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!
Property Details
Price:
$550,000
MLS #:
PTP2406200
Status:
Active
Baths:
0
Address:
578 Millar Avenue 4874802000
Type:
Land
Neighborhood:
92020elcajon
City:
El Cajon
Listed Date:
Aug 14, 2024
State:
CA
ZIP:
92020
Lot Size:
8,400 sqft / 0.19 acres (approx)
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Schools
Interior
Exterior
Community Features
Curbs, Sidewalks, Storm Drains, Street Lights, Biking
Lot Features
2-5 Units/ Acre, Lot 6500-9999, Near Public Transit
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Neighborhood
Financial
Association Fee
0.00
Map
Community
- Address578 Millar Avenue 4874802000 El Cajon CA
- Area92020 – El Cajon
- CityEl Cajon
- CountySan Diego
- Zip Code92020
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Courtesy of Compass. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
578 Millar Avenue 4874802000
El Cajon, CA
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