El Cajon, CA 92020,578 Millar AVE
El Cajon, CA 92020,578 Millar AVE
El Cajon, CA 92020,578 Millar AVE
El Cajon, CA 92020,578 Millar AVE
El Cajon, CA 92020,578 Millar AVE
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$ 550,000
Est. payment | /mo

8,398 Sqft Lot


$ 550,000
Est. payment | /mo

8,398 Sqft Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID PTP2406200

HOA Y/N No

Lot Size 8,398 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

Interior

Fireplace No

Exterior

Community Features Biking, Curbs, Storm Drain(s), Street Lights, Sidewalks

View Y/N Yes

View Neighborhood

Building

Lot Description 2-5 Units/Acre, Near Public Transit

Others

Senior Community No

Tax ID 4874802000

Acceptable Financing Cash, Conventional, Owner Will Carry

Listing Terms Cash, Conventional, Owner Will Carry

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Marlyn Gonzalez • Compass • marlyngonzalezrealty@gmail.com
agent-avatar

michelle@michellehomesellingteam.com

515 S Myrtle Ave, Monrovia, CA, 91016, USA

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578 Millar AVE