El Cajon, CA 92021,1477 Broadway
El Cajon, CA 92021,1477 Broadway
El Cajon, CA 92021,1477 Broadway
El Cajon, CA 92021,1477 Broadway
El Cajon, CA 92021,1477 Broadway
El Cajon, CA 92021,1477 Broadway
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$4,925,000

$5,050,000

2.5%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 08/28/2024

Key Details

Sold Price $4,925,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 240011256

Sold Date 08/28/24

Property Description

Broadway Estates is a 16-unit multifamily investment property located at 1477 Broadway, El Cajon, California. Built in 1986, Broadway Estates offers exclusively spacious two-bedroom floor plans, each with two bathrooms and in-unit stackable laundry machines. Furthermore, the property offers desirable amenities including ample garage and surface parking, a spacious courtyard, private patios and balconies, and a swimming pool. Current ownership has invested significant capital into the property, with work completed since 2021 including new pool fencing, new patio fencing, a repaved concrete driveway, as well as a resurfaced pool and pool deck. Broadway Estates benefits from its optimal El Cajon location, in close proximity to an abundance of local area amenities. The property is situated within one mile of Madison Elementary School, Montgomery Middle School, and Granite Hills High School. Additionally, the property is located near shops and restaurants along 2nd Street and Main Street, two major thoroughfares in the area. Furthermore, Broadway Estates is located just over two miles from Parkway Plaza, one of the premier shopping destinations in the area with over 1.3 million square feet of retail, dining, and entertainment space.

Location

State CA

County San Diego

Area El Cajon (92021)

Building

Story 2

Others

Space Rent $413,124

Financing Cash to New Loan

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San Diego Regional MLS (SDMLS)
Listed by Aaron Bove • Marcus & Millichap
Bought with Mark Bridge • Mark Bridge, Broker
agent-avatar

+1(858) 449-1101

theresa@octagonre.com

1420 Kettner Blvd, Suite 100, Diego, CA, 92101, United States

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