fenced
Parking description: Spaces
Amenities: CTV Avail
Heating description: Wall
MLS area: EL CAJON (92020)

Last Updated: 4/20/2017

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This listing belongs to the EL CAJON (92020) MLS area

The listing is zoned COMMERCIAL.
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Lat/Long: 32.789448, -116.973572.
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Broker: Courtesy of Villa Realty Inc.
Listing Agent: William Villa

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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