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255 W Douglas Ave

El Cajon, CA 92020
  • $1,049,000
  • STATUS: Active
  • ON SITE: 37 Days
  • ID#: 220009056SD
UPDATED: 25 min ago
$1,049,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1983
County:

School Ratings & Info

Listing Agent(s): Stella Rogers of Stellar Estates (858-922-9889)


Description

Variance granted 2-4 Units. Also listed as a commercial property on MLS #220007254. This mixed use building is fully rented and has a long term tenant on a month-to-month basis. The 1st floor consists of 2 office spaces each with its own 1/2 bathroom. Both units have separate front doors facing S. Sunshine Street and also back doors facing the 7 car gated parking lot. Currently spaces can be used for office, retail or commercial use. These 2 units are addressed as 201 and 207 S. Sunshine St. The entire 2nd floor address is 255 W. Douglas Ave. and consists of a unit with 2 large bedrooms, 2 baths, and a large bonus room leading to an upper patio/balcony overlooking the back side of property. The upper unit also includes a washer and dryer, refrigerator, stove, dishwasher and is currently leased as residential and is month to month. Rents were last raised in February 2022 for the upper residential unit. The property is on a corner lot with great accessibility and easy access to HWY 8. The gated parking lot consists of 7 spaces that are ideal for any business or tenant. Units are Individually Metered for Electricity. Water is a shared meter among the 3 units. Sewer: Sewer Connected Unit # for Unit 1: 255 Unit # for Unit 2: 201 Unit # for Unit 3: 207 Number of Furnished Units: 0 Topography: LL

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-26T18:34:23.413. 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 The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
www.northsdrealty.com/homes/127821484
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255 W Douglas Ave El Cajon, CA 92020

  • Price: $1,049,000
  • Status: Active
  • On Site: 37 Days
  • Updated: 25 min ago
  • ID#: 220009056SD
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1983
Built
Neighborhood:
El Cajon
County:
San Diego
Area:
92020 - El Cajon
Property Description
Variance granted 2-4 Units. Also listed as a commercial property on MLS #220007254. This mixed use building is fully rented and has a long term tenant on a month-to-month basis. The 1st floor consists of 2 office spaces each with its own 1/2 bathroom. Both units have separate front doors facing S. Sunshine Street and also back doors facing the 7 car gated parking lot. Currently spaces can be used for office, retail or commercial use. These 2 units are addressed as 201 and 207 S. Sunshine St. The entire 2nd floor address is 255 W. Douglas Ave. and consists of a unit with 2 large bedrooms, 2 baths, and a large bonus room leading to an upper patio/balcony overlooking the back side of property. The upper unit also includes a washer and dryer, refrigerator, stove, dishwasher and is currently leased as residential and is month to month. Rents were last raised in February 2022 for the upper residential unit. The property is on a corner lot with great accessibility and easy access to HWY 8. The gated parking lot consists of 7 spaces that are ideal for any business or tenant. Units are Individually Metered for Electricity. Water is a shared meter among the 3 units. Sewer: Sewer Connected Unit # for Unit 1: 255 Unit # for Unit 2: 201 Unit # for Unit 3: 207 Number of Furnished Units: 0 Topography: LL
Exterior Features

Parking Total 0 Roof Rolled/Hot Mop

Interior Features

Cooling Central AirWall/Window Unit(S) Cooling YN Yes Heating Forced AirNatural Gas Heating YN Yes

Property Features

Association Fee 0 Cap Rate 2.9 Gross Scheduled Income 45180 Levels Two Listing Agreement Exclusive Right To Sell Listing Service Entry Only Listing Terms CashConventional Net Operating Income 30371 Possession See Remarks Senior Community YN No Tenant Pays Cable TvElectricity



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-26T18:34:23.413. 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 The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
 
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The Houston Team | Compass CA DRE#01991628
2100 Costa Del Mar
Carlsbad CA, 92009
Listing Agent(s): Stella Rogers of Stellar Estates (858-922-9889)