398 Walter Way

El Cajon, CA 92021
$1,070,000
For Sale • 18 days
8
Beds
4
Baths
3120
Sq Ft

We are happy to present this four units building consisting of four 2 bedroom/1 bath units. They are all occupied and 3 out of 4 have been upgraded recently. One unit has been occupied since 1978 by the same tenant. These units have laminated wood flooring, tiled flooring, crown moldings and newer appliances plus ceiling fans. Each unit has assigned parking space and there is also a shared patio in common area. This property over the year has been used as a commercial owner/user also since it is also zoned for commercial use as well as residential units. Close to 2nd street could help with tenants who do not want to use their car that often. Walking distance to the shops, grocery stores, bus & restaurants.

Show with accepted offer only. Great cash flow opportunity. Rental amounts can be improved easily. There is community laundry, grass area and common patio. Tenants pay for gas, electric and water.

DETAILS

  • Type: Multi Family
  • Stories: 2
  • Built: 1958
  • $/SqFt: $343
  • Community: El Cajon
  • Neighborhood: Second Street
  • MLS#: 210013164

Interior

BEDROOMS

  • Total: 8
  • Unit 1 total: 2
  • Unit 2 total: 2
  • Unit 3 total: 2
  • Unit 4 total: 2

BATHROOMS

  • Total: 4
  • Unit 1 total: 1
  • Unit 2 total: 1
  • Unit 3 total: 1
  • Unit 4 total: 1

VIEWS

  • City

HEATING & COOLING

  • Heat: Wall/Gravity
  • Cooling: Wall/Window

Exterior

BUILDING

  • Exterior: Wood/Stucco
  • Stories: 2
  • Building Stories: 2
  • Buildings: 1
  • Units: 4

LOT DETAILS

  • Lot Size: 4,000-7,499 SF
  • Topography: Level
  • Fencing: Full

VIEWS

  • City

Other Information

FINANCING TERMS

  • Cash
  • Conventional
  • VA

COMMUNITY FEATURES

  • Laundry Facilities

LOCATION

  • Complex: N/A
  • Community: El Cajon
  • Neighborhood: Second Street
  • City: El Cajon
  • County: San Diego
  • APN#: 489-180-51-00
  • Site: Public Street
Fewer Details

Property History

DATE EVENT & SOURCE PRICE $/SQFT
Price Decrease (Active)
SDMLS
MLS# 210013164
$1,070,000 $343
Back On Market (Active)
SDMLS
MLS# 210013164
$1,100,000 $353
Under Contract (Pending)
SDMLS
MLS# 210013164
- -
Back On Market (Active)
SDMLS
MLS# 210013164
$1,069,000 $343
Under Contract (Pending)
SDMLS
MLS# 210013164
- -
Listed (Active)
SDMLS
MLS# 210013164
$1,069,000 $343

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This Properties Story

Listed by Saied Mojabi • DRE Lic #00860307 • Coldwell Banker Realty
Last updated 2 days ago • Source: SDMLS