Mixed Use – 2 Retail Buildings Plus 9 Residential

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Address: 8663 Fanita Dr, Santee, CA 92071, USA
Created date: August 20, 2024
Date last updated: August 20, 2024
  • Diverse Mixed-Use Facilities: Liquor & market store, taco shop, homes, duplexes.
  • Ample Residential Amenities: Dedicated off-street parking, private yards, water heaters, washer & dryer hookups.
  • Outstanding Curb Appeal: Newer roof, fresh paint, clean signage.
  • Well-Maintained Grounds: Trimmed palm trees, good asphalt.

Property Description

AN EXCEPTIONAL OPPORTUNITY TO OWN A ONE-OF-A-KIND MIXED-USE PROPERTY IN SANTEE, CA We are delighted to offer an exclusive opportunity to acquire a unique mixed-use property situated on a generous 1.16-acre lot. This rare property features a stand-alone liquor & market store, a stand-alone drive-through taco shop, five stand-alone homes, and two duplexes, bringing the total number of residential units to nine. Each residential unit boasts ample off-street parking, a private yard, individual water heaters, and washer & dryer hookups. This truly well-maintained property has good curb appeal, featuring a newer roof, freshly painted exteriors, bright and clean signage, easy-to-maintain grounds with recently trimmed palm trees, and well-maintained asphalt paving throughout, all in a prime location. Contact us today at (619) 483-1031 or visit www.DougTaber.com to learn more about this incredible opportunity to own the rarely available East County gem!

Key Property Information

Listing Status: Available
Listing Type: Highest & best offer
Property Types: Apartment Buildings
Price: $4,199,000
No. of Units: 11
Cap Rate: 3.5%
GRM /GIM: 15.3
Average Occupancy: 100
Lot Size: 50,529.00 Sq ft
No. of Stories: 1
APN: 386-050-36-00
Opportunity Zone: No
Price per unit: $381,727
Parking Spaces: 15
Address: 8663 Fanita Dr, Santee, CA 92071, USA

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