1146 E Lexington Ave | El Cajon, CA 92019
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- LoopNet Team
1146 E Lexington Ave
El Cajon, CA 92019
Lexington Terrace · Multifamily Property For Sale
·
12 Units
INVESTMENT HIGHLIGHTS
- Turn Key Property with Immediate 12% Upside in Rents
- Stable and Desirable Rental Market
- New Windows, Hot Water Heater, Paid For Solar Panels, Electric Panels
- Laundry Room and Plenty of Off Street Parking
PROPERTY FACTS
| No. Units | 12 | Building Size | 5,972 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1960 |
| Building Class | C | Parking Ratio | 1.32/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | R3, El Cajon | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 5,972 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 1.32/1,000 SF |
| Zoning | R3, El Cajon |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Family Room
- Freezer
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Picnic Area
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 10 | $2,138 | 875 |
| 3+2 | 2 | $2,495 | 911 |
PROPERTY TAXES
| Parcel Number | 489-231-05 | Improvements Assessment | $1,050,000 |
| Land Assessment | $800,000 | Total Assessment | $1,850,000 |
PROPERTY TAXES
Parcel Number
489-231-05
Land Assessment
$800,000
Improvements Assessment
$1,050,000
Total Assessment
$1,850,000
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