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977 Coleen Ct, El Cajon, CA 92021
Priced at Only: $2,700,000
For more Information Call
Mobile: 714.478.6676
Address: 977 Coleen Ct, El Cajon, CA 92021
Property Photos

Property Location and Similar Properties
- MLS#: 250026535SD ( Commercial/Residential )
- Street Address: 977 Coleen Ct
- Viewed: 7
- Price: $2,700,000
- Price sqft: $0
- Waterfront: No
- Year Built: Not Available
- Bldg sqft: 0
- Days On Market: 24
- Additional Information
- County: SAN DIEGO
- City: El Cajon
- Zipcode: 92021
- Provided by: JLM Real Estate Inc
- Contact: Jason Jason
- DMCA Notice
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Description977 Coleen Ct presents a rare, true value add opportunity in the heart of El Cajon. The property consists of 10 units six 2 bedroom/1 bath and four 1 bedroom/1 bath all larger than average floor plans for the area. Each unit includes a dedicated parking space, providing a competitive edge in tenant appeal. Currently operating at a 4.7% cap rate, the property offers a straightforward path to a 5.4% proforma through light operational improvements and strategic management. With stable in place income and a tenant base that supports long term cash flow, this asset is well positioned for investors looking to unlock additional value without heavy capital expenditure. Located in a high demand rental corridor with limited new supply, 977 Coleen Ct offers both immediate income and longer term upside in one of East Countys most resilient submarkets.
Features
Country
- US
Netoperatingincome
- 125832.00
Parcel Number
- 5072702400
Phase
- 10
Property Type
- Commercial/Residential
Totalmonthlyrent
- 18165

- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Mobile: 714.478.6676
- Fax: 714.975.9953
- salesbyxavier@gmail.com