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$ 10,500,000
Est. payment | /mo
0.89 Acres Lot
$ 10,500,000
Est. payment | /mo
0.89 Acres Lot
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 230011250
Lot Size 0.890 Acres
Acres 0.89
Property Description
We are pleased to present 1219 Persimmon Avenue, a charming 46-unit multifamily community located in El Cajon, California. Built in 1990, this well-maintained asset consists of (45) 516 SF One Bedroom / One Bath units & (1) 600 SF One Bedroom / One Bath permitted ADU. All second-floor units feature taller vaulted ceilings for a spacious open feel. *The property is restricted to senior tenants (62+). There are no income-related restrictions currently in place however if someone would like to take advantage of tax credit incentive programs there is opportunity if leasing units to lower income tenants.
Location
State CA
County San Diego
Area El Cajon (92021)
Interior
Cooling Wall/Window
Exterior
Parking Features Spaces
Roof Type Composition
Total Parking Spaces 50
Building
Story 2
Others
Space Rent $653,580
Listed by Jeff Diller • South Coast Commercial, Inc.
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Keegan Wetzel
Founder of Multifamily | License ID: 02153342