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Listed by Marlyn D Fuentes • Compass
$ 650,000
Est. payment /mo
Active
578 Millar Avenue El Cajon, CA 92020
8,400 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 8P-2505917
Lot Size 8,400 Sqft
Property Description
Discover a remarkable chance to invest in a strategically located parcel of land with plans for multi-unit development. This property offers the potential for five fully designed residential units, ideal for generating rental income or for resale opportunities. Positioned in the heart of El Cajon, it benefits from close proximity to major freeways and bustling shopping centers, providing unparalleled convenience for future tenants or buyers. The land is situated within an area with city-approved plans aimed at enhancing transit, housing, and public spaces. This forward-thinking development plan ensures a promising future for the neighborhood, making it a smart investment for both immediate returns and long-term growth. Whether you're looking to capitalize on rental income or take advantage of a high-demand real estate market, this property offers the ideal canvas for your next project. Seize this opportunity to be part of El Cajon's dynamic transformation!
Location
State CA
County San Diego
Area 92020 - El Cajon
Zoning R-3:RESTRICTED MULTIPLE RM- 22
Exterior
Community Features Biking, Curbs, Sidewalks, Storm Drains, Street Lights
View Y/N Yes
Building
Lot Description Lot 6500-9999, Near Public Transit, 2-5 Units/Acre
Others
Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2406200
