578 Millar Avenue
El Cajon, CA 92020
- – beds
- – baths
- – sqft
- 8,400 sqft lot
- – on site
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!
Listed By CRMLS_CA / Marlyn Gonzalez / Compass / marlyngonzalezrealty@gmail.com
Last checked:
Checking…
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Last updated Oct 9, 2024
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MLS# PTP2406200 —
This property is listed in more than one place. See it here.
Location
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Directions:GPS
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Latitude:32.78985300
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Longitude:-116.97470100
The Property
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Property Type:Land
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Zoning:R-3:RESTRICTED MULTIPLE
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Lot Features:2-5 Units/Acre, Lot 6500-9999, Near Public Transit
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Lot Size Area:8400.0000
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Lot Size Acres:0.1928
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Lot Size SqFt:8400.00
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Lot Size Source:Assessor
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View:1
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View:Neighborhood
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Fence:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:002028
The Listing
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Special Listing Conditions:Standard
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Parcel Number:4874802000
The Community
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Features:Curbs, Sidewalks, Storm Drains, Street Lights, Biking
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Association:No
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Senior Community:No
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Assessments:No
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Distance To Water Comments:N/A
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
10/8/24
Oct 8, 2024
|
Listed / Active | CRMLS_CA | $550,000 |