255 W. Douglas Ave., El Cajon, CA 92020 - 220007254 - iPro Real Estate
iPro Real Estate

iPro Real Estate

For Sale

$1,049,000 $425.56 per sqft

Free Professional CMA

Listing ID : 220007254

  • Structure / Lot Size

    2,465 Sqft / 6,534 Sqft
  • Year

    1983

Description

This mixed use building is fully rented and has a long term tenant who is now month-to-month. The 1st floor consists of 2 office spaces each with their own bathroom. Both units have separate front doors facing S. Sunshine Street and also back doors facing the parking lot. Spaces can be used for office, retail, or commercial use. These units face S. Sunshine Street and are addressed as #201 and 207 S. Sunshine St. The entire 2nd floor address is 255 W Douglas and consists of a large 2 bedroom 2 bath that also has a large bonus room leading to an upper balcony overlooking the back side of property. The upper unit also includes a washer and dryer, refrigerator, stove, dishwasher, and is currently leased as residential and is month to month. Rents were last raised in February 2022 for the upper floor unit. The property is on a corner lot with great accessibility and easy access to HWY 8. The gated parking lot consists of 7 spaces that are ideal for any business or tenant. Units are Individually Metered for Electricity. Water is a shared meter among the 3 units.

Details

Type: Commercial Sale 
MLS Area: East County 
County: San Diego 
Tax ID: 4881610100
Building Size: 2,465 SqFt 
Gross Income Multiplier: 23.2 
Net Operating Income: $15,427 
Days on Market: 131 
Heating: Central Forced Air Gas, Wall Furnace 
Number of Units: 3 
Property Type: Commercial Additional 
Sub Type: Commercial-Off/Rtl/Ind 
Zoning: COMMERCIAL 

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Interactive

32.793659 -116.964592 $1,049,000 220007254
255 W. Douglas Ave., El Cajon, CA 92020
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Area Information 92020

Population:

63,135 Up .07% since 2010
Average Income:
$87,843
Average Age:
37Years
Gender:
49.24%Male
50.76%Female
Households:
21,96936.21% with children
Average Value:
$690,177
Occupancy:
40.49%Owned
59.51%Rented
3.7%Vacant
Education:
24.93%High School
9.09%Associate
15.36%Bachelor
8.77%Graduate
Average Residency:
19Years
Crime Rate:
Average
Annual Rainfall:
13.48Inches
Earthquake Risk:
Very High
Hail Risk:
Very Low
Hurricane Risk:
Very Low
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Below Average
Wind Risk:
Very Low

History

Date Transaction Price Mortgage Amt & Lender
Date
Apr 18, 2022
Transaction
Active - Residential Income220009056
Price
$995,000
Mortgage Amt & Lender
- -
Date
Mar 30, 2022
Transaction
Active - Commercial Additional220007254
Price
$995,000
Mortgage Amt & Lender
- -

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Listed by Stella Rogers with Stellar Estates