This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
1322 N 1st Street, El Cajon, CA 92021
$4,100,000
1322 N 1st Street, El Cajon, CA 92021View this property at 1322 N 1st Street, El Cajon, CA 92021
1322 N 1st StreetEl CajonCA92021
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
1322 North 1st Street is a turnkey 13-unit apartment building in El Cajon, California. The asset is an attractively renovated 1987 construction with a coveted mix of 11 two-bed/one-and-one-half-bath and two three-bed/two-bath units. All units boast desirable townhome-style floor plans, in-unit laundry, central air and heating, and private patios. The property also features gated access, 21 surface parking spaces, and a shared back patio for tenants' enjoyment.
The property is well-located proximate to the 8 and 67 freeways, a short five-minute drive to the Parkway Plaza shopping mall, and a nine-minute drive from the site of a future Amazon warehouse that is anticipated to bring a significant 300+ jobs to the area.
1322 North 1st Street has solid rents in place and offers a new investor seven percent potential upside. Furthermore, a RUBS program is in place to recoup utility costs, minimize owner expenses, and maximize the potential return on this excellent investment property in a growing market.
Full Property Details
Full Property Details for 1322 N 1st St
General
- Sold For: $4,100,000
- Status: Closed
- Type: Multi-Family
- MLS ID: PW21227369
- Added to Site: 942 day(s) ago
Rooms
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
Location
- Area: 92021 - El Cajon
- County: San Diego
- Development Name: 92021 - El Cajon
- Driving Directions: North of Greenfield
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 12,968
- Year Built: 1987
Unit Information
Unit 1
- Number of Units: 11
- Total Bathrooms: 2
- Bedrooms: 2
Unit 2
- Number of Units: 2
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.457
- Lot Size Source: Assessor
- Zoning: C
- Lot Description: Rectangular Lot
Financial Considerations
- Price Per Sq. Ft.: $316.16
- Price Per Unit: 315385
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
Listed by Steven M. Bogoyevac, Broker, Steven Bogoyevac
Sold by San Diego Apartment Brokers, Jeff Castellaw
Get Pre-Approved Today
Schools
Schools serving 1322 N 1st St
School Districts:Cajon Valley Union School District, Grossmont Union High School District
Rating | Name | Grades | Distance |
---|---|---|---|
650 Greenfield Dr, El Cajon, CA 92021 | K-5 | 0.5 mi | |
1495 Greenfield Dr, El Cajon, CA 92021 | 6-8 | 1 mi | |
1035 E Madison Ave, El Cajon, CA 92021 | 9-12 | 1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1322 N 1st St
Date
Details
Price
Change
Source
11/22/2021
Sold
$4,100,000
—
MLS
10/13/2021
Listed
$4,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1322 N 1st Street, El Cajon, CA 92021 (MLS# PW21227369) is a Multi-Family property that was sold at $4,100,000 on November 22, 2021. Want to learn more about 1322 N 1st Street? Do you have questions about finding other Multi-Family real estate for sale in El Cajon? You can browse all El Cajon real estate or contact a Coldwell Banker agent to request more information.