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$ 899,000
Est. payment | /mo
4 Beds
2 Baths
0.45 Acres Lot
$ 899,000
Est. payment | /mo
4 Beds
2 Baths
0.45 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PTP2607468
Bedrooms 4
Lot Size 0.446 Acres
Lot Dimensions 196x99
Property Sub-Type Res Income 2-4 Units
Property Description
TWO DETACHED HOMES + ROOM FOR MORE! A rare opportunity for an owner-occupant, investor, or buyer looking for future upside. 12701272 Marline Ave features two separate 2-bedroom, 1-bath homes situated on one large approximately 0.45-acre parcel in El Cajon. Live in one and rent the other to help offset your monthly housing expense, create a multi-generational living arrangement, or enjoy the privacy and flexibility of two detached residences on one property. Both homes are currently tenant occupied. The tenants would like to remain, but continued tenancy is not a condition of the sale, giving the new owner added flexibility. And there may be more opportunity ahead. The generous lot size may provide potential for a strategically located third residence, ADU, additional development, or a future property configuration designed to preserve the existing homes while maximizing the use and value of the land, subject to City approval. This is the kind of property that can work today while offering possibilities for tomorrowtwo existing homes, rental income potential, owner-occupancy options, a large parcel, and potential development upside all in one package. VA, FHA and Conventional financing welcome, subject to buyer and property qualification. Convenient El Cajon location near shopping, schools, transportation and freeway access. Buyer to independently verify zoning, allowable density, ADU/additional dwelling potential, subdivision or lot-split possibilities, setbacks, parking, utilities, financing requirements and all proposed uses with the City of El Cajon, lender and appropria
Location
State CA
County San Diego
Direction GPS
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 4842523200
Acceptable Financing Cal Vet, Cash, FHA, VA
Listing Terms Cal Vet, Cash, FHA, VA
Listed by Allan Arthur, DRE#01010170 Todd Mitchel Broker
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "