Hascall Realty, CA DRE #01241413
Rhonda Hascall, Hascall Realty, CA DRE #01241413Phone: (619) 838-9044
Email: [email protected]
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listing
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CommercialFor Sale
$2,995,000
594 Graves Ave
El Cajon, CA 92020
Listed by Jason Lee DRE#02068011 [email protected] JLM Real Estate Inc.
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$15,560/mo

594 Graves is a 10 unit apartment complex with a desirable unit mix of 2 bedroom 1 bath units. The property sits on a 19,973 sq. ft. lot in El Cajon. The property has income producing laundry and storage closets onsite and there is still room for exterior upgrades. This apartment makes a great investment property and can reach a CAP rate of 7.2% if stabilized. Current rents range from $1300 to $1750 per month. 6 out of 10 units have been fully renovated and there is a new roof. The exterior of the property has been recently painted.

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Information courtesy of JLM Real Estate Inc. is subject to verification and is not guaranteed.
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