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ASSUMABLE FINANCING AVAILABLE, INQUIRE WITH LISTING AGENT. We are pleased to present the Olive Tree Apartments. The Olive Tree Apartments are located at 8858 Olive Lane Santee, CA 92071. This 26-unit apartment community was built in 1979 and sits on a 43,996 square foot lot. The property is comprised of (1) 1bed+1bath unit, & (25) 2bed+2bath units, and 36 surface level parking spaces. The Olive Tree Apartments include a communal BBQ outdoor area, on site laundry, and private balconies or patios for all units. Recent upgrades include but are not limited to a newer roof, parking lot improvements, and outdoor lighting & landscaping. Held long-term by current ownership, the property represents an excellent value add opportunity for astute investors to fix up the units and increase cash flow. The Olive Tree Apartments are less than a mile away from local shopping including Mission Gorge Square Shopping Center, Santee Trolley Square, and Santee Town Shopping Center and Trolley Station. This superb location offers tenants the ability to walk to local shopping, dining, and more. This location also offers easy access to main thoroughfares such as Mission Gorge Road and State Route 52.PROPERTY FEATURES
Total Number of Units : 26
Amenities : BBQ
Total Number of Parking Spaces : 36
Parking Description : Spaces
Exterior : Fully Landscaped
Number of Buildings : 1
Cooling : Central Forced Air Elec,Wall/Window
Heating : Central Forced Air Elec,Wall
Flooring Coverings : Tile,Vinyl
Zoning : R14
Showing : Call First
PROPERTY DETAILS
Street Address: 8858 Olive Lane
City: Santee
State: California
Postal Code: 92071
County: San Diego
MLS Number: 240006417
Courtesy of The Browar Group
City: Santee
State: California
Postal Code: 92071
County: San Diego
MLS Number: 240006417
Courtesy of The Browar Group
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