Active

1140 & 1146 E Lexington Ave

El Cajon CA, 92019

$3,950,000


$373.63 per sqft

Active

5 Beds

10,572 sqft

Commercial

12 Turn Key Units with all of the Major Capital Improvements Completed. Current Owner recently installed and paid for Solar Panels eliminating most electric bills. In addition the roofs, windows, hot water heaters, parking gate, exterior paint have all been updated within the past couple years. All the interiors have been renovated in some fashion over the past 5-7 years. Rents are approximately 12% below market so with all the heavy lifting completed the new owner should be able to continue and raise rents in what is considered a very stable rental market.

240015800

MLS ID

July 10, 2024

Listed

October 2, 2024

Updated

Map

1140 & 1146 E Lexington Ave
El Cajon CA, 92019

Interior Features

Total Stories

2


Bedrooms

5


Appliances

Range, Refrigerator, Disposal


Floor Description

Vinyl


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

No

Exterior/Building Features

Lot Size

0.3 Acres


Lot Features

No Landscaping

Other Property Details

Area Name

East County


Garage

No


Parking Total

13


View

No


County

San Diego


Pool

No


Zoning

R3 Multipl

Listed by Marcus & Millichap, Thomas McCartin,
Listing Contact: 858-373-3100 

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