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8921 Cottonwood Ave
Santee, CA 92071
Multifamily Property For Sale
·
3 Units
Investment Highlights
- Turnkey Investment Opportunity
- Over $300,000 in recent capital improvements and unit upgrades
- Extensively remodeled interiors with luxury finishes, modern designs, and private yards
- Desirable unit mix of two- and three-bedroom cottage style units
- Market-rate asset that provides shelter from California AB-1482 rent control measures
- Abundant off-street parking for tenants
Property Facts
| No. Units | 3 | Lot Size | 0.36 AC |
| Property Type | Multifamily | Building Size | 2,088 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Garden | No. Stories | 1 |
| Building Class | C | Year Built | 2023 |
| Zoning | R1 | ||
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.36 AC |
| Building Size | 2,088 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 2023 |
| Zoning | R1 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | $2,810 | 629 |
| 3+2 | 1 | $2,995 | 830 |
Property Taxes
| Parcel Number | 384-109-12 | Improvements Assessment | $331,500 |
| Land Assessment | $714,000 | Total Assessment | $1,045,500 |
Property Taxes
Parcel Number
384-109-12
Land Assessment
$714,000
Improvements Assessment
$331,500
Total Assessment
$1,045,500
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