Pending

1349 E Main Street

El Cajon CA, 92021

$1,500,000


Pending

Commercial

Listed by Benn Vogelsang with NorthMarq Multifamily 415-250-4947

Palm Residence is an 11-unit property that consists of one structure totaling 3,514 rentable square feet built in 1951 on a 12,979 square foot lot. There is a 1 Bedroom manager's unit with a full kitchen and 10 studios without kitchens. All units have walk-in closets and large bathrooms. The property features 11 parking spaces, onsite laundry facilities and two large storage sheds. All tenants are month to month and there is 33% upside in rents. There is conditional approval for Single Room Occupancy use and more improvements are required for final approval. Buyer to verify property use, zoning and square footage. DO NOT WALK ON PROPERTY OR DISTURB TENANTS.

240020661SD

MLS ID

August 30, 2024

Listed

December 5, 2024

Updated

Map

1349 E Main Street
El Cajon CA, 92021

Other Property Details

Area Name

92021 - El Cajon


Days on Market

33


Garage

No


Parking Total

0


View

No


County

San Diego


Pool

No

Listing History

Date

Event

Price

10/3/2024

Pending

9/18/2024

Price change

$1,500,000

-7%

Listing Contact: 858-675-7865 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 12/5/2024 at 8:28 AM UTC

 

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