This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

4224-4228 El Cajon Blvd

6,752 SF Retail Building San Diego, CA 92105 $3,795,000 ($562/SF) 3.10% Cap Rate

Investment Highlights

  • 3 tenants on a month-to-month lease.
  • 90% occupied leasing last available space soon.
  • Located near the freeway with a bus stop in front of property.

Executive Summary

Investor / developer wanted! Great opportunity to own this commercial property to build multi-family residential units & commercial spaces. Located near the freeway with a bus stop in front of property. Site-plan drawing for 78 residential units & 3 commercial spaces over 8 floors is available for serious buyer to review. There are 3 tenants on a month-to-month lease.
Currently 90% leased and the reported rent is $9,000 per month.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,752 SF
Building Class
C
Year Built
1942
Price
$3,795,000
Price Per SF
$562
Cap Rate
3.10%
NOI
$117,600
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.55
Lot Size
0.28 AC
Zoning
C - Commercial
Frontage
123 FT on El Cajon Blvd

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Air Conditioning
Walk Score ®
Walker's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Bank of America
Roberto's Taco Shop
Ymca
Starbucks
Chase Bank
Citi
Waba Grill
California Bank & Trust
Denny's
Vons

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
471-051-15
Land Assessment
$457,323
Improvements Assessment
$369,480
Total Assessment
$826,803
  • Listing ID: 32746657

  • Date on Market: 8/9/2024

  • Last Updated:

  • Address: 4224-4228 El Cajon Blvd, San Diego, CA 92105

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}