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SIGNIFICANT PRICE REDUCTION! Investment Opportunity: Multi-Generational or Multi-Family Property with 3 Units, Office, and separate Guest Quarters. Welcome to this unique investment property that offers exceptional potential for multi-generational living or multi-family rental income. Situated in a prime location near the Magnolia shopping and restaurant district, close to freeway access, and public transportation, this property is a rare find. Property Overview: Three separate residential units on a spacious lot. Plus, a separate office and guest quarters for added versatility. Separate laundry room for added convenience. Unit 1: 2 bedrooms, 1 bathroom. Spacious living room for comfortable living. Features a massive updated kitchen with granite countertops, abundant natural light, and ample cupboard space. Unit 2: 2 bedrooms, 1 bathroom. A generously sized living room for relaxing and entertaining. Unit 3: 1 bedroom, 1 bathroom. This unit boasts its own private fenced-in yard, providing residents with a sense of space and privacy. A spacious living room completes the cozy living experience. Additional Features: A huge walk-in shed for storage needs. Enormous covered patio entrance from ample off-street parking, ideal for gatherings and outdoor enjoyment. The property features a newer roof, providing peace of mind for the future. Condition and Investment Potential: This property is offered in "As-Is" condition, it presents an exceptional opportunity for those with vision. The listing price has been thoughtfully set to reflect the updates required to maximize its potential. Please Note: Respect the owners' request not to be disturbed. Private showings by appointment only. Don't miss out on this excellent investment opportunity! Whether you're looking for multi-generational living or a savvy investment with multiple rental units, this property has the potential to yield significant returns. Schedule a viewing and explore the possibilities that await you in this versatile property.
Address |
361 Wisonsin Avenue
El Cajon, CA 92020 |
Listing Status | ACTIVE |
Asking Price | $1,375,000 - $1,425,000 |
Original Listing | $1,655,000 @ 2023-07-22 |
Property Condition | Repairs Cosmetic |
Terms | Cash,Conventional,Exchange,FHA |
Property Type | RESIDENTIAL |
Sales Restrictions | Standard |
Mello-Roos Fee | $0 per Year |
HOA Fee | $0 |
Square Footage | 2205 sf |
Flooring | Carpet, Tile |
Bedrooms | 5 |
Full Bathrooms | 3 |
Directions | W Main St and Chambers St to Wisconsin Ave. |
Community Area | EL CAJON |
School District | Not Listed |
County | San Diego |
Assessor Parcel# | 4871720700 |
Geographic Areas |
Airport Compatibility Zone: Gillespie Field |
Highway Locator |
East of I-15 East of I-5 South of I-8 East of I-805 East of SR-163 South of SR-52 |
Ocean Distance | 27.0 miles |
Year Built | 1951 (source: Seller) |
Laundry Location | Community |
Elevator | Not Listed |
Cooling | Electric |
Heating | N/K |
Sewer/Septic | Public Sewer |
Fireplaces | Not Listed (N/K) |
Equipment | Dishwasher, Dryer, Washer, Water Line to Refr, Gas Range |
Interior Features | Granite Counters |
Platform | SDMLS |
AOR | |
MLS Number | SW23134768 |
Courtesy of | Allison James Estates & Homes |
https://www.californiatophomes.com/SW23134768
Style | All Other Attached 1 Story |
Material | Not Listed |
Floor Level | 1 of 1 |
Lot Size | 7,500-10,889 SF ~ 8,276 sf |
Fencing | Wood |
Topography | Not Listed |
Swimming Pool | N/K |
Patio | Covered, Enclosed, Patio |
Site | Curbs, Sidewalks |
Accessibility | Doors - Swing In |
Parking |
Total Spaces: 0
Garage Spaces: 0
Non-Garage Spaces:
0 -
Driveway,Shared Driveway
|
View | Neighborhood |
Unit Location | 1 common wall |