











Description
+++++++++++++++ INVESTMENT / DEVELOPMENT OPPORTUNITY +++++++++++++++ Income Producing Property +++++++++++++++ --------------------------------------------------- THREE DETACHED HOUSES on ONE Lot ---------------------------------------------------------------------- 3 DETACHED Single Family Residences (SFR) on One Lot {13429 .. 3BD/2BA .. 1,099 SF} & {13431 .. 1BD/1BA .. 871 SF} & {13469 .. 1BD/1BA .. 867 SF}, long term Tenants were notified to Vacate by 06/15/2023; this enables the Buyer/Investor flexibility to upgrade, Renovate, or add more Units and rent them with higher & current Rental values .... OR, you can live in one of the three houses and collect rents from the other two Houses ................. BONUS-- Property Qualities for Senate Bill 9 (SB9) Lot Split, which potentially means can be SPLIT into Two Legal Parcel with a Recorded Parcel Map as long as other Lot Split Requirements are met including Utilities services provisions ..... The Developer can propose additional Residential Units upon the Lot Split Approval .. or can add an ADU .............. There are TWO APNs for this property for property Tax Purposes ...... 398-310-06 (13431Hwy 8 Business, Lakeside CA 92040) -- and -- 398-310-07 (13429 & 13469 Hwy 8 Business, El Cajon CA 92021 ....... Both APNs are with One Fee Legal Description .. and MUST be Sold Together, not separately ------ Per Owner's input, All Structures were Built in 1942 and moved to their current location in 1962 ---- ----- THAT'S A TOTAL OF 3 DETACHED HOUSES ON SAME LOT -----
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Listing Agent: Nick Aljabi
Listing Office: Aljabi Architecture & Realty
Attribution contact: 619-490-9675