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EXECUTIVE SUMMARY
Commercial Asset Advisors, as the exclusive marketing advisor to the Seller, is pleased to present to qualified investors, the outstanding opportunity to acquire The Boulevard, a 8-unit multi-family property with an existing motel license for potential short-term rentals. The asset presents a rare opportunity to acquire a multi-family property in the center of the city’s plan for “El Cajon Village”. Work is already underway to give this corridor a “Main Street” feeling with a highly walkable environment. Additionally, the property includes on-site parking (gated) and solar for the convenience of residents.
PROPERTY FACTS
| Sale Type | Investment | Building Class | C |
| No. Units | 8 | Lot Size | 0.11 AC |
| Property Type | Multifamily | Building Size | 4,792 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1938/2024 |
| Zoning | R3, El Cajon | ||
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 4,792 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1938/2024 |
| Zoning | R3, El Cajon |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
1 1
Walk Score®
Very Walkable (73)
PROPERTY TAXES
| Parcel Number | 487-500-11 | Improvements Assessment | $934,896 CAD |
| Land Assessment | $1,438,302 CAD | Total Assessment | $2,373,198 CAD |
PROPERTY TAXES
Parcel Number
487-500-11
Land Assessment
$1,438,302 CAD
Improvements Assessment
$934,896 CAD
Total Assessment
$2,373,198 CAD
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The Boulevard | 638 El Cajon Blvd
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