Property Details
About this Property
977 Coleen Ct presents a rare, true value-add opportunity in the heart of El Cajon. The property consists of 10 units — six 2-bedroom/1-bath and four 1-bedroom/1-bath — all larger-than-average floor plans for the area. Each unit includes a dedicated parking space, providing a competitive edge in tenant appeal. Currently operating at a 4.7% cap rate, the property offers a straightforward path to a 5.4% proforma through light operational improvements and strategic management. With stable in-place income and a tenant base that supports long-term cash flow, this asset is well-positioned for investors looking to unlock additional value without heavy capital expenditure. Located in a high-demand rental corridor with limited new supply, 977 Coleen Ct offers both immediate income and longer-term upside in one of East County’s most resilient submarkets.
MLS Listing Information
MLS #
SD250026535
MLS Source
San Diego MLS
Days on Site
7
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | 10 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | – | 0/0 | – | $5,850 | – |
| 2 | – | – | 0/0 | – | $3,250 | – |
| 3 | – | – | 0/0 | – | $1,725 | – |
| 4 | – | – | 0/0 | – | $1,845 | – |
| 5 | – | – | 0/0 | – | $1,595 | – |
| 6 | – | – | 0/0 | $1,875 | $1,875 | – |
| 7 | – | – | 0/0 | $2,025 | $2,025 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
977 Coleen Ct is a Residential Income in El Cajon, CA 92021. This – square foot property sits on a 13,027 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,700,000 and was built in –. This address can also be written as 977 Coleen Ct, El Cajon, CA 92021.
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This listing information is up-to-date as of May 05, 2025. For the most current information, please contact Jason Lee, (858) 343-4655
