Property is a 5.5% CAP on current income! The property has also permits to build 2 NEW CONSTRUCTION ADU's. Shovel ready. 337 N First St. is a six unit apartment complex the City of El Cajon. All units at this property have been renovated and the exterior has been upgraded with new paint and landscaping! The property sits on a 11,867 SF lot and has a total of 5,500 rentable square footage. The property has a favorable unit mix of all 2 BD 2 BA units. El Cajon is a growing market for multifamily and this investment will be a good addition to your portfolio!
Sold for $2,100,000
$2,100,000
337 N 1st St, El Cajon, CA 92021
10beds
10baths
--sqft
Multi Family
Built in ----
-- sqft lot
$1,543,100 Zestimate®
$--/sqft
$2,396 Estimated rent
Home value
$1,543,100
$1.33M - $1.79M
$2,396/mo
Zestimate® history
Owner options
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$2,396/mo
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$2,396/mo
Rent Zestimate®
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$13,202/mo
Est. payment
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$13,202/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Jason J Lee DRE #02068011 619-891-0403,
JLM Real Estate Inc.
Bought with:
Brandy Nelson, DRE #01471742
Source: SDMLS,MLS#: 230014843
Originating MLS: SDMLS
Originating MLS: SDMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 10
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 12
Features
- Stories: 2
Lot
- Dimensions: 11867
Details
- Zoning: R3
- Zoning description: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Community & neighborhood
Location
- Region: El Cajon
HOA & financial
HOA
- Association name: 3.2
Other financial information
- Total actual rent: 14682
Price history
| Date | Event | Price |
|---|---|---|
| 4/25/2024 | Sold | $2,100,000 |
Source:  SDMLS #230014843 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 92021
Nearby schools
GreatSchools rating
- 1/10Lexington Elementary SchoolGrades: K-5Distance: 0.5 mi
- 4/10Cajon Valley Middle SchoolGrades: 6-8Distance: 0.7 mi
- 3/10El Cajon Valley High SchoolGrades: 9-12Distance: 0.2 mi
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Estimated market value
$1,543,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,543,100
- California
- San Diego County
- El Cajon
- 92021
- 337 N 1st St
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