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512 June Way
El Cajon, CA 92021
Madison Manor Apartments · Multifamily Property For Sale · 20 Units

Investment Highlights

  • Assumable Debt Chase Bank - 4.05% fixed - $3,080,000 balance.
  • Fully Rehabbed all Major Systems in 2007.
  • Easy to Finance & Easy to Insure. -
  • Final Condo Map Recorded
  • Well maintained units with Excellent Tenants - *True "turn-key" deal*

Property Facts

No. Units 20
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.68 AC
Building Size 23,577 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1962/2007
Parking Ratio 0.85/1,000 SF
Zoning RM-2200, El Cajon - Multifamily which allows 1 dwelling unit per 2,200 sf of total lot area

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Washer/Dryer
  • Ceiling Fans
  • High Speed Internet Access
  • Smoke Free
  • Wheelchair Accessible (Rooms)

Site Amenities

  • Laundry Facilities
  • Pool
  • Gated

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 20 $2,550 900 - 1,150

Property Taxes

Property Taxes

Parcel Number
489-353-21
Land Assessment
$1,954,876
Improvements Assessment
$2,102,898
Total Assessment
$4,057,774
  • Listing ID: 31577257

  • Date on Market: 4/22/2024

  • Last Updated:

  • Address: 512 June Way, El Cajon, CA 92021

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