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Key Details
Sold Price $950,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 400 sqft
Price per Sqft $2,375
Subdivision La Mesa
MLS Listing ID 240021891
Bedrooms 4
Full Baths 3
Year Built 1960
Lot Size 6,341 Sqft
Property Sub-Type Res Income 2-4 Units
Type of Financing Cash,Conventional,FHA,VA
Property Description
Looking for the right investment property that checks off so many boxes?! This is the one for you! Whether you're looking to live in one unit and rent the others, potentially split the lot, buy and hold for cash flow, develop potentially 14 units, or put a dispensary (Conditional use permit already approved), this property offers it all. Each of the 3 units features all new paint, floor, and countertops which makes this property completely move in ready! With the mixed use C-D-MU zoning there's massive upside potential here with potentially being able to put 14 units here and having the rents from the 3 units help pay holding costs. The property has 2 street frontages on both Hillside and El Cajon Blvd which provides endless opportunities for future development. Located in close proximity to Downtown La Mesa, 8 freeway, El Cajon Blvd and all of the best La Mesa has to offer this is a great opportunity that you won't want to miss.
Location
State CA
County San Diego
Community La Mesa
Area La Mesa (91942)
Building/Complex Name None Known
Zoning Commercial
Interior
Fireplaces Number 1
Exterior
Exterior Feature Stucco
Fence Partial
Roof Type Metal,Other/Remarks
Building
Story 1
Sewer Sewer Connected
Others
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
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Bought with Adam King • NewTown Real Estate
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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