HUGE PRICE REDUCTION. Seller motivated, submit all offers. Attention Developers and Builders! This is a must see opportunity! This property is being marketed for its highest and best use which is Condos, Apartments plus possible additional ADUs. Current zoning is Residential Multi Family R3 / RM2500. Lot size is approximately 15,689. El Cajon City Zoning says 6 units plus perhaps 2 additional. Buyer to verify all at El Cajon City Building Department. This area of Mollison in El Cajon has a high number of multi residential properties. This lot has a high walk score and is adjacent to Dennys, Starbucks, convenience stores and gas stations. It is within walking distance to Wendys, Seven Eleven, and other grocery and fast food stores. Easy access to all with Interstate 8 so close. And, there are elementary, middle and high schools near-by. House that is on property is in good shape. It has nearly 2500 square feet. At some point the patio was enclosed and garage converted, adding considerable living area to the square footage listed on the tax rolls. House now has 4 bedrooms, 2 baths with a really big family room and inside laundry. UPDATE: Property is held in a family trust, permits are unknown. Property was long term tenant occupied. Tenant just moved out and property is being cleaned. Interior needs to be refurbished. Although the information provided herein is thought to be reliable, the buyer and buyers agent MUST satisfy themselves by performing their own due diligence to research and verify all information pertaining to this property prior to the removal of contingencies.
DAYS ON MARKET
|
129
|
LAST UPDATED
|
8/27/2024
|
YEAR BUILT
|
1950
|
COUNTY
|
San Diego
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Single Family
|
Prior to Aug 27, '24
|
$1,195,000
|
Aug 27, '24 - Today |
$1,120,000 |
LOT |
0.3602 acre(s) |
LOT DIMENSIONS |
194' x 82' Appr |
STORIES |
1 |
ZONING |
Multi Fami |
Listed with Karen Hubbard, Broker
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation ©2024 Sandicor®, Inc.
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