Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

275-99 S Mollison Ave, El Cajon, CA, 92020

14beds
13baths
0sqft
$3,950,000
--price/sqft
$23,326/moest. monthly cost
$933,040/yrincome needed

About This Home

275 S Mollison Avenue is a 13-unit apartment community offering a fully leased, turnkey investment opportunity. The property features recent upgrades throughout, including new flooring and modern bathroom finishes with floating vanities, creating a clean, contemporary feel that appeals to today’s tenants.This asset delivers stable cash flow, low maintenance, and strong rental demand, all within a private setting and conveniently located near schools, shopping, and major freeways.The current ownership has completed significant improvements, including a full renovation of one unit following vacancy. Upgrades included new cabinetry, flooring, drywall, insulation, updated sliding doors, a remodeled bathroom, and relocation of the water heater to a new tankless system. Professionally managed by Sandirent Property Management for the past three years, the property has maintained consistent performance with no major tenant-related issues, providing investors with confidence in its ongoing operations.An excellent opportunity for investors seeking a stabilized, income-producing asset with upside potential.

Getting Around

76
WalkingVery Walkable
39
TransitSome Transit
58
BikeBikeable

Schools

2/10
Anza Elementary SchoolGrades K-60.8 mi
3/10

Construction

Materials

  • Roof: Composition
  • Construction materials: None

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Laundry features: Leased

Bedrooms & Bathrooms

  • Bedrooms: 14
  • Bathrooms: 13
  • Full bathrooms: 13

Features

  • Flooring: Slab

Heating & Cooling

  • Heating features: Wall
  • Cooling features: Wall/Window

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 4882620300
  • Zoning: R-3:RESTRI
  • Zoning description: R-3:RESTRI

Features

  • Levels: 1 Story
  • Stories: 1

Lot

  • Lot size: 0.53 Acres

Parking

  • Parking features: Carports