773 N Mollison Ave

Description

HUGE PRICE REDUCTION. Seller motivated, submit all offers. Attention Developers and Builders! This is a must see opportunity! This property is being marketed for its highest and best use which is Condos, Apartments plus possible additional ADU’s. Current zoning is Residential Multi Family R3 / RM2500. Lot size is approximately 15,689. El Cajon City Zoning says 6 units plus perhaps 2 additional. Buyer to verify all at El Cajon City Building Department. This area of Mollison in El Cajon has a high number of multi residential properties. This lot has a high walk score and is adjacent to Dennys, Starbucks, convenience stores and gas stations. It is within walking distance to Wendy’s, Seven Eleven, and other grocery and fast food stores. Easy access to all with Interstate 8 so close. And, there are elementary, middle and high schools near-by. House that is on property is in good shape. It has nearly 2500 square feet. At some point the patio was enclosed and garage converted, adding considerable living area to the square footage listed on the tax rolls. House now has 4 bedrooms, 2 baths with a really big family room and inside laundry. UPDATE: Property is held in a family trust, permits are unknown. Property was long term tenant occupied. Tenant just moved out and property is being cleaned. Interior needs to be refurbished. Although the information provided herein is thought to be reliable, the buyer and buyers agent MUST satisfy themselves by performing their own due diligence to research and verify all information pertaining to this property prior to the removal of contingencies.

Listing information courtesy of: Karen Hubbard, Karen Hubbard, Broker . *Based on information from the Association of REALTORS/Multiple Listing as of 10/22/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.