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Jeffrey Walker

jeffrey@walkerpropertygroupca.com +1(949) 903-3731

$ 3,900,000

Est. payment | -/mo

0.53 Acres Lot

Save Virtual Tour

$ 3,900,000

Est. payment | -/mo

Save Virtual Tour

0.53 Acres Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 260007287SD

HOA Y/N No

Lot Size 0.530 Acres

Property Sub-Type Mixed Use

Property Description

275 S Mollison Avenue is a 13-unit apartment community offering a fully leased, turnkey investment opportunity. The property features recent upgrades throughout, including new flooring and modern bathroom finishes with floating vanities, creating a clean, contemporary feel that appeals to today's tenants.This asset delivers stable cash flow, low maintenance, and strong rental demand, all within a private setting and conveniently located near schools, shopping, and major freeways.The current ownership has completed significant improvements, including a full renovation of one unit following vacancy. Upgrades included new cabinetry, flooring, drywall, insulation, updated sliding doors, a remodeled bathroom, and relocation of the water heater to a new tankless system. Professionally managed by Sandirent Property Management for the past three years, the property has maintained consistent performance with no major tenant-related issues, providing investors with confidence in its ongoing operations.An excellent opportunity for investors seeking a stabilized, income-producing asset with upside potential.

Location

State CA

County San Diego

Area 92020 - El Cajon

Zoning R-3:RESTRI

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Roof Type Composition

Others

Tax ID 4882620300

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://www.propertypanorama.com/instaview/snd/260007287

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Farid Khayamian Bluxen, Inc. #01835318

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 903-3731

jeffrey@walkerpropertygroupca.com

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275 S Mollison El Cajon, CA 92020