Multifamily
8921-25 Cottonwood Ave
8921-25 Cottonwood Ave, Santee, CA 92071
Listing Price: $2,500,000
Investment Overview
Zorbas, Huffman, and Partners of Marcus & Millichap is pleased to present 8921-25 Cottonwood Avenue, a luxury 7-unit property located in Santee, California. The subject property is situated on two separate contiguous parcels that total 15,682 sq ft. The property is comprised of six (6) two-bedroom/one-bathroom units and one (1) three-bedroom/two-bathroom unit. Two of the units at the property were constructed in 2023 and all units are cottage style.
The property has recently undergone an extensive $700,000+ interior and exterior remodel. The unit interiors feature quartz counter tops, energy efficient remote-controlled heating and air, a large full bath with a full tile surround, ceiling fans, washer/dryer hookups, laminate plank floorings, stainless appliances, and new kitchen and bathroom cabinets. The property also has new energy efficient windows, brand new electrical, gas, and upgraded plumbing systems. Additionally, tenants can enjoy private yards and abundant off-street parking.
Santee, located just 19 miles to the northeast of vibrant San Diego, presents an enticing investment opportunity. This East County suburb is characterized by a thriving community that strikes a balance between open spaces and urban amenities, creating a strong and stable local economy. Residents are drawn here by an abundance of community parks, over 60 miles of scenic trails, access to the serene San Diego River, and proximity to the stunning Cleveland National Forest.
8921-25 Cottonwood Ave
Investment Highlights
- Turnkey Investment Opportunity
- Desirable unit mix of two- and three-bedroom cottage style units
- Over $700,000 in recent capital improvements and unit upgrades
- Market-rate asset that provides shelter from California AB-1482 rent control measures
- Extensively remodeled interiors with luxury finishes and modern design
- Abundant off-street parking for tenants
- Each unit has a private yard
Listing Price: $2,500,000
Investment Highlights
- Turnkey Investment Opportunity
- Desirable unit mix of two- and three-bedroom cottage style units
- Over $700,000 in recent capital improvements and unit upgrades
- Market-rate asset that provides shelter from California AB-1482 rent control measures
- Extensively remodeled interiors with luxury finishes and modern design
- Abundant off-street parking for tenants
- Each unit has a private yard
Investment Overview
Zorbas, Huffman, and Partners of Marcus & Millichap is pleased to present 8921-25 Cottonwood Avenue, a luxury 7-unit property located in Santee, California. The subject property is situated on two separate contiguous parcels that total 15,682 sq ft. The property is comprised of six (6) two-bedroom/one-bathroom units and one (1) three-bedroom/two-bathroom unit. Two of the units at the property were constructed in 2023 and all units are cottage style. The property has recently undergone an extensive $700,000+ interior and exterior remodel. The unit interiors feature quartz counter tops, energy efficient remote-controlled heating and air, a large full bath with a full tile surround, ceiling fans, washer/dryer hookups, laminate plank floorings, stainless appliances, and new kitchen and bathroom cabinets. The property also has new energy efficient windows, brand new electrical, gas, and upgraded plumbing systems. Additionally, tenants can enjoy private yards and abundant off-street parking. Santee, located just 19 miles to the northeast of vibrant San Diego, presents an enticing investment opportunity. This East County suburb is characterized by a thriving community that strikes a balance between open spaces and urban amenities, creating a strong and stable local economy. Residents are drawn here by an abundance of community parks, over 60 miles of scenic trails, access to the serene San Diego River, and proximity to the stunning Cleveland National Forest.
