• El Cajon, CA 92020

  • Multi-family (2-4 units) / Owner Financing

Property Details for null St, El Cajon, CA 92020

Facts

Description

This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.

Fletcher Hills Four Units in Two duplexes and detached Garages with coin laundry on Cul-de-Sac near Griffin Park and Grossmont High on Murray Hill. Large lot has potential for ADUs subject to city approval. All tenants are long term with good credit and large deposits. GSI over $99K with room for increases. The Four Garages could rent for $250-300 each, owner uses two garages. One unit 1035 is newly upgraded with new bathroom, AC and washer/dryer hookups. Subject to seller's 1031 exchange. Potential seller carryback with large down and excellent buyer credit.

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