Joe McLaughlin / Broker Associate

My Office Listings

14830 Highway 8 Business
East County El Cajon 92021

$1,800,000 /180000.0
Com-Res Income 84,942 sq. ft.

Main Photo: Property for sale: 14830 Highway 8 Business in El Cajon
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Status:
Active
Prop. Type:
Com-Res Income
MLS® Num:
210019354
This is a very unique and interesting property with endless possibilities and opportunities. This is not your run of the mill investment property. There are 6 units of what was originally a motel and is now 6 small studios. And there is a 2 BR 1 BA SFR estimated to be 900 SF. Lastly, there are 3 large storage yards that have been rented and used for construction equipment and vehicle storage, etc. 2 of the units have garages plus a large flat fenced yard. The 3 unit does not have a garage but a very large fenced yard. 10 rentals in total. Property is zoned C-36. All of this on 1.95 acres of usable land! Gross Scheduled Income is $8,100. Mary Etta's café is across the street and the Blossom Flinn Station strip center is next door to the subject property. And Flynn Springs Regional park is located on the south side of the road, just west of the subject site.
Price Per Unit:
180000.0
Total Floor Area:
1.95 acre(s)
Lot Size:
1.95 acre(s)
Lot Size Commercial:
1.5 through 2.5 Acres
County:
San Diego
Market Area:
East County
Number of Units:
10
Stories:
1 Story
Unit Type:
Other/Remarks
Gross Multiplier:
21.0
Gross scheduled income:
8100.0
Operating expense:
UNK
Gross equity:
1800000
Motive / Want:
SELL
Financial Information Source:
Other/Remarks
Existing Financing:
Clear
Short Sale:
No
Listing Type:
Exclusive Right (R)
Exterior Finish:
Part Fenced, Part Landscaped, RV Parking, Remarks
Special:
Sellers Are RE Licensees
Parking:
Spaces
Cooling:
None, Wall/Window
Heating:
Other/Remarks
Construction Material:
Frame, Other/Remarks
Roof:
Composition
Floor finish:
Vinyl
Terms:
Cash, Cash to New Loan
Number of Units with Dishwashers:
0
Number of Units with Disposals:
0
Zoning:
C-36
Parcel Number:
396-080-11-00
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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.