Listing Provided Courtesy ofMarcus & Millichap Tour
We are pleased to present 858 South Orange Avenue apartments, a well maintained 5-unit property located in El Cajon, California. Constructed in 1978, the property is positioned on 0.24 acres and is comprised of 4 two-bedroom/one-bath and 1 two-bedroom/two-bath apartments. The property is located near El Cajon Boulevard, the major thoroughfare going through San Diego, La Mesa, and El Cajon. Parkway Plaza, an enclosed mall with over 170 stores, is the premier shopping destination for San Diegos East county and is conveniently located 2-miles away. Residents also benefit from quick access to Interstate-8 and a transit oriented neighborhood with many nearby public transportation options. The Orange Avenue apartments provide an investor the opportunity to acquire stable cash flow in El Cajon, where the vacancy rate is among the lowest in San Diego County and the effective rent growth is stronger compared to average growth in San Diego.
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Listing Courtesy ofMarcus & Millichap