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932 Leslie Rd
El Cajon, CA 92020
Multifamily Property For Sale
·
4 Units
Property Facts
| No. Units | 4 | Building Size | 4,194 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1964 |
| Building Class | C | Parking Ratio | 1.38/1,000 SF |
| Lot Size | 0.20 AC | ||
| Zoning | R3 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 4,194 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 1.38/1,000 SF |
| Zoning | R3 |
About 932 LESLIE RD , EL CAJON, CA 92020
REALISTIC IMMEDIATE UPSIDE! RENTS 30% BELOW MARKET. Long term ownership, long term tenants. Well maintained 4 unit with all very large 2BR/1.5Bath Units. Rents could be raised $200/unit immediately and rents would still be below market (helping to ensure that tenants do not vacate). In order to get full market rents the unit interiors and exteriors would need to be updated bringing the cap rate to above 5%. 2 different floor plans of 840 & 1,250 Square Feet. Laundry on site, plenty of off street parking some of which are covered. Some units with private balconies or patios. Walking distance to retail, schools, public transportation and easy access to major freeway. Short vicinity to the heart of El Cajon.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 4 | $1,550 | 840 - 1,257 |
Property Taxes
| Parcel Number | 492-341-30 | Improvements Assessment | $471,861 |
| Land Assessment | $552,179 | Total Assessment | $1,024,040 |
Property Taxes
