275-99 S Mollison, El Cajon, CA 92020

$3,900,000
14
BD
13
BA

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List Price
$3,900,000
Status
ACTIVE
Days on Market
139
Price Change
▼ $50,000 1780698992
MLS#
260007287
Subtype
Residential Income
Bedrooms
14
Bathrooms
13
Full Baths
13
Lot Size
23,086
Acres
0.53
MLS Area Major
East County

Property Description

275 S Mollison Avenue is a 13-unit apartment community offering a fully leased, turnkey investment opportunity. The property features recent upgrades throughout, including new flooring and modern bathroom finishes with floating vanities, creating a clean, contemporary feel that appeals to today’s tenants.This asset delivers stable cash flow, low maintenance, and strong rental demand, all within a private setting and conveniently located near schools, shopping, and major freeways.The current ownership has completed significant improvements, including a full renovation of one unit following vacancy. Upgrades included new cabinetry, flooring, drywall, insulation, updated sliding doors, a remodeled bathroom, and relocation of the water heater to a new tankless system. Professionally managed by Sandirent Property Management for the past three years, the property has maintained consistent performance with no major tenant-related issues, providing investors with confidence in its ongoing operations.An excellent opportunity for investors seeking a stabilized, income-producing asset with upside potential.

Additional Information

Zoning
R-3:RESTRI
Flooring
Slab
Heating
Wall Unit(s)
Air Conditioning
Window/Wall
Stories
1
Levels
One
Roof
Composition
Parking Features
Carport

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Farid Khayamian (858-922-4845) from Listing Office: Bluxen, Inc..

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