424 Emerald Ave

    El Cajon, CA 92020
    • $3,850,000
    • STATUS: Pending
    • ON SITE: 57 days
    • ID#: 200006909
    Pending
    $3,850,000
    • 0
      BEDS
    • 0.38
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    424 Emerald is a Fourteen Unit Apartment Community that Offers a Fully Rented and Freshly Renovated Investment Opportunity. Professional Design Elements have been Implemented throughout from New Flooring to Floating Bathroom Vanities. This Asset Offers a Product for the Modern Tenant and Investor alike: Gated Community, Stabilized Cash Flow, Low Maintenance & High End Finishes w/ Convenient Access to Schools and Freeways. The Property Consists of Eleven 2BR/1BA Units & Three 3BR/1BA Units with Efficient Floor Plans in a Secure Complex. Additional Features include Gated Off-Street Parking, New Appliances, Tankless Water Heaters, and On-Site Laundry Room.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-09T00:31:00.78. 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 deemed reliable but is not guaranteed accurate by the MLS or Crudo & Associates | Willis Allen Real EstateLa Jolla. Licensed in the State of California, USA.

    www.sdluxe.com/homes/103104924

    424 Emerald Ave El Cajon, CA 92020

    • Price: $3,850,000
    • Status: Pending
    • ID#: 200006909
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.38
    Acres
    County:
    San Diego
    Property Description
    424 Emerald is a Fourteen Unit Apartment Community that Offers a Fully Rented and Freshly Renovated Investment Opportunity. Professional Design Elements have been Implemented throughout from New Flooring to Floating Bathroom Vanities. This Asset Offers a Product for the Modern Tenant and Investor alike: Gated Community, Stabilized Cash Flow, Low Maintenance & High End Finishes w/ Convenient Access to Schools and Freeways. The Property Consists of Eleven 2BR/1BA Units & Three 3BR/1BA Units with Efficient Floor Plans in a Secure Complex. Additional Features include Gated Off-Street Parking, New Appliances, Tankless Water Heaters, and On-Site Laundry Room.
    Exterior Features

    Lot Size Units Square Feet

    Property Features

    Cap Rate 5.10 Country Us Gross Scheduled Income 287392.00 Operating Expense 81472.00 Property Sub Type Commercial/Residential Zoning R-

    Listing provided courtesy of Adam Cairo of South Coast Commercial, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-09T00:31:00.78. 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 deemed reliable but is not guaranteed accurate by the MLS or Crudo & Associates | Willis Allen Real EstateLa Jolla. Licensed in the State of California, USA.

     
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    La Jolla CA, 92037