275 S Mollison, El Cajon, CA 92020
- $3,900,000
- List Price
- $3,900,000
- Price Change
- ▼ $50,000 1780698478
- Status
- ACTIVE
- MLS#
- 260007287SD
- Lot Size
- 23,086
- Acres
- 0.53
- Days on Market
- 125
- Property Type
- Commercial
- Property Sub Type
- Mixed Use
Property Description
275 S Mollison Avenue is a 13-unit apartment community offering a fully leased, turnkey investment opportunity. The property features recent upgrades throughout, including new flooring and modern bathroom finishes with floating vanities, creating a clean, contemporary feel that appeals to today’s tenants.This asset delivers stable cash flow, low maintenance, and strong rental demand, all within a private setting and conveniently located near schools, shopping, and major freeways.The current ownership has completed significant improvements, including a full renovation of one unit following vacancy. Upgrades included new cabinetry, flooring, drywall, insulation, updated sliding doors, a remodeled bathroom, and relocation of the water heater to a new tankless system. Professionally managed by Sandirent Property Management for the past three years, the property has maintained consistent performance with no major tenant-related issues, providing investors with confidence in its ongoing operations.An excellent opportunity for investors seeking a stabilized, income-producing asset with upside potential.
Additional Information
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- Exterior Construction
- Drywall, Stucco
- Roof
- Composition
- Attached Structure
- Detached
- Number Of Units Total
- 13
Listing courtesy of Listing Agent: Farid Khayamian (info@bluxen.com) from Listing Office: Bluxen, Inc..
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.