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260 280 W Park Ave

El Cajon, CA 92020
  • $9,000,000
  • STATUS: Closed
  • ON SITE: 177 Days
  • MLS #: NDP2109014
Sold - 01/25/2022
$9,000,000
SOLD - 01/25/2022
  • 0
    BEDS
  • 0.9
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1959
County:

School Ratings & Info

Listing Agent(s): Eric Von Bluecher of Lee & Associates (760-929-9700)


Description

The Park Villa apartments is a 38 unit apartment building located in the city of El Cajon. The Park Villa features a unit mix of (17)2+1s, (15)1+1s, and (6) Studios with approximately 31 parking total parking spaces which includes 12 parking carports with storage cabinets and 19 surface spots. Amenities include on-site laundry with four washers and three dryers and sparkling pool located in the courtyard of the building.

Sold by Eric Von Bluecher of Lee & Associates.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-27T21:28:48.753. 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 ERA CARLILE Realty Group. Licensed in the State of California, USA.
www.carlilerealty.com/homes/119970996
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260 280 W Park Ave El Cajon, CA 92020

  • Price: $8,500,000
  • Status: Closed
  • On Site: 177 Days
  • Updated: 11 min ago
  • MLS #: NDP2109014
0
Beds
0
Baths
0
½ Baths
0.9
Acres
1959
Built
Neighborhood:
92020 - El Cajon
County:
San Diego
Area:
92020 - El Cajon
Property Description
The Park Villa apartments is a 38 unit apartment building located in the city of El Cajon. The Park Villa features a unit mix of (17)2+1s, (15)1+1s, and (6) Studios with approximately 31 parking total parking spaces which includes 12 parking carports with storage cabinets and 19 surface spots. Amenities include on-site laundry with four washers and three dryers and sparkling pool located in the courtyard of the building.
Exterior Features

Carport Spaces 12 Carport YN Yes Number Of Separate Electric Meters 38 Open Parking Spaces 31 Parking Total 43 Pool Features In Ground Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Association Fee 0 Association YN No Cap Rate 3.75 Community Features Sidewalks Electric Expense 11250 Fuel Expense 11250 Garage YN No Gross Income 540569 Gross Scheduled Income 557287 Insurance Expense 13000 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash Net Operating Income 318848 New Taxes Expense 40929 Number Of Separate Gas Meters 38 Number Of Separate Water Meters 1 Operating Expense 221730 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 11250 Water Sewer Expense 11250 Water Source Public Zoning R3



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-27T21:28:48.753. 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 ERA CARLILE Realty Group. Licensed in the State of California, USA.
 
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ERA CARLILE Realty Group
1860 Howe Avenue, Suite 100
Sacramento CA, 95825
Listing Agent(s): Eric Von Bluecher of Lee & Associates (760-929-9700)