1219 Persimmon Ave, El Cajon, CA 92021

$10,500,000
List Price
$10,500,000
MLS#
230011250
Status
ACTIVE
Type
Multifamily

Property Description

We are pleased to present 1219 Persimmon Avenue, a charming 46-unit multifamily community located in El Cajon, California. Built in 1990, this well-maintained asset consists of (45) 516 SF One Bedroom / One Bath units & (1) 600 SF One Bedroom / One Bath permitted ADU. All second-floor units feature taller vaulted ceilings for a spacious open feel. *The property is restricted to senior tenants (62+). There are no income-related restrictions currently in place however if someone would like to take advantage of tax credit incentive programs there is opportunity if leasing units to lower income tenants.

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Calculator source: Real Geeks

Courtesy of South Coast Commercial, Inc., Jeff Diller.