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441 Chambers St, El Cajon, CA 92020

Commercial property · 2 recorded sales since 2014

441 Chambers St, El Cajon, CA 92020 Sold June 2018 CRMLS
$1,192,000Sold June 2018

Listing Agent: Sean Bascom (DRE #01862044) · Listing Office: South Coast Commercial, Inc. · Contact: 619-226-6011 · Bought with: Eric Brazelton · Eric Brazelton, Broker · MLS #180022532 · Source: CRMLS

7
Units
4.89%
Cap Rate
$57,153
NOI
12,850 sqft
Lot Size
Commercial property
Type

About this commercial property

The Chambers Street Apartments is a seven unit multi-residential property located in the high demand rental market of Northwest El Cajon. The property is situated on a 12,850 sqft lot with 3,639 sqft of improved space. An investor will appreciate the ideal unit mix of three 2BR/1BA units and four 1BR/1BA units with plenty of off street parking at a total of 12 parking spots. This asset is extremely well maintained with recent renovations including: new exterior stone accents and paint, a resurfaced parking area, new fencing around yards and a new trash enclosure. Tenants enjoy a courtyard like setting with detached, private units, low maintenance hard surface flooring, updated appliances and kitchens and ceiling fans complemented by patios or enclosed yards. The Chambers Ave Apartments is excellently located near Parkway Plaza and the 8 freeway. Exterior: ,

Listing description from the June 2018 sale, as reported to CRMLS.

Sale history

$1,192,000
Sold June 2018 · listed $1,169,000, on market April 2018 · MLS #180022532 · Source: CRMLS
Listing Agent: Sean Bascom · Listing Office: South Coast Commercial, Inc. · Contact: 619-226-6011 · Bought with: Eric Brazelton · Eric Brazelton, Broker
$795,000
Sold June 2014 · listed $799,000, on market August 2013 · MLS #130044102 · Source: CRMLS
Listing Agent: Terry Moore · Listing Office: Apartment Consultants, Inc. · Contact: 619-299-3000 · Bought with: Roy Campos · Intero Real Estate Services
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