Photo of Moira Tapia

Moira Tapia

DRE# 01300932

858.337.7269



$4,400,000

  • COMMERCIAL-RES INCOME
  • ACTIVE
  • MLS# 180018198

Description

We are pleased to present Franklin Avenue Apartments, a well maintained 24-unit community located in El Cajon, California. Constructed in 1958, the 2-story property is positioned on 0.51 acres with a favorable mix of floorplans including 14 one-bedroom/one-bath apartments and 10 two-bedroom/one-bath apartments. Residents enjoy 24 off-street parking spaces, two on-site laundry facilities, ample unit amenities, and an ideal location just 2-blocks from El Cajon Boulevard, the major thoroughfare going through El Cajon, La Mesa, and San Diego. With a Walk Score of 68, the location is “Somewhat Walkable” so residents can accomplish some errands on foot. Residents benefit from quick access to Interstate-8 and a transit-oriented neighborhood with many nearby public transportation options. Parkway Plaza, an enclosed mall with over 170 stores, is the premier shopping destination for San Diego’s East county and is conveniently located 2-miles away.

Property Details

Property type:
Commercial-Res Income

Location

County:
San Diego

Additional Details

Number of Units:
24
Price Per Unit:
$183,333
Down Payment:
$2,508,000
Gross Equity:
$4,400,000
SqFt of Improvement:
15,850
Assessors Parcel #:
487-531-07-00

Unit Details

Unit 1
Number of Units:
14
Number of Bedrooms:
1
Number of Baths:
1
Unit 2
Number of Units:
10
Number of Bedrooms:
2
Number of Baths:
1

Listing provided by

Marcus & Millichap
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El Cajon

El Cajon is the largest city in East County with approximately 100,000 residents. Nicknamed “The Big Box," it sits in a valley surrounded by mountains and is 15 miles east of Downtown San Diego. Within its 15 square miles are numerous parks, community centers and churches, almost two dozen elementary schools, six middle schools and six high schools. It also has three higher edu... Read More

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Presented By
Moira
Tapia

DRE# 01300932

858.337.7269

Email Me
Presented By
Moira
Tapia

DRE# 01300932

858.337.7269

Email Me

Willis Allen Real EstateThis 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 © 2018 Sandicor®, Inc.