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El Cajon, CA 92021 337 N First Street

$2,150,000

Sold: Apr 25, 2024
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Presented By: JLM Real Estate Inc.;
  • MLS# 230014843
  • 08/01/2023
  • Request Tour
  • Request Info
  • BedBeds • 10
  • BathBaths • 10

Home Details

Property is a 5.5% CAP on current income! The property has also permits to build 2 NEW CONSTRUCTION ADU's. Shovel ready. 337 N First St. is a six unit apartment complex the City of El Cajon. All units at this property have been renovated and the exterior has been upgraded with new paint and landscaping! The property sits on a 11,867 SF lot and has a total of 5,500 rentable square footage. The property has a favorable unit mix of all 2 BD 2 BA units. El Cajon is a growing market for multifamily and this investment will be a good addition to your portfolio!
Presented By: JLM Real Estate Inc.;

General for 337 N First Street

# of Units (1)2
# of Units (2)1
# of Units (3)1
# of Units (4)1
# of Units (5)1
Buyer FinancingCash to New Loan
Days on Market158
Flood ZoneHazard Unknown
Sale/RentFor Sale
Tenant Pays ElectricY
Tenant Pays GasY
Total Units6
ZoningR3

Interior for 337 N First Street

# of Units w/Disposals6
# of Units w/Drapes
# of Units w/Garage
# of Units w/Ranges6
# of Units w/Refrigerator6
Baths in Unit 12.0
Baths in Unit 22.0
Baths in Unit 32.0
Baths in Unit 42.0
Baths in Unit 52.0
Bedrooms in Unit 12
Bedrooms in Unit 22
Bedrooms in Unit 32
Bedrooms in Unit 42
Bedrooms in Unit 52
Unit Furnished (1)0
Unit Furnished (3)0
Unit Furnished (4)0
Unit Furnished (5)0
Units w/Dishwashers6

Exterior for 337 N First Street

Car Port
Lot Dimensions11867
Lot Size Area2.5 through 5.0 Acres
Number of Buildings1
Total Parking12

Additional Details

Price History

1527188455

First Team Client Services

Price $2,150,000
MLS#230014843
List Date 08/01/2023
Property Type Income
Phone 714.964.3311
Request Tour
Request Info
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors