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The Boulevard 638 El Cajon Blvd 8 Unit Apartment Building For Sale El Cajon, CA 92020
EXECUTIVE SUMMARY
Commercial Asset Advisors, as the exclusive marketing advisor to the Seller, is pleased to present to qualified investors, the outstanding opportunity to acquire The Boulevard, a 8-unit multi-family property with an existing motel license for potential short-term rentals. The asset presents a rare opportunity to acquire a multi-family property in the center of the city’s plan for “El Cajon Village”. Work is already underway to give this corridor a “Main Street” feeling with a highly walkable environment. Additionally, the property includes on-site parking (gated) and solar for the convenience of residents.
PROPERTY FACTS
| Sale Type | Investment | Building Class | C |
| No. Units | 8 | Lot Size | 0.11 AC |
| Property Type | Multifamily | Building Size | 4,792 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1938/2024 |
| Zoning | R3, El Cajon | ||
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 4,792 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1938/2024 |
| Zoning | R3, El Cajon |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
1 1
Walk Score®
Very Walkable (73)
PROPERTY TAXES
| Parcel Number | 487-500-11 | Improvements Assessment | $663,000 |
| Land Assessment | $1,020,000 | Total Assessment | $1,683,000 |
PROPERTY TAXES
Parcel Number
487-500-11
Land Assessment
$1,020,000
Improvements Assessment
$663,000
Total Assessment
$1,683,000
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The Boulevard | 638 El Cajon Blvd
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