MLS# PTP2403720 – 773 N Mollison Ave, El Cajon, CA 92021

Price: $1,120,000
Beds: 4
Baths: 2
Living Area SqFt: 2,500
Status: Active
Property Type: Detached
Lot Size Acres: 0.36
Lot Size SqFt: 15,689
Year Built: 1950
Days on Website: 85

Courtesy of Karen Hubbard, Broker.

Property Description

HUGE PRICE REDUCTION. Seller motivated, submit all offers. Attention Developers and Builders! This is a must see opportunity! This property is being marketed for its highest and best use which is Condos, Apartments plus possible additional ADUs. Current zoning is Residential Multi Family R3 / RM2500. Lot size is approximately 15,689. El Cajon City Zoning says 6 units plus perhaps 2 additional. Buyer to verify all at El Cajon City Building Department. This area of Mollison in El Cajon has a high number of multi residential properties. This lot has a high walk score and is adjacent to Dennys, Starbucks, convenience stores and gas stations. It is within walking distance to Wendys, Seven Eleven, and other grocery and fast food stores. Easy access to all with Interstate 8 so close. And, there are elementary, middle and high schools near-by. House that is on property is in good shape. It has nearly 2500 square feet. At some point the patio was enclosed and garage converted, adding considerable living area to the square footage listed on the tax rolls. House now has 4 bedrooms, 2 baths with a really big family room and inside laundry. Property is held in a family trust, permits are unknown. Property is long term tenant occupied. The Tenant is willing to stay on. The terms of which can be negotiated with new buyer. This could help bring in income while development gets under way. Please do not disturb occupant. Drive by showing only for now. Although the information provided herein is thought to be reliable, the buyer and buyers agent MUST satisfy themselves by performing their own

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Property Details and Features

  • Bathrooms
  • 2 full bathrooms
  • 2 total bathrooms
  • Bedrooms
  • 4 bedrooms
  • 4 total bedrooms
  • Building
  • 2,500 estimated square feet
  • Built in 1950
  • 1 story
  • 1 unit in complex
  • 1 story
  • Cooling
  • Other/Remarks
  • Laundry
  • Laundry Room
  • Inside
  • Listing
  • Source: SDMLS
  • For Sale
  • 63 days on market
  • Listed on 2024-06-25
  • Location
  • County: San Diego
  • Lot
  • Approximately 15,689 square feet
  • Approximately 0 acres
  • Miscellaneous
  • Value in Land
  • Parking
  • 20 total parking spaces
  • Property
  • Exclusive use yard
  • Schools
  • High School: Grossmont Union High School District

Property Map

$1,120,000 – 773 N Mollison Ave, El Cajon, CA 92021

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