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1219 Persimmon Ave

El Cajon, CA 92021
  • $10,500,000
  • STATUS: Active
  • ON SITE: 457 Days
  • ID#: 230011250SD
UPDATED: 28 min ago
$10,500,000
  • 0
    BEDS
  • 0.89
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Listing Agent(s): Jeff Diller of South Coast Commercial, Inc. (619-226-6011) and Abe Peay of South Coast Commercial, Inc.(619-226-6011)


Description

We are pleased to present 1219 Persimmon Avenue, a charming 46-unit multifamily community located in El Cajon, California. Built in 1990, this well-maintained asset consists of (45) 516 SF One Bedroom / One Bath units & (1) 600 SF One Bedroom / One Bath permitted ADU. All second-floor units feature taller vaulted ceilings for a spacious open feel. *The property is restricted to senior tenants (62+). There are no income-related restrictions currently in place however if someone would like to take advantage of tax credit incentive programs there is opportunity if leasing units to lower income tenants.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-09-14T12:31:04.733. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Ramos Group | Keller Williams High Desert. Licensed in the State of California, USA.
www.carminsellshomes.com/homes/140550688
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1219 Persimmon Ave El Cajon, CA 92021

  • Price: $10,500,000
  • Status: Active
  • On Site: 457 Days
  • Updated: 28 min ago
  • ID#: 230011250SD
0
Beds
0
Baths
0
½ Baths
0.89
Acres
Neighborhood:
92021 - El Cajon
County:
San Diego
Area:
92021 - El Cajon
Property Description
We are pleased to present 1219 Persimmon Avenue, a charming 46-unit multifamily community located in El Cajon, California. Built in 1990, this well-maintained asset consists of (45) 516 SF One Bedroom / One Bath units & (1) 600 SF One Bedroom / One Bath permitted ADU. All second-floor units feature taller vaulted ceilings for a spacious open feel. *The property is restricted to senior tenants (62+). There are no income-related restrictions currently in place however if someone would like to take advantage of tax credit incentive programs there is opportunity if leasing units to lower income tenants.
Exterior Features

Construction Materials Frame Parking Total 50 Roof Composition

Interior Features

Cooling Wall/Window Unit(s) Cooling YN Yes Heating YN No

Property Features

Association Fee 0 Current Financing Other Gross Scheduled Income 653580 Listing Agreement Exclusive Right To Sell Operating Expense 307842 Property Sub Type Mixed Use



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-09-14T12:31:04.733. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Ramos Group | Keller Williams High Desert. Licensed in the State of California, USA.
 
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The Ramos Group | Keller Williams High Desert
12530 Hesparia Rd Suite 101
Victorville CA, 92395
Listing Agent(s): Jeff Diller of South Coast Commercial, Inc. (619-226-6011) and Abe Peay of South Coast Commercial, Inc.(619-226-6011)