For Sale

Listed by Michael Morero from Coldwell Banker West

Source: San Diego MLS #PTP2503466

1011 El Cajon Boulevard, El Cajon, CA, 92020

$2,750,000

4
4
0.29 ac.

MultiFam

•

30+ days on the market

What's around 1011 El Cajon Boulevard

About this property

Welcome to Russos Garden Apartments. A well-maintained, family-owned and operated 10-unit multifamily property located at 10111013 El Cajon Blvd. in the heart of El Cajon. This centrally located complex offers a peaceful and private living environment just minutes from major freeways, shopping, and dining. The property consists of two buildings consisting of nine single-story units and one two-bedroom unit, with assigned off-street parking and a spacious landscaped walkway between buildings. Units are being renovated on a rolling basis, with updated units featuring tiled shower/tub combos, stainless steel appliances, quartz countertops, laminate wood flooring, and new cabinetry throughout. Each unit is equipped with new dual-pane windows, and the property has a recently installed roof on each of the buildings. Interiors offer open-concept layouts with a modern, neutral color palette that appeals to todays renters. An income-producing billboard on-site adds passive revenue and enhances the investment potential.

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