Joe McLaughlin / Broker Associate

My Office Listings

8921-25 Cottonwood Ave.
East County Santee 92071

$1,500,000 /250000.0
Com-Res Income built: 60

Main Photo: Property for sale: 8921-25 Cottonwood Ave. in Santee
Photo 1: Property for sale: 8921-25 Cottonwood Ave. in Santee
Photo 2: Property for sale: 8921-25 Cottonwood Ave. in Santee
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Status:
Active
Prop. Type:
Com-Res Income
MLS® Num:
210018298
Year Built:
60
Right in the heart of the Redevelopment area of downtown Santee! There is a 10 acre shopping center being developed directly across the street from these units! Talk about value added! And kitty corner to the subject is a beautiful new apartment home complex. There are 4 buildings and 6 units total. Lovely fenced front yards with green grass and mature landscape on the units facing Park Ave. The property has deferred maintenance. The rent is way below market! Buy and fix or consider what the highest and best use it for this gem.
Rental Amount:
5325
Price Per Unit:
250000.0
Lot Size Commercial:
.25 through .50 Acres
County:
San Diego
Market Area:
East County
Number of Buildings:
4
Number of Units:
6
Stories:
1 Story
Num Stories:
1
Unit Type:
Other/Remarks
Year Built:
60
Gross Multiplier:
19.0
Gross scheduled income:
6275.0
Operating expense:
Unknown
Gross equity:
1500000
Motive / Want:
SELL
Financial Information Source:
Owner
Short Sale:
No
Listing Type:
Exclusive Right (R)
Exterior Finish:
Remarks
Special:
Other/Remarks
Parking:
Spaces
Number of Carports:
1
Total Parking Spaces:
6
Heating:
Other/Remarks
Construction Material:
Frame
Roof:
Composition
Floor finish:
Other/Remarks
Terms:
Cash, Cash to New Loan
Number of Units with Garages:
0
Zoning:
R-1 SFR
Parcel Number:
384-109-12-00
Number of Units in Unit 1:
1
Bedrooms for Unit 1:
1
Bathroom 1:
1.0
Number of Units in Unit 2:
1
Total Rent for Unit 2:
1300.0
Bedrooms for Unit 2:
3
Bathroom 2:
1.0
Number of Units in Unit 3:
1
Total Rent for Unit 3:
950.0
Bedrooms for Unit 3:
1
Bathroom 3:
1.0
Number of Units in Unit 4:
1
Total Rent for Unit 4:
1350.0
Bedrooms for Unit 4:
3
Bathroom 4:
1.5
Number of Units in Unit 5:
1
Total Rent for Unit 5:
775.0
Bedrooms for Unit 5:
1
Bathroom 5:
1.0
Number of Units in Unit 6:
1
Total Rent for Unit 6:
950.0
Bedrooms for Unit 6:
1
Bathroom 6:
1.0
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Data was last updated July 25, 2021 at 07:10 AM (UTC)
Area Statistics
Listings on market:
20
Avg list price:
$2,720,000
Min list price:
$1,166,000
Max list price:
$8,000,000
Avg days on market:
41
Min days on market:
9
Max days on market:
278
Avg price per sq.ft.:
$168
These statistics are generated based on the current listing's property type and located in East County. Average values are derived using median calculations.
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 San Diego Multiple Listing Service, Inc. 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 © 2021 San Diego Multiple Listing Service, Inc.