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For sale
  • Price cut: $50K (6/5)
    $3,900,000

    275-99 S Mollison Ave, El Cajon, CA 92020

    14beds
    --sqft
    : 
    $25,977/mo
    Get pre-qualified
    Townhouse
    Built in ----
    0.53 Acres Lot
    $3,828,400 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Private settingRecent upgrades throughoutNew flooringClean contemporary feelRemodeled bathroomUpdated sliding doorsNew cabinetry
    275 S Mollison Avenue is a 13-unit apartment community offering a fully leased, turnkey investment opportunity. The property features recent upgrades throughout, including new flooring and modern bathroom finishes with floating vanities, creating a clean, contemporary feel that appeals to today’s tenants.This asset delivers stable cash flow, low maintenance, and strong rental demand, all within a private setting and conveniently located near schools, shopping, and major freeways.The current ownership has completed significant improvements, including a full renovation of one unit following vacancy. Upgrades included new cabinetry, flooring, drywall, insulation, updated sliding doors, a remodeled bathroom, and relocation of the water heater to a new tankless system. Professionally managed by Sandirent Property Management for the past three years, the property has maintained consistent performance with no major tenant-related issues, providing investors with confidence in its ongoing operations.An excellent opportunity for investors seeking a stabilized, income-producing asset with upside potential.
    121 days
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    47
    |
    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Farid Khayamian DRE #01835318 858-922-4845,

    Bluxen, Inc.,

    Ryan Khayamian DRE #02226223 858-900-1067,

    Bluxen, Inc.

    Source: SDMLS,MLS#: 260007287MLS LogoOriginating MLS: SDMLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 14
      • Bathrooms: 13
      • Full bathrooms: 13
      Heating
      • Wall
      Cooling
      • Wall/Window
      Appliances
      • Laundry: Leased
      Features
      • Flooring: Slab
      Interior area
      • Total structure area: 0
      Video & virtual tour

      Property

      Parking
      • Parking features: Carports
      Features
      • Levels: 1 Story
      • Stories: 1
      Lot
      • Size: 0.53 Acres
      Details
      • Parcel number: 4882620300
      • Zoning: R-3:RESTRI
      • Zoning description: R-3:RESTRI

      Construction

      Type & style
      • Home type: Townhouse
      • Property subtype: Townhouse
      Materials
      • None
      • Roof: Composition

      Community & HOA

      Community
      • Features: Other/Remarks
      Location
      • Region: El Cajon

      Financial & listing details

      • Date on market: 3/27/2026
      • Listing terms: Cash
      • Total actual rent: 24620

        Estimated market value

        $3,828,400

        $3.64M - $4.02M

        $2,711/mo

        Price history

        DateEventPrice
        6/5/2026Price change$3,900,000-1.3%
        Source: SDMLS #260007287 Report a problem
        3/27/2026Listed for sale$3,950,000-12.2%
        Source: SDMLS #260007287 Report a problem
        8/12/2025Listing removed$4,500,000
        Source: SDMLS #250018889 Report a problem
        8/3/2025Price change$4,500,000-3.2%
        Source: SDMLS #250018889 Report a problem
        6/23/2025Listed for sale$4,650,000+42.2%
        Source: SDMLS #250018889 Report a problem
        1/22/2022Sold$3,270,000
        Source: SDMLS #210027637 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 92020

        Getting around

        76 / 100
        Very Walkable
        38 / 100
        Some Transit
        58 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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