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181 Ballantyne Street El Cajon, CA 92020
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Key Details
Sold Price $3,520,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 240001031SD
Sold Date 04/30/24
HOA Y/N No
Lot Size 0.530 Acres
Property Sub-Type Mixed Use
Property Description
We are pleased to offer for sale the Rockford Gardens (“The Property”), a 16-unit Value-Add multifamily community in the heart of Downtown El Cajon neighboring City Hall and Cajon Valley Middle School. Constructed in 1971, The Property is comprised of four (4) two-bedroom/one-bathroom units and twelve (12) one-bedroom/ one-bathroom units. Tenants enjoy on-site assigned parking, communal laundry facilities, a grass courtyard, two units with large private back yards, tremendous freeway access, walkable retail & public transit, parks, and recreational activities. Two separate areas on the property comprise roughly 6,100 SF that could be utilized for ground-up ADU development.
Location
State CA
County San Diego
Area 92020 - El Cajon
Interior
Fireplace No
Exterior
Total Parking Spaces 23
Others
Tax ID 4881126300
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Bought with Austin Huffman Marcus & Millichap