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$ 13,495,000
Est. payment | /mo
40 Beds
69 Baths
39,640 SqFt
$ 13,495,000
Est. payment | /mo
40 Beds
69 Baths
39,640 SqFt
Key Details
Property Type Multi-Family
Sub Type Com-Res Income
Listing Status Pending
Purchase Type For Sale
Square Footage 39,640 sqft
Price per Sqft $340
MLS Listing ID 260013528
Bedrooms 40
Full Baths 69
Lot Size 2.130 Acres
Property Sub-Type Com-Res Income
Property Description
Located in El Cajon, the Property is a well-maintained 68-unit multifamily community originally constructed in 1975. The unit mix consists of 30 studio units, 37 one-bedroom/one-bathroom units, and one three-bedroom/two-bathroom unit, with 95 surface parking spaces. The Property has undergone several recent improvements, including upgrades to the pool area, outdoor fitness area and renovations to many unit interiors featuring vinyl plank flooring in wet areas, updated fixtures and lighting, new electrical outlets and switches, and mirrored closet doors. Community amenities include a gated swimming pool with lounge seating, outdoor fitness equipment, gated access, a gazebo with seating, ceiling fans and Wi-Fi, community laundry facilities, leasing office, and picnic area with barbecue grills. Vista Bella is a stabilized apartment community in a strong East San Diego County rental market with continued demand for attainable housing and immediate upside potential. Current collections are in the 97–98% range. This property performs!
Location
State CA
County San Diego
Area East County
Zoning RM-2200
Interior
Fireplace No
Exterior
View Y/N No
Total Parking Spaces 95
Building
Story 2
Others
Senior Community No
Tax ID 489-180-26-00
Listed by Eric D Comer, DRE#00842230 Eric D. Comer, Broker
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "