340 Orlando St, El Cajon, CA 92021
340 Orlando St, El Cajon, CA 92021
340 Orlando St, El Cajon, CA 92021
340 Orlando St, El Cajon, CA 92021
340 Orlando St, El Cajon, CA 92021
340 Orlando St, El Cajon, CA 92021
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Travis Breton

Travis Breton

+1(760) 470-2752
$ 4,700,000
Est. payment | /mo

0.57 Acres Lot

Save
$ 4,700,000
Est. payment | /mo
Save

0.57 Acres Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 260018202SD

HOA Y/N No

Lot Size 0.570 Acres

Property Sub-Type Mixed Use

Property Description

Northwinds Apartments is a 20-unit garden community at 340 Orlando Street in El Cajon, fully gated and built around a lush, meticulously maintained central courtyard. The property is 100% occupied with long resident tenure, averaging nearly four and a half years, and offers 18 one bedroom homes at 550 square feet and two two bedroom homes at 750 square feet, each with a private patio and generous storage. Eleven garages, nine with direct courtyard access, and ample additional gated parking serve the community. Built in 1977 and well maintained since, every unit shows in strong condition with quartz or granite countertops, and finish levels leave room for a moderate value-add program on turns. Central water heaters were replaced within the last five to six years. Gross rents sit roughly 11% below market, giving the next owner a clear path to income growth on an already stabilized asset in one of San Diego County's tightest rental submarkets.

Location

State CA

County San Diego

Area 92021 - El Cajon

Interior

Fireplace No

Exterior

Total Parking Spaces 33

Others

Tax ID 48914047

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Erik Anderson Newmark of Southern California #01991182

Nearby Locations

Travis Breton

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA, 92008, USA

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340 Orlando St

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