$3,520,000
$3,895,000
9.6%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
11,400 SqFt
SOLD DATE : 04/30/2024
Key Details
Sold Price $3,520,000
Property Type Multi-Family
Sub Type Com-Res Income
Listing Status Sold
Purchase Type For Sale
Square Footage 11,400 sqft
Price per Sqft $308
MLS Listing ID 240001031
Sold Date 04/30/24
Bedrooms 3
Property Sub-Type Com-Res Income
Property Description
We are pleased to offer for sale the Rockford Gardens (“The Property”), a 16-unit Value-Add multifamily community in the heart of Downtown El Cajon neighboring City Hall and Cajon Valley Middle School. Constructed in 1971, The Property is comprised of four (4) two-bedroom/one-bathroom units and twelve (12) one-bedroom/ one-bathroom units. Tenants enjoy on-site assigned parking, communal laundry facilities, a grass courtyard, two units with large private back yards, tremendous freeway access, walkable retail & public transit, parks, and recreational activities. Two separate areas on the property comprise roughly 6,100 SF that could be utilized for ground-up ADU development.
Location
State CA
County San Diego
Area East County
Interior
Cooling Central Forced Air Elec
Fireplace No
Exterior
Parking Features Spaces
View Y/N No
Total Parking Spaces 23
Building
Story 2
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Bought with Austin Huffman Marcus & Millichap
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