Excellent Investment for an Investor looking to buy a secure income producing property. Many long term tenants in this 14 unit office building. Property is meticulously maintained and has had several recent improvements like the lobby tile flooring was upgraded, lobby and all common areas have been freshly painted. In the past few years the building exterior has been painted and most of the HVAC units have been replaced. This property is one of the cleanest office buildings in El Cajon and a great investment for any buyer.
Broadway Estates is a 16-unit multifamily investment property located at 1477 Broadway, El Cajon, California. Built in 1986, Broadway Estates offers exclusively spacious two-bedroom floor plans, each with two bathrooms and in-unit stackable laundry machines. Furthermore, the property offers desirable amenities including ample garage and surface parking, a spacious courtyard, private patios and balconies, and a swimming pool. Current ownership has invested significant capital into the property, with work completed since 2021 including new pool fencing, new patio fencing, a repaved concrete driveway, as well as a resurfaced pool and pool deck. Broadway Estates benefits from its optimal El Cajon location, in close proximity to an abundance of local area amenities. The property is situated within one mile of Madison Elementary School, Montgomery Middle School, and Granite Hills High School. Additionally, the property is located near shops and restaurants along 2nd Street and Main Street, two major thoroughfares in the area. Furthermore, Broadway Estates is located just over two miles from Parkway Plaza, one of the premier shopping destinations in the area with over 1.3 million square feet of retail, dining, and entertainment space.
Excellent Investment Opportunity! Current cap rate is 4.37% with the potential to increase it to a 6.5% cap rate. One block away from Highland Avenue. This property has two retail units, each at 700 square feet. The restaurant space rent has already been increased to market rate and the beauty saloon is currently below market rate with the ability to increase it to the same as the restaurant space now. This would bring you to the 6.5% cap rate. Tenants pay all their own utilities. Landlord pays taxes and insurance only.
YOUR VISION WANTED!! Could this possibly be a Drive Thru location, automotive repair shop, Auto dealership, YES! TO ALL THE ABOVE AND MORE! See attached Documents! Signaled intersection Average Daily Traffic Count 17,850 High Visibility Location Possible Multiple Ingress Egress Points Lot Size 16,191sf Meets or exceeds San Diego Countys minimum drive-through Queuing requirements* 9.5 Parking Spaces Per KSF of GFA
Lots of real estate and income for the money! A fully gated and leased 10-unit condo style apartment building. Desirable unit mix with larger 8 (2 bed / 1.5 Baths and two extra-large (1 bed / 1 bath, all 10 units have recent interior improvements, The complex offers investors the opportunity to purchase a pride of ownership well-maintained property with tremendous upside in San Diego's most desirable and affordable neighborhood. Investors can purchase the asset, decrease expenses through increased rents and create a well cash-flow asset in one of San Diego best performing markets. This is a rare opportunity for an investor to enjoy a stream of income in a highly desirable area. There is a laundry room currently in use that yields additional income This asset represents a unique offering with immediate value-add upside. All reasonable offers will be considered. Submit your offer today. Youll be glad you did.
There is a tenant currently occupying 1/2 of the building. They are on a month-to-month tenancy. The other part of the building was a Grangetto's garden supply.
Two lots on the corner of Robertson St and Day St for a total of 1.46 acres. These parcels are zone RMV5 and near a grocery store, restaurants and other amenities. A great opportunity to build in growing Ramona with rural town appeal. Both lots are included in price, APNs 282-130-17-00 and 282-130-18-00.
Prime location on busy E street (a major connector to the bayfront, I-5, and SR 805). This office building measures 1,512 SF with a lot Size of 4,878 SF. This centrally located property is a great user/owner location for: medical, legal or other professional office uses and potentially other business related uses like a restaurant/coffee shop. There are 6 separate office spaces including a reception area. There are five parking spaces & one ADA space. Buyer to verify their desired use with the City of Chula Visa. The property is zoned V-3 (West Village) *For permitted uses, copy the following link to the Chula Vista Urban Core Specific Plan Land Use Matrix: https://www.chulavistaca.gov/home/showpublisheddocument/11324/636395244748370000
Introducing this prime commercial property at 738 / 46 Main Street in Historic Old Town Ramona. Consisting of two units, totaling 3,500 square feet, ideal for owner/users or investors. In the heart of Ramona's Commercial Core, On the Main Street Promenade, this property offers great potential for a Main Street address business and investment opportunity. Rear alley access / On-Site Parking "10 spaces" as well as street parking. Don't miss out on this versatile space in Ramona's thriving commercial district.
Situated on the lively Broadway street in Chula Vista. Boasting excellent visibility and easy access to freeway 5, it presents an ideal locale for businesses seeking to capitalize on the Bayfront Development Project. This property stands as a lucrative investment within the rapidly expanding Chula Vista community. Both units are currently occupied by reliable tenants. Additionally, the property features a billboard that contributes to the overall revenue stream. Equipped with a 1.5-ton A/C and new windows, this building is a compelling opportunity not to be overlooked. Seize the chance to become part of Chula Vista's growth and success!
One of a kind Commercial Property, mixed use, with Business Building and a 2-bedroom house, on a 5,879sf lot. Elwood Bar faces the street and has an enclosed patio and outdoor space for the clientele. The 2-bedroom house is in back of the Bar is rented and has a small yard. The house is gated with a wraparound-part- fence and part-wall to ensure privacy. The address for the 2-bedroom house is 723 Broadway
1200 square foot commercial space. Was residential. Is located in V zone, which allows commercial. No permits obtained for conversion, which is why county square footage is smaller. Both units currently rented. Low rent. Both tenants are month to month. Can be rented as two units or one as there is a connecting door.
Turnkey investment property. High vehicle and foot traffic, high visibility on the corner of two of Fallbrook's main streets - E Mission and Main Ave. Property contains 5 units (102-114 E Mission), all of which are occupied with steady tenants at market rents. Has off-street and street parking. Property has been well maintained.
Investment Opportunity in Fallbrook! Just reduced $100k! Corner property with 3 lots being sold together and are zoned Commercial and Residential. The total of contiguous lots combined is approx 14,810 sq feet (.34 acre). Use of this property could be repositioned to suit new owners needs within county guidelines. The property has been used for a successful car sales business and zoning may indicate additional apartments may be added. One structure is an office building with hard-wired sprinkler system and security cameras, and is approx 640 sq feet. The second building is a duplex that is currently rented month-to-month to lng-standing tenants with a great paying history. Each duplex unit is approx 400 sq ft. One is rented for $1,250 per month and one is rented for $935 per month. This asset has high street visibility at the North end of town within walking distance to the heart of town, and may be suitable to a cash buyer, cash to new loan or a 1031 exchange property. Expenses are not shown in MLS, but will be shown to serious buyers only. All above remark info is per seller- buyer to verify.
