Description
Looking for the right investment property that checks off so many boxes?! This is the one for you! Whether you’re looking to live in one unit and rent the others, potentially split the lot, buy and hold for cash flow, develop potentially 14 units, or put a dispensary (Conditional use permit already approved), this property offers it all. Each of the 3 units features all new paint, floor, and countertops which makes this property completely move in ready! With the mixed use C-D-MU zoning there’s massive upside potential here with potentially being able to put 14 units here and having the rents from the 3 units help pay holding costs. The property has 2 street frontages on both Hillside and El Cajon Blvd which provides endless opportunities for future development. Located in close proximity to Downtown La Mesa, 8 freeway, El Cajon Blvd and all of the best La Mesa has to offer this is a great opportunity that you won’t want to miss.
-
4BEDS
-
0.15ACRES
-
3BATHS
-
01/2 BATHS
-
1,558SQFT
-
$610$/SQFT
School Ratings & Info
Description
Looking for the right investment property that checks off so many boxes?! This is the one for you! Whether you’re looking to live in one unit and rent the others, potentially split the lot, buy and hold for cash flow, develop potentially 14 units, or put a dispensary (Conditional use permit already approved), this property offers it all. Each of the 3 units features all new paint, floor, and countertops which makes this property completely move in ready! With the mixed use C-D-MU zoning there’s massive upside potential here with potentially being able to put 14 units here and having the rents from the 3 units help pay holding costs. The property has 2 street frontages on both Hillside and El Cajon Blvd which provides endless opportunities for future development. Located in close proximity to Downtown La Mesa, 8 freeway, El Cajon Blvd and all of the best La Mesa has to offer this is a great opportunity that you won’t want to miss.
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.