About 1140 & 1146 E Lexington Ave
12 Turn Key Units with all of the Major Capital Improvements Completed. Current Owner recently installed and paid for Solar Panels eliminating most electric bills. In addition the roofs, windows, hot water heaters, parking gate, exterior paint have all been updated within the past couple years. All the interiors have been renovated in some fashion over the past 5-7 years. Rents are approximately 12% below market so with all the heavy lifting completed the new owner should be able to continue and raise rents in what is considered a very stable rental market.
Features of 1140 & 1146 E Lexington Ave
| MLS® # | 240015800 |
|---|---|
| Price | $3,685,000 |
| Bedrooms | 5 |
| Bathrooms | 2.00 |
| Square Footage | 10,572 |
| Acres | 0.30 |
| Type | Residential Income |
| Sub-Type | Com-Res Income |
| Status | Closed |
Community Information
| Address | 1140 & 1146 E Lexington Ave |
|---|---|
| City | El Cajon |
| County | San Diego |
| State | CA |
| Zip Code | 92019 |
Amenities
| Parking Spaces | 13 |
|---|---|
| Is Waterfront | No |
| Has Pool | Yes |
Interior
| Cooling | Wall/Window |
|---|---|
| Fireplace | Yes |
| # of Stories | 2 |
Exterior
| Construction | Metal Fence,No Landscaping,Solar Owned |
|---|
Additional Information
| Date Listed | July 10th, 2024 |
|---|---|
| Days on Market | 114 |
| Zoning | R3 Multipl |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Marcus & Millichap |
|---|