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7240 El Cajon Blvd San Diego, CA 92115
$7,700,000

Team Member Representing this Property

Keegan McNamara

Keegan McNamara

Listing Agent

CA DRE# 01853692

Property Description

The Roman Villa Apartments consists of 28 units located within 1 mile of San Diego State University. The proximity of this property to San Diego’s largest college campus presents the new owner with the opportunity to increase revenue by renting to college students looking for an apartment close to campus. Roman Villa is located on El Cajon Boulevard, a major transportation corridor, which allows easy access to the nearby college campus and major employers via public transportation, bicycle, or walking. Roman Villa was built in 1972 and consists of 26 – 2 Bedroom/1 bath units, 2 – 1 Bedroom/1 bath units, and 2 studios. The property boasts a well landscaped interior courtyard with built-in BBQ, alley access covered parking, an interior lobby, and on-site laundry. This low maintenance property is the perfect building for an investor looking to invest in the La Mesa/College area. There is a possibility of increasing the income from the cellular antenna by adding antennas from additional carriers.

Property Details/Features: “Available upon request.”

Property Details & Features

Bedrooms

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Full sized bathrooms

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Half sized bathrooms

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SqFt

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Year Built

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Levels

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Parking Spaces

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Taxes

  • $0

HOA

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