We are pleased to present a 15-unit apartment complex located at 718 S. Magnolia Avenue in the City of El Cajon California. Built in 1969 the subject property is situated on 0.35 acres. The property is comprised of 12 one-bedroom/one-bath units and three two-bedroom/one-bath units totaling approximately 8775 rentable square feet. The complex consists of one two-story wood frame building with a concrete slab foundation and a pitched roof. Residents also enjoy the on-site modern laundry facilities gated swimming pool and controlled access entry. The new owner will enjoy the security of having the property situated near comparable apartment complexes local shopping and restaurants as well as having easy access to Interstate 8. This offering is perfect for a long-term investor seeking a pride of ownership multifamily investment. The property is being offered free and clear of debt.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
