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This Multifamily Property is no longer advertised on LoopNet.ca.

576 Richfield Ave
El Cajon, CA 92020

6 Units (Residential Financing Available) · Multifamily Property For Sale · 6 Units

Investment Highlights

  • Value-Add Opportunity
  • Corner Lot Location (32,843sf)
  • Single-Level Units
  • Residential Neighborhood
  • Zoned to Build 15 Units
  • Substantial Upside in Rental Income, Add Units, ADU's

PROPERTY FACTS

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.23 AC
Building Size 4,165 SF
Average Occupancy 100%
No. Stories 1
Year Built 1958
Parking Ratio 2.88/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
4+2 1 $2,525 1,406
1+1 1 $800.00 330
2+1 1 $1,250 613
2+1 1 $1,200 846
1+1 2 $935.00 498

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
487-500-28
Land Assessment
$597,181
Improvements Assessment
$522,534
Total Assessment
$1,119,715

zoning

Zoning Code R3 (RM-2200 1 Unit / 2,200 square feet of total lot area. It is also zoned to build 15 units by right but should be able to get more, contact agent.)
R3 (RM-2200 1 Unit / 2,200 square feet of total lot area. It is also zoned to build 15 units by right but should be able to get more, contact agent.)
  • Listing ID: 22834598

  • Date on Market: 2021-04-26

  • Last Updated:

  • Address: 576 Richfield Ave, El Cajon, CA 92020

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