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.
For sale
$3,900,000
275-99 S Mollison Ave, El Cajon, CA 92020
14beds
--sqft
Townhouse
Built in ----
0.53 Acres Lot
$3,848,300 Zestimate®
$--/sqft
$-- HOA
What's special
Private settingRecent upgrades throughoutNew flooringClean contemporary feelRemodeled bathroomUpdated sliding doorsNew cabinetry
- 166 days
- 71
- 2
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#: 260007287
Originating 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
$3,848,300
$3.66M - $4.04M
$2,239/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2026 | Price change | $3,900,000-1.3% |
Source: | ||
| 3/27/2026 | Listed for sale | $3,950,000-12.2% |
Source: | ||
| 8/12/2025 | Listing removed | $4,500,000 |
Source: | ||
| 8/3/2025 | Price change | $4,500,000-3.2% |
Source: | ||
| 6/23/2025 | Listed for sale | $4,650,000+42.2% |
Source: | ||
| 1/22/2022 | Sold | $3,270,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 92020
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