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Key Details
Sold Price $4,142,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 210017481
Sold Date 10/07/21
HOA Y/N No
Lot Size 0.380 Acres
Acres 0.38
Property Description
424 Emerald Avenue is a 14-unit apartment complex that has been recently renovated. The 11,840 square foot structure was built in 1959 and is situated on a 16,569 square foot lot. The unit mix consists of 3 approximately 950 square foot 3Bd/1Ba units and 11 approximately 825 square foot 2Bd/1Ba units. The secure complex features gated off-street parking, tankless water heaters, and an onsite laundry room. The interiors have new laminate flooring, crown molding, baseboards, drywall, paint/texture, ceiling fans, electrical outlets/covers, A/C, window treatments, electrical subpanels, and common washers and dryers. Exterior improvements include new staircases, vinyl windows, exterior paint, and landscaping. The kitchens and baths have new plywood cabinets, quartz countertops, sinks, toilets, doors and hardware. The bedrooms have new doors/hardware, mirrored closet doors, and balconies. There is an assumable Luther Burbank loan on the property.
Location
State CA
County San Diego
Area 92020 - El Cajon
Interior
Fireplace No
Exterior
Total Parking Spaces 14
Others
Tax ID 4875412100
Financing Cash to New Loan
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Bought with Benn Vogelsang • South Coast Commercial, Inc.
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