Description
786 S Orange Ave is a six unit apartment complex located in El Cajon, CA. All units are a desirable mix of two-bedroom one-bath apartment homes of approximately 775 square feet. The two-story apartment building was originally constructed in 1971. The complex offers off -street parking, on-site laundry, and fenced courtyard. Each unit is metered for Gas & Electric; the Tenants reimburse(RUBS) for water (billed by Landlord). The on-site laundry consists of one washerand one dryer; each machine is leased. Two of the six units have undergone interior renovations and have achieved rents over $2,000/mo. The remaining units are substantially below market giving an investor a true value add opportunity (20% rent increase on remaining units).
Location
Listing Agent: Jorge Jimenez Courtesy of: SVN / Vanguard The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved. Updated: 4th February, 2023 8:25 AM (UTC)
