1011 Leslie Road
1011 Leslie Road El Cajon, California 92020 United States

$4,750,000
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This is a true value-add investment opportunity in the highly coveted center of El Cajon city. Offered to the market for the first time in 11 years, this prominently located, mid-century building features a secured courtyard, as well as asigend...

Bluxen, Inc

Listing Courtesy of Bluxen, Inc
$4,750,000
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.4177 Acres
Exterior
Commercial
Property type
210030879
Web Id
210030879
MLS ID
Grossmont Union High
School District
69
days ago
This Property is Currently Contract Pending

About 1011 Leslie Road

This is a true value-add investment opportunity in the highly coveted center of El Cajon city. Offered to the market for the first time in 11 years, this prominently located, mid-century building features a secured courtyard, as well as asigend parking. The excellent unit mix consists of FOUR 2bedrooms 1.5 bathrooms FOUR 2bedrooms 1bathroom and TEN 1bedroom 1bathroom with extra income from the laundry. Roof was replaced 10 years ago and the parking surface was replaced a year ago. As an investment, the Property offers investors an incredible value-add opportunity. With rents approximately 26% below projected market rents, an investor can implement a strategic interior and exterior renovation program to capture the strong market rents being achieved for luxury rentals in the immediate neighborhood. Amenities: BBQ Exterior: ,,

Listing Courtesy of Bluxen, Inc

features

cooling
Propane Heating
Additional Listing Type
In Contract

PROPERTY INFORMATION

Cooling
Wall/Window Unit(s)
Heating
Wall Furnace

EXTERIOR

Construction
Stucco

ADDITIONAL INFORMATION

Number of Units
18
Listing Courtesy of Bluxen, Inc
This El Cajon Commercial is for Sale at $4,750,000 USD. Has on a lot of .4177 Acres.

 

Bluxen, Inc

Listing Courtesy of Bluxen, Inc
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