193 W Renette Ave

    El Cajon, CA 92020
    • $950,000
    • STATUS: Active
    • ON SITE: 20 days
    • ID#: 180048234
    UPDATED: 29 min ago
    $950,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1977
    County:

    School Ratings & Info

    Description

    Back on the Market. Wrong Buyer!!! Property shows very well and Seller Raising Rents. PRICE REDUCTION!!! Buyer did not perform. Well maintained Units with Immediate Upside. 4 Value Ad Large Two Bedroom Units. Rents well below market. Large lot with plenty of parking and on site laundry. 1977 Construction. Units all with private patios or balconies and average roughly 860 Sq Ft. Rents Below will be as of December 1st, 2018. Seller may be willing to finance with a large down payment. Neighborhoods: el cajon Other Fees: 0 Unit # for Unit 1: 1 Unit # for Unit 2: 2 Unit # for Unit 3: 3 Unit # for Unit 4: 4 Number of Furnished Units: 0

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-13T15:32:33.353. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/88776143

    193 W Renette Ave El Cajon, CA 92020

    • Price: $950,000
    • Status: Active
    • Updated: 29 min ago
    • ID#: 180048234
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1977
    Built
    Neighborhood:
    El Cajon
    County:
    San Diego
    Property Description
    Back on the Market. Wrong Buyer!!! Property shows very well and Seller Raising Rents. PRICE REDUCTION!!! Buyer did not perform. Well maintained Units with Immediate Upside. 4 Value Ad Large Two Bedroom Units. Rents well below market. Large lot with plenty of parking and on site laundry. 1977 Construction. Units all with private patios or balconies and average roughly 860 Sq Ft. Rents Below will be as of December 1st, 2018. Seller may be willing to finance with a large down payment. Neighborhoods: el cajon Other Fees: 0 Unit # for Unit 1: 1 Unit # for Unit 2: 2 Unit # for Unit 3: 3 Unit # for Unit 4: 4 Number of Furnished Units: 0
    Exterior Features

    Fence YN Yes Fencing Partial Lot Size Units Acres Roof Composition

    Interior Features

    Cooling None Cooling YN No Levels Two

    Property Features

    Cap Rate 5.20 Country Us Gross Scheduled Income 70440.00 Net Operating Income 50056.00 Number With Dishwasher 4 Number With Patio 4 Number With Range 4 Number With Refrigerator 4 Subdivision Name Other El Cajon Tenant Pays ElectricityGas Zoning R-3

    Listing provided courtesy of Thomas Mccartin of Marcus & Millichap.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-13T15:32:33.353. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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