Entity Owned Property summary
This exceptional 36-unit apartment building, Colonial Gardens, presents a compelling value-add investment opportunity in El Cajon, California. Located at 1096 N Mollison Ave, 92021, this property boasts 24,778 square feet across five, two-story buildings on a 1.2-acre lot. Built in 1977 and renovated in 2013, the property features a desirable R-4 zoning designation. Currently operating at 100% occupancy (as of December 4, 2024), the property generates a strong NOI of $550,028, with a… pro-forma NOI projected at $572,165, resulting in a 6.25% current cap rate and a pro-forma cap rate of 6.50%. The asking price is $8,800,000, translating to $244,444 per unit and $355.15 per square foot. Amenities include a gated security courtyard, a BBQ area, on-site laundry facilities, and 48 off-street covered parking spaces. The property benefits from a utility reimbursement system (RUBs) for electricity, gas, water, sewer, and trash. Many units offer a townhome-style layout. This fee-simple ownership opportunity is suitable for a 1031 exchange.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records and 7 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 14 properties nearbyComparable nearby
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Value Estimation
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- Cap Rate Calculation
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- Full Property Data
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- Location Insight
- Alternative use
- Local Zoning Insight
