El Cajon, CA 92019,1140 E Lexington Ave
El Cajon, CA 92019,1140 E Lexington Ave
El Cajon, CA 92019,1140 E Lexington Ave
13
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$3,950,000
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0.32 Acres Lot
Active

1140 E Lexington Ave El Cajon, CA 92019

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UPDATED:

09/30/2024 06:46 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 240015800SD

HOA Y/N No

Lot Size 0.319 Acres

Property Description

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.

Location

State CA

County San Diego

Area 92019 - El Cajon

Zoning R3 Multipl

Interior

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Total Parking Spaces 13

Others

Tax ID 4892310400


California Regional MLS (CRMLS)
Listed by Thomas McCartin • Marcus & Millichap

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Chance Vanek

Agent | RE.S.0066702

+1(702) 305-3777

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1140 E Lexington Ave