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330-340 N 1st St
El Cajon, CA 92021
Palm Terrace · Multifamily Property For Sale
·
37 Units
PROPERTY FACTS
| No. Units | 37 | Building Size | 27,030 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 1.18/1,000 SF |
| Lot Size | 0.99 AC | ||
| Zoning | RM-2200 | ||
| No. Units | 37 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.99 AC |
| Building Size | 27,030 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 1.18/1,000 SF |
| Zoning | RM-2200 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Tub/Shower
- Carpet
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Picnic Area
- Grill
ABOUT 330-340 N 1ST ST , EL CAJON, CA 92021
Marcus & Millichap, as the exclusive listing agent, is pleased to present Palm Terrace Apartment Homes, a 37-unit multifamily investment property located in the city of El Cajon, California. Residents enjoy the property's close proximity to schools, shopping centers, and major employers. Situated on a 1.06-acre lot, the 27,047 square foot property consists exclusively of two-bedroom floor plans averaging 731 square feet. Built in 1963, the property offers an attractive range of amenities including on-site laundry, ample parking, balconies or patios, and a swimming pool. Recent capital improvements include a new roof, updated landscaping, and more.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 37 | $1,385 | 731 |
PROPERTY TAXES
| Parcel Number | 489-130-60 | Improvements Assessment | $5,952,720 |
| Land Assessment | $3,570,000 | Total Assessment | $9,522,720 |
PROPERTY TAXES
