Listing provided courtesy of Marlyn Gonzalez of Compass. Last updated 2024-10-10 09:18:38.000000. Listing information © 2024 Sandicor.
Asking Price: $550,000
578 Millar, El Cajon CA 92020
Community:
This Lots/Land property was built in and is priced at $550,000. Please see the additional details below.
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!
