Commercial property · 2 recorded sales since 2013
Listing Agent: Jason Lee (DRE #02068011) · Listing Office: JLM Real Estate Inc. · Contact: 858-336-9688 · Bought with: Jason Lee · JLM Real Estate Inc. · MLS #210033320 · Source: CRMLS
222 S Lincoln Ave is an 11 unit apartment complex in the City of El Cajon. This property is in great condition. 10 out of 11 units have been renovated, but the rents can still be raised and maximized by a new owner. The property sits on a 17,116 SF Lot and has a total of 9,328 SF of rentable SF. The property has a favorable unit mix of 2 bed 1.5 bath units and 1 bed 1 bath units. El Cajon is a booming market right now for multifamily and this secure investment will be a good addition to your portfolio. Offering Memorandum is in the documents Section.
Listing description from the May 2022 sale, as reported to CRMLS.