1364-66 Naranca Ave, El Cajon, CA 92021

$1,550,000
120,900
SqFt
List Price
$1,550,000
Days on Market
25
Status
ACTIVE
MLS#
240006607
Living Sq. Ft
120,900
Lot Size(Range)
.25 to .5 AC
Lot Size(apprx.)
14,329
City
El Cajon
Neighborhood
El Cajon
Property Type
Multifamily
Year Built
1973

Property Description

Welcome to 1364-66 Naranca Ave, a truly exceptional property that stands out as the crown jewel of El Cajon. This remarkable investment opportunity boasts three detached homes, each offering unparalleled luxury, privacy, and modern amenities. Currently generating an impressive gross monthly rent of $10,075, this cash cow promises lucrative returns from day one. Step into each of the meticulously crafted homes and prepare to be amazed. No detail has been spared in these residences, with every inch exuding quality and sophistication. Whether you're an investor seeking a turnkey income property or a homeowner looking for multi-generational living options, this property has it all. Each home features its own separate access, HVAC system, and laundry facilities, ensuring convenience and comfort for all occupants. The spacious yards are a haven for relaxation and entertainment, showcasing maintenance-free landscaping, expansive trex decks, and a combination of concrete and turf for easy upkeep. Privacy is paramount, with 9-foot modern security fencing separating each unit, allowing residents to enjoy their own secluded oasis. Strategically located near freeways and shopping centers, this property offers unmatched convenience and accessibility. Whether you're considering multi-family living, house hacking, or pure investment potential, this property presents an unparalleled opportunity. Additionally, savvy investors can explore the benefits of a cost segregation study, potentially unlocking significant tax advantages.

Additional Information

Living Area
120,900
Lot Size
14,329
Lot Size Range
.25 to .5 AC
Neighborhood
El Cajon
Stories
2 Story
Style
Res Income 2-4 Units
Year Built
1973
Supplemental
Opportunities like this are rare, so don't miss your chance to own a piece of El Cajon's finest real estate. Seize this moment and schedule your viewing of 1364 Naranca Ave today!

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Tony Elias (619-838-9838) from Listing Office: Compass.

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