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4224-4228 El Cajon Blvd

6,752 SF Retail Building San Diego, CA 92105 £2,998,088 (£444/SF) 3.10% Net Initial Yield

Investment Highlights

  • 3 tenants on a month-to-month lease.
  • 90% occupied leasing last available space soon.
  • Located near the freeway with a bus stop in front of property.

Executive Summary

Investor / developer wanted! Great opportunity to own this commercial property to build multi-family residential units & commercial spaces. Located near the freeway with a bus stop in front of property. Site-plan drawing for 78 residential units & 3 commercial spaces over 8 floors is available for serious buyer to review. There are 3 tenants on a month-to-month lease.
Currently 90% leased and the reported rent is $9,000 per month.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,752 SF
Building Class
C
Year Built
1942
Price
£2,998,088
Price Per SF
£444
Net Initial Yield
3.10%
NOI
£92,905
Tenancy
Multiple
Number of Floors
1
Building FAR
0.55
Land Acres
0.28 AC
Zoning
C - Commercial
Frontage
123 ft on El Cajon Blvd

Amenities

  • Bus Route
  • Pylon Sign
  • Signage
  • Signalised Intersection
  • Air Conditioning
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Walk Score ®
Walker's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Bank of America
Roberto's Taco Shop
Ymca
Starbucks
Chase Bank
Citi
Waba Grill
California Bank & Trust
Denny's
Vons

PROPERTY TAXES

Parcel Number 471-051-15 Improvements Assessment £291,893
Land Assessment £361,290 Total Assessment £653,183

PROPERTY TAXES

Parcel Number
471-051-15
Land Assessment
£361,290
Improvements Assessment
£291,893
Total Assessment
£653,183
(619) 726-6332

  • Listing ID: 32746657

  • Date on Market: 09/08/2024

  • Last Updated:

  • Address: 4224-4228 El Cajon Blvd, San Diego, CA 92105

The Retail Property at 4224-4228 El Cajon Blvd, San Diego, CA 92105 is currently available For Sale. Contact F3 Realty Group for more information.

Retail PROPERTIES IN NEARBY NEIGHBOURHOODS

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© 2024 CoStar Group

4224-4228 El Cajon Blvd
(619) 726-6332 x

4224-4228 El Cajon Blvd

Danny Pham

(619) 726-6332

(619) 726-6332

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