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735 S Orange Ave
El Cajon, CA 92020
Orange Glen Apartments · Multifamily Property For Sale · 8 Units

Investment Highlights

  • Market 9.7 GRM & 7.3% Cap Rate
  • Located in a Strong Rental Market on a Cul-de-sac
  • Value-Add with 200% Upside In Rents

Property Facts

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.13 AC
Building Size 6,500 SF
Average Occupancy 100%
No. Stories 2
Year Built 1963
Parking Ratio 2.46/1,000 SF
Zoning R3

Amenities

Unit Amenities

  • Air Conditioning
  • Storage Space

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 $1,030 600
2+1 4 $1,156 850

Property Taxes

Property Taxes

Parcel Number
492-160-38
Land Assessment
$1,224,000
Improvements Assessment
$765,000
Total Assessment
$1,989,000
  • Listing ID: 28960640

  • Date on Market: 7/10/2023

  • Last Updated:

  • Address: 735 S Orange Ave, El Cajon, CA 92020

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