This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
638 El Cajon Blvd., El Cajon, CA 92020
$1,650,000
638 El Cajon Blvd., El Cajon, CA 92020View this property at 638 El Cajon Blvd., El Cajon, CA 92020
638 El Cajon Blvd.El CajonCA92020
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Outstanding opportunity to acquire The Boulevard, a 10 room multi-family property with an existing motel license for potential short-term rentals. The asset presents a rare opportunity to acquire a multi-family property in the center of the city's plan for "El Cajon Village". Work is already underway to give this corridor a "Main Street" feeling with a highly walkable environment. Additionally, the property includes on-site parking and laundry facilities for the convenience of residents. This one-of-a-kind offering allows an investor to acquire an existing hospitality asset and reposition to add value or the potential to create value by adaptively reusing the improvements for an alternative use such as multi-family apartments, and more. Buyer should consult with their consultants and the City for permissible uses, permit and entitlement processes, related restrictions and density/affordability bonus.
Full Property Details
Full Property Details for 638 El Cajon Blvd
General
- Sold For: $1,650,000
- Status: Closed
- Type: Multi-Family
- MLS ID: NDP2306716
- Added to Site: 274 day(s) ago
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
Location
- Area: 92020 - El Cajon
- County: San Diego
- Development Name: 92020 - El Cajon
- Driving Directions: I-8 East to El Cajon Blvd. I-8 West to 67/Magnolia > Main St > El Cajon Blvd.
Utilities
- Water: Public
- # Water Meters: 2
- # Gas Meters: 10
- # Electric Meters: 10
Structural Information
- Entry Location: Street
- Square Feet: 2,033
- Year Built: 1938
Lot Features
- Lot Size (Acres): 0.11
- Lot Size Source: Public Records
- Zoning: C-G
- Lot Description: Rectangular Lot, Paved, Walking Street
Financial Considerations
- Price Per Sq. Ft.: $811.61
- Price Per Unit: 180000
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
Listed by RDI Group - Rocket Realty, Rocket Glass
Sold by Commercial Asset Advisors, nonmls nonmls
Get Pre-Approved Today
Schools
Schools serving 638 El Cajon Blvd
School Districts:Cajon Valley Union School District, Grossmont Union High School District
Rating | Name | Grades | Distance |
---|---|---|---|
500 W Madison Ave, El Cajon, CA 92020 | K-5 | 0.8 mi | |
550 E Park Ave, El Cajon, CA 92020 | 6-8 | 1.2 mi | |
1100 Murray Dr, El Cajon, CA 92020 | 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 638 El Cajon Blvd
Date
Details
Price
Change
Source
12/22/2023
Sold
$1,650,000
-8.33%
MLS
10/12/2023
Price Reduced
$1,800,000
-5.26%
MLS
8/29/2023
Listed
$1,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
638 El Cajon Blvd., El Cajon, CA 92020 (MLS# NDP2306716) is a Multi-Family property that was sold at $1,650,000 on December 22, 2023. Want to learn more about 638 El Cajon Blvd.? 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.