Welcome to this rare and exceptional investment opportunity located in the heart of El Cajon. This multi-family property boasts immense potential for savvy investors seeking to capitalize on a lucrative rental market. With its fantastic location near the bustling Magnolia shopping and restaurant district, this property offers convenience, amenities, and a desirable lifestyle for tenants.
3 ON 1 PLUS office & guest quarters. Three Separate 2-Bedroom Units: Each unit offers spacious living areas, two bedrooms, a well-appointed kitchen, and a comfortable bathroom. Ideal for attracting tenants seeking modern and comfortable living spaces.
Separate Studio Guest Suite: The additional studio guest suite provides versatility for tenants or potential use as an owner's unit. It's a perfect space for extended family members or guests.
Separate Office: This feature presents a unique opportunity for tenants seeking a work-from-home setup or a small business owner looking for office space. An impressive on-site storage shed offers the owners and/or tenants the convenience of extra space for their belongings. The property provides ample parking, a valuable amenity that tenants will greatly appreciate.
Large Covered Patio: Owners and/or Tenants can enjoy outdoor gatherings and relaxation on the spacious covered patio.
Laundry Room: The on-site laundry room ensures tenants' comfort and saves them the hassle of finding alternative laundry facilities.
Location, Location, Location:
Situated within walking distance of the vibrant Magnolia shopping and restaurant district, tenants will have easy access to a variety of shops, dining options, and entertainment venues. The property's central location also allows for straightforward commuting and access to major transportation routes.
As-Is Condition:
The property is being sold as-is, offering the new owner the chance to make strategic updates and capitalize on rental demand. While some areas have received updates, there is room for additional personal touches to enhance the property's appeal and rental income potential.
This multi-family property is an exceptional investment opportunity, perfectly positioned in this thriving rental market. With multiple units, a separate studio guest suite, an office, ample parking, and various desirable features, the potential for increased rental income is significant. Act now and unlock the vast potential of this prime real estate gem.
OWNERS REQUEST NOT TO BE DISTURBED, PLEASE.