7240 El Cajon Blvd, San Diego, 92115

NEWCommercial - Com-Res Income For Sale

$7,800,000

Beds
Baths
Sqft
.32Acres
Built
6DOM
MLS® #: 200013123
ACTIVE, 6 Days on Market

The Solstice Apartments is a 28 unit apartment complex that consists of 20,822 rentable square feet built in 1972 situated on a 14,043 square foot lot with approximately 18 parking spaces. The unit mix consists of (24) 2 Bedroom / 1 Bath units, (2) 1 Bedroom / 1 Bath units and (2) studios as well as onsite laundry facilities with 3 washers and 4 dryers. Select 2 Bedroom units have in-unit stackable washers and dryers. There is a secure courtyard with a picnic table at the center of the property and a unique foyer behind the private entry to the property. Previous ownership has made significant exterior, interior and systems upgrades. The property has new windows, bathrooms and kitchens have been completely rebuilt, and there is laminate flooring throughout the units. The units feature new appliances, dishwashers, A/C units, and built in microwaves as well as new window coverings. The property has spacious floorplans and offers an investor additional upside in rents in the burgeoning Rolando Village.

Essential Information

MLS® #: 200013123
Price: $7,800,000
Acres: 0.32
Type: Commercial
Sub-Type: Com-Res Income
Status: ACTIVE

Community Information

Address: 7240 El Cajon Blvd
Area: SAN DIEGO (92115)
City: San Diego
County: San Diego
State: CA
Zip Code: 92115

Amenities

Parking Spaces: 18

Interior

# of Stories: 3

Additional Information

Date Listed: March 10th, 2020
Days on Market: 6

Listing Details

Listing Office: South Coast Commercial, Inc.

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS®, Inc.

Listing information last updated on June 1st, 2020 at 5:00am PDT.

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS®, Inc.

Listing information last updated on June 1st, 2020 at 5:00am PDT.