Pending

1349 E Main Street

El Cajon CA, 92021

$1,500,000


Pending

Commercial

Palm Residence is an 11-unit property that consists of one structure totaling 3,514 rentable square feet built in 1951 on a 12,979 square foot lot. There is a 1 Bedroom manager's unit with a full kitchen and 10 studios without kitchens. All units have walk-in closets and large bathrooms. The property features 11 parking spaces, onsite laundry facilities and two large storage sheds. All tenants are month to month and there is 33% upside in rents. There is conditional approval for Single Room Occupancy use and more improvements are required for final approval. Buyer to verify property use, zoning and square footage. DO NOT WALK ON PROPERTY OR DISTURB TENANTS.

240020661

MLS ID

August 30, 2024

Listed

November 22, 2024

Updated

Map

1349 E Main Street
El Cajon CA, 92021

Other Property Details

Area Name

East County


Days on Market

48


Garage

No


View

No


County

San Diego


Pool

No

Listing History

Date

Event

Price

10/3/2024

Pending

9/18/2024

Price change

$1,500,000

-7%

Listed by NorthMarq Multifamily, Benn Vogelsang,
Listing Contact: 415-250-4947 

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