Discover a remarkable chance to invest in a strategically located parcel of land with plans for multi-unit development. This property offers the potential for five fully designed residential units, ideal for generating rental income or for resale opportunities. Positioned in the heart of El Cajon, it benefits from close proximity to major freeways and bustling shopping centers, providing unparalleled convenience for future tenants or buyers. The land is situated within an area with city-approved plans aimed at enhancing transit, housing, and public spaces. This forward-thinking development plan ensures a promising future for the neighborhood, making it a smart investment for both immediate returns and long-term growth. Whether you're looking to capitalize on rental income or take advantage of a high-demand real estate market, this property offers the ideal canvas for your next project. Seize this opportunity to be part of El Cajon's dynamic transformation!
MLS #
CRPTP2406200
MLS Source
California Regional MLS
Days on Site
130
HOA Fee
$0
Zoning
D1, LW, TNS
578 Millar Ave is in El Cajon, CA 92020. This Land is currently priced at $550,000.
This address can also be written as 578 Millar Ave, El Cajon, CA 92020.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of October 08, 2024. For the most current information, please contact Marlyn Gonzalez, (619) 210-5810