North Park Mixed-use Building
Recently Closed
$750,000
Description
- Selling Purchase Price of $750,000
- First Time on the Market in Over 60 Years
- The Franco Realty Group Represented the Seller of the Real Estate
- Located a Buyer before it even hit the Market!
- All Cash, Quick 30 Day Close of Escrow
- Actual Selling CAP Rate = 2% (Seller’s Market!!!)
- One 725sf Retail Unit Leased to Fuji’s Flowers & Gifts
- One 1,000sf 2Bed/1Bath Apartment, & One 1,000sf Garage/Storage
- Additional 4 Uncovered Parking Spaces in Rear with Alley Access
- 5,323 SqFt Lot with 38 Feet of Frontage Along El Cajon Boulevard
- Estimated 39,900 Cars Per Day and Plenty of Foot Traffic (Sandag)
- West of Interstate 805 and 1 Block from 30th St in North Park