594 Graves Ave
El Cajon, CA 92020

594 Graves is a 10 unit apartment complex with a desirable unit mix of 2 bedroom 1 bath units. The property sits on a 19,973 sq. ft. lot in El Cajon. The property has income producing laundry and storage closets onsite and there is still room for exterior upgrades. This apartment makes a great investment property and can reach a CAP rate of 7.2% if stabilized. Current rents range from $1300 to $1750 per month. 6 out of 10 units have been fully renovated and there is a new roof. The exterior of the property has been recently painted.