638 El Cajon Blvd

  • El Cajon

  • $938,000
  • Acres
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Commercial Sale Details

Description & Essential
Description
Central El Cajon Motel/Aptartments--CASH flowing asset you’ve been looking for! 638 El Cajon Blvd is a 10 unit motel with long term extended stay tenants centrally located in El Cajon within close proximity to 8 Highway and the El Cajon Transit Center. It is also only a few minutes walk to downtown El Cajon, where there is shopping, a library, and various restaurants. The property has undergone recent renovations including upgrades to most major systems, the exterior as a whole, & the interior of units. It is zoned for hotel/motel use & can be run on a day-to-day, weekly, or on a monthly basis. Operating on a day-to-day basis will likely yield a higher cash flow, though all tenants currently on month-to-month basis. This property is easy to maintain with minimal external landscaping. It also includes an on-site laundry machine & parking for each unit. The rents include all utilities including cable and wifi as well. SOLAR has been installed. EZ to keep tenants!! Exterior: ,
Essential
MLS #180008482
Sub-TypeCommercial/Residential
CountySan Diego
StateCA
StatusPending
Number Of Buildings1
Listing BrokerageVilla Realty Inc.
Listing AgentBill Villa
Listing Agent BRE #01144417

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Based on information from California Regional Multiple Listing Service, Inc. as of Monday, August 13, 2018. 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.