SOLD
NorthMarq Brokers Sell El Cajon Multifamily For $3.44M
431 Van Houten Avenue
MultiFamily
Sold 67 days ago
Summary
Sale
CALIFORNIA
MultiFamily
The multifamily property located at 431 Van Houten Avenue in El Cajon was sold for $3.44 million. The property, built in 1986, consists of eight three-bedroom townhome units, making it an attractive investment in the affordable El Cajon submarket.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,440,000
- Units: 8
- Price Per Unit: $430,000
- Address: 431 Van Houten Avenue
- Market: El Cajon
The sale of the property was facilitated by NorthMarq's San Diego team, led by Senior Vice Presidents Erik Anderson and Benn Vogelsang. Their expertise and efforts in marketing the unique mix of units and rental appeal of the property played a significant role in attracting buyer interest and successfully closing the deal.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Benn Vogelsang & Erik Anderson
DATE: 02/26/2024
ADDRESS: 431 Van Houten Avenue
MARKET: El Cajon
ASSET TYPE: Multifamily
BROKERS: Benn Vogelsang (@Sandiego.Benn) & Erik Anderson - NorthMarq (@Northmarq)
SALE PRICE: $3,440,000
UNITS: 8 ~ PPU: $430,000
NOTE: Northmarq's San Diego team, headed by SVPs Erik Anderson and Benn Vogelsang, sold an eight-unit multifamily property in El Cajon for $3.44 million. The property, built in 1986 and featuring three-bedroom townhome units, attracted attention for its unique mix and rental appeal in the affordable El Cajon submarket.View on map
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Address431 Van Houten Avenue
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