181 Ballantyne St | El Cajon, CA 92020
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- LoopNet Team
181 Ballantyne St
El Cajon, CA 92020
Rockford Gardens · Multifamily Property For Sale
·
16 Units
INVESTMENT HIGHLIGHTS
- True Value-Add Opportunity with Current Rents Being 28% Under Market
- 25% Two-Bedroom Units
- Two Separate Locations Totaling 6,100 Square Feet On-Site Ideal for ADU Development
- On-site Parking with 23 Surface Level Parking Spaces
- Proximity to City Hall, Cajon Valley Middle School, Walkable Retail, and Public Transit
PROPERTY FACTS
| No. Units | 16 | Lot Size | 0.53 AC |
| Property Type | Multifamily | Building Size | 12,298 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1971 |
| Building Class | C | Parking Ratio | 1.87/1,000 SF |
| Zoning | R-3, El Cajon | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.53 AC |
| Building Size | 12,298 SF |
| No. Stories | 2 |
| Year Built | 1971 |
| Parking Ratio | 1.87/1,000 SF |
| Zoning | R-3, El Cajon |
AMENITIES
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 16 | - | - |
PROPERTY TAXES
| Parcel Number | 488-112-63 | Improvements Assessment | $1,550,400 |
| Land Assessment | $2,040,000 | Total Assessment | $3,590,400 |
PROPERTY TAXES
Parcel Number
488-112-63
Land Assessment
$2,040,000
Improvements Assessment
$1,550,400
Total Assessment
$3,590,400
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