431 Graves Ave - Health Care FOR SALE


El Cajon, CA 92020
$1,470,000 USD
702-866-9657
431 Graves Ave, El Cajon, CA for Sale
$1,470,000 USD
Health Care - FOR SALE
1/4
null | 9.12% Cap Rate

431 Graves Ave
El Cajon, CA 92020


HIGHLIGHTS

  • Existing income of $134,000+ annually
  • Seller willing to provide a seller's carry financing for up to 50% of the purchase price
  • Can be reposition or redevelop with ADU's or multifamily
  • Property has solar panels that are fully paid for

OVERVIEW

Cyrus & Emilia Inc is pleased to present an exceptional investment opportunity: a single-family residential property currently operating as an independent living facility. This property is fully permitted for use as an independent living or can be converted to a residential care facility. The sale includes the established independent living business, which generates a net income of $134,000+ annually, providing an opportunity for a new owner to either continue the business or explore other options, such as repositioning or redeveloping the property. Please note: Property visits are by appointment only and must be arranged through the broker. For additional details or to submit an offer, please contact the broker directly.

FOR SALE DETAILS

PRICE

$1,470,000 USD

PRICE/SF

$776 USD /SF

CAP RATE

9.12%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Health Care

ADD'L SUBTYPES

Assisted Living

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,588 SF

ZONING

RM-6000

APN/PARCEL ID

488-020-11

ASK ABOUT THIS PROPERTY

Cyrus RapinanCyrus & Emilia, Inc.More Info
702-866-9657

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Cyrus RapinanCyrus & Emilia, Inc.More Info
702-866-9657

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.