229 Shady Lane, El Cajon, CA 92021
- $13,900,000
- List Price
- $13,900,000
- Status
- ACTIVE
- MLS#
- 260009381SD
- Days on Market
- 101
- Property Type
- Commercial
- Property Sub Type
- Mixed Use
Property Description
We are pleased to present Villa Capri, a 59-unit apartment community located near the heart of Downtown El Cajon, one of San Diego County’s most active and transit- oriented Tier-2 employment hubs. Positioned just 16 miles east of Downtown San Diego, the property sits within an energetic historic district surrounded by an array of shopping and dining options, year-round entertainment, theatre, and community events. The property is comprised of twenty-four (24) one bedroom/one-bathroom, sixteen (16) two-bedroom/one-bathroom, twelve (12) two-bedroom/two-bathroom, and seven (7) three-bedroom/two-bathroom floorplans that average over 816 sq ft. Each unit is equipped with electric appliances, above-range hood vents, bypass closet doors, and select private patios and balconies. Constructed in 1969, Villa Capri’s community amenities include a sparkling pool, landscaped courtyards, picnic and BBQ areas, ample off-street parking, and on-site laundry facilities. The property offers efficient regional connectivity, just 0.5 miles f rom Interstate 8, 2.5 miles f rom the El Cajon Transit Center, and only steps from a major bus stop at N 2nd St & E Main. Residents enjoy convenient access to key employment destinations including Downtown San Diego, Kearny Mesa, Mission Valley, and UTC, all reachable within approximately 25 minutes.
Additional Information
- Cooling
- Yes
- Attached Structure
- Detached
- Number Of Units Total
- 59
- Gross Scheduled Income
- $1,354,440
- Operating Expense
- 682226
Listing courtesy of Listing Agent: Austin Huffman (ahuffman@ipausa.com) from Listing Office: Marcus & Millichap.
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