Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Duplex

Bedrooms

4

Bathrooms

3

Building size

1,702 sqft

Lot size

19,427 sqft

Year built

1950

Stories

1

Garage spaces

3

Cooling

Central Air,Wall/Window Unit(s),See Remarks

Pool

None

View

None

Status

Active

Days on market

18

MLS #

247869985

About this property

TWO DETACHED HOMES + ROOM FOR MORE! A rare opportunity for an owner-occupant, investor, or buyer looking for future upside. 1270–1272 Marline Ave features two separate 2-bedroom, 1-bath homes situated on one large approximately 0.45-acre parcel in El Cajon. Live in one and rent the other to help offset your monthly housing expense, create a multi-generational living arrangement, or enjoy the privacy and flexibility of two detached residences on one property. Both homes are currently tenant occupied. The tenants would like to remain, but continued tenancy is not a condition of the sale, giving the new owner added flexibility. And there may be more opportunity ahead. The generous lot size may provide potential for a strategically located third residence, ADU, additional development, or a future property configuration designed to preserve the existing homes while maximizing the use and value of the land, subject to City approval. This is the kind of property that can work today while offering possibilities for tomorrow—two existing homes, rental income potential, owner-occupancy options, a large parcel, and potential development upside all in one package. VA, FHA and Conventional financing welcome, subject to buyer and property qualification. Convenient El Cajon location near shopping, schools, transportation and freeway access. Buyer to independently verify zoning, allowable density, ADU/additional dwelling potential, subdivision or lot-split possibilities, setbacks, parking, utilities, financing requirements and all proposed uses with the City of El Cajon, lender and appropriate agencies.

Location

72 marline Avenue

El Cajon, San Diego, CA, 92021