1064 Aster Ave | El Cajon, CA 92020
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1064 Aster Ave
El Cajon, CA 92020
Multifamily Property For Sale
·
3 Units
INVESTMENT HIGHLIGHTS
- Excellent unit mix of (1) 3-Bed/2-Bath, (1) 2-Bed/2-Bath, and (1) 2-Bed/1-Bath with a bonus room
- Potential to build ADUs, ample on-site parking spaces / large 0.23 AC lot
- Washer & dryer hookups, minimal landscaping, newer HVAC units for 1064 and 1066 1/2
- Approximately 40%+ upside in rental income, value add opportunity
- Private patios and yard spaces, new exterior paint, hardwood flooring
- Long term wealth preservation and appreciation, historically low vacancy rate
PROPERTY FACTS
| No. Units | 3 | Building Size | 2,928 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1959 |
| Lot Size | 0.23 AC | Parking Ratio | 2.73/1,000 SF |
| Zoning | RS-6 | ||
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Lot Size | 0.23 AC |
| Building Size | 2,928 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 2.73/1,000 SF |
| Zoning | RS-6 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Microwave
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Kitchen
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Sprinkler System
- Range
- Tub/Shower
- Wi-Fi
- Yard
- Built-In Bookshelves
- Dining Room
- Freezer
- Patio
- Porch
SITE AMENITIES
- Courtyard
- Fenced Lot
- Laundry Facilities
- Trash Pickup - Curbside
- Wi-Fi
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 1 | $1,730 | 1,150 |
| 2+2 | 1 | $1,675 | 950 |
| 2+1 | 1 | $1,335 | 900 |
PROPERTY TAXES
| Parcel Number | 492-242-23 | Improvements Assessment | $382,500 |
| Land Assessment | $714,000 | Total Assessment | $1,096,500 |
PROPERTY TAXES
Parcel Number
492-242-23
Land Assessment
$714,000
Improvements Assessment
$382,500
Total Assessment
$1,096,500
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