638 El Cajon Blvd, El Cajon, CA 92020 | MLS 150047274 | Listing Information | Real Living Real Estate
Real Living Napolitano Real Estate
619-435-0135

638 El Cajon Blvd,  El Cajon CA, 92020

Status: Sold
MLS#: 150047274
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Real Living Napolitano Real Estate
619-435-0135

Listing Provided Courtesy Of: South Coast Commercial, Inc.
Last Updated: 12/10/2016 5:53 PM
Description for 638 El Cajon Blvd El Cajon, CA 92020
Central El Cajon Motel/Apts.--Under 8 GRM! This property has immense opportunity to be the cash flowing asset youâve been looking for! 638 El Cajon Blvd is a 10 unit motel centrally located in El Cajon within close proximity to 8 Highway and the El Cajon Transit Center. It is also only a few minutes walk to downtown El Cajon where there is shopping a library and various restaurants. The property has undergone significant renovations including upgrades to most major systems the exterior as a whole & the interior of units. It is zoned for hotel/motel use & can be run on a day-to-day weekly or on a monthly basis. Operating on a day-to-day basis will likely yield a higher cash flow though all tenants currently run on month-to-month leases. This property is easy to maintain with minimal external landscaping. It also includes an on-site laundry machine & parking for each unit. The rents include all utilities including cable and wifi as well. See more details under documents and the supplemental remarks
Price
Sold Price:
$680,000
Sold Date:12/10/2015
San Diego
150047274
Closed
Description
Central El Cajon Motel/Apts.--Under 8 GRM! This property has immense opportunity to be the cash flowing asset youâve been looking for! 638 El Cajon Blvd is a 10 unit motel centrally located in El Cajon within close proximity to 8 Highway and the El Cajon Transit Center. It is also only a few minutes walk to downtown El Cajon where there is shopping a library and various restaurants. The property has undergone significant renovations including upgrades to most major systems the exterior as a whole & the interior of units. It is zoned for hotel/motel use & can be run on a day-to-day weekly or on a monthly basis. Operating on a day-to-day basis will likely yield a higher cash flow though all tenants currently run on month-to-month leases. This property is easy to maintain with minimal external landscaping. It also includes an on-site laundry machine & parking for each unit. The rents include all utilities including cable and wifi as well. See more details under documents and the supplemental remarks
Listing Information
Property Type: Cluster, Other
0.11 Acres
10 Total
Neighborhood
Room Information
Driving Directions
From 8 freeway take the El Cajon Blvd exit. Drive approx 1 mile and property will be on your left hand side.
Financial Considerations
4875001100
$98,364
Listing Price History

El Cajon Real Estate

El Cajon is located in California. El Cajon, California 92020 has a population of 99,680.

The median household income in El Cajon, California 92020 is $45,750. The median household income for the surrounding county is $63,373 compared to the national median of $53,046. The median age of people living in El Cajon 92020 is 32.4 years.

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Courtesy: South Coast Commercial, Inc. Cody Evans
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2016 Sandicor®, Inc.
Information is deemed reliable but is not guaranteed.

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