Property Details
About this Property
A welcome addition to your multi family portfolio! 5% Cap rate on ACTUALS with significant rental upside! Enjoy a steadily increasing cash flow stream by initiating the allowable rent increases annually and/or reaching market rent upon turnovers, or complete a substantial renovation to accomplish leading market rents sooner! The Woods is a 32 unit apartment community featuring a desirable unit mix of 100% 2BR/2BA units featuring large 913 sqft layouts, each with a walk-in closet and individual water heater. Units have TWO balconies or patios, and the property's amenities include 29 carports and 23 parking spaces, a sparkling pool, laundry facility, and landscaped grounds located on a sprawling 1.32 acre lot for residents to enjoy. Built in 1977, the community is well located in the sought after neighborhood of Granite Hills in El Cajon, which offers easy access to the 8 and 94 freeways and is contiguous to masterplan Rancho San Diego.
MLS Listing Information
MLS #
SD240014930
MLS Source
San Diego MLS
Parking, School, and Other Information
Garage/Parking
Carport, Other, Garage: Car(s)
Contact Information
Listing Agent
Christina Labowicz
Apartment Consultants Incorporated
License #: 02055851
Phone: (858) 876-5701
Co-Listing Agent
David Savage
License #: 00694099
Phone: (619) 300-8090
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 4 | – | – |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | – | 0/0 | – | $25,281 | – |
| 2 | – | – | 0/0 | – | $26,119 | – |
| 3 | – | – | 0/0 | – | $26,096 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
480 Jamacha Rd is a Residential Income in El Cajon, CA 92019. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $9,100,000 and was built in –. This address can also be written as 480 Jamacha Rd, El Cajon, CA 92019.
©2024 San Diego 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 San Diego MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of December 21, 2024. For the most current information, please contact Christina Labowicz, (858) 876-5701
