275 S Mollison, El Cajon, CA 92020
List Price: $3.9M
Listing Status: Active
Original List Price: $3.95M
0Days on Market: 70
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
Lot Size: 23,086 sq ft
MLS Number: 260007287SD
About This Property
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.
Listing provided by: Farid Khayamian DRE #01835318 858-535-0000 info@bluxen.com, Bluxen, Inc.
Source: CRMLS, MLS #: 260007287SD
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.