Seller's Agent in 2022
Farid Khayamian
Bluxen, Inc.
(858) 535-0000
108 Total Sales
1011 Leslie Rd El Cajon, CA 92020
El Cajon Area
5
Beds
3
Baths
12,244
Sq Ft
0.42
Acre Lot
Highlights
- Wood Flooring
- Valhalla High Rated A-
- Community Barbecue Grill
About This Home
As of April 2022This is a true value-add investment opportunity in the highly coveted center of El Cajon city. Offered to the market for the first time in 11 years, this prominently located, mid-century building features a secured courtyard, as well as asigend parking. The excellent unit mix consists of FOUR 2bedrooms 1.5 bathrooms FOUR 2bedrooms 1bathroom and TEN 1bedroom 1bathroom with extra income from the laundry. Roof was replaced 10 years ago and the parking surface was replaced a year ago. As an investment, the Property offers investors an incredible value-add opportunity. With rents approximately 26% below projected market rents, an investor can implement a strategic interior and exterior renovation program to capture the strong market rents being achieved for luxury rentals in the immediate neighborhood.
Last Agent to Sell the Property
Bluxen, Inc. License #01835318 Listed on: 11/08/2021
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Property Details
Home Type
- Multi-Family
Lot Details
- 18,197 Sq Ft Lot
- No Landscaping
Parking
- Parking Available
Home Design
- Composition Roof
Interior Spaces
- 5 Bedrooms
- 2-Story Property
- Wood Flooring
Additional Homes
- Number of ADU Units: 10
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Mounted To A Wall or Window
Community Details
- 18 Units
- Community Barbecue Grill
Listing and Financial Details
- Total Actual Rent $22,370
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 11, 2022
Sold by
Bought by
Purchase Details
Listed on
Nov 8, 2021
Closed on
Mar 11, 2022
Sold by
Bought by
Seller's Agent
Farid Khayamian
Bluxen, Inc.
Buyer's Agent
Farid Khayamian
Bluxen, Inc.
List Price
$4,950,000
Sold Price
$4,400,000
Premium/Discount to List
-$550,000
-11.11%
Purchase Details
Closed on
Mar 15, 2010
Sold by
Bought by
Purchase Details
Closed on
Jan 19, 2007
Sold by
Bought by
Purchase Details
Closed on
Oct 3, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.28%
Mortgage Type
Commercial
Purchase Details
Closed on
May 5, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
6.29%
Mortgage Type
Commercial
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Accommodation/Courtesy Recordi | ||
| $4,400,000 | Lawyers Title | ||
| $1,500,000 | Fidelity National Title Co | ||
| -- | Landamerica | ||
| $1,445,000 | Landamerica | ||
| -- | Landamerica |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $1,030,000 | ||
| Previous Owner | $1,000,000 | ||
| Previous Owner | $840,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/20/2022 04/20/22 | Sold | $4,400,000 | -7.4% | $359 / Sq Ft |
| 01/20/2022 01/20/22 | Pending | -- | -- | -- |
| 12/04/2021 12/04/21 | Price Changed | $4,750,000 | -4.0% | $388 / Sq Ft |
| 11/20/2021 11/20/21 | For Sale | $4,950,000 | 0.0% | $404 / Sq Ft |
| 11/15/2021 11/15/21 | Pending | -- | -- | -- |
| 11/09/2021 11/09/21 | For Sale | $4,950,000 | -- | $404 / Sq Ft |
Source: San Diego MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $66,146 | $4,762,700 | $2,381,350 | $2,381,350 |
| 2025 | $66,146 | $4,669,314 | $2,334,657 | $2,334,657 |
| 2024 | $71,211 | $4,577,760 | $2,288,880 | $2,288,880 |
| 2023 | $73,860 | $4,488,000 | $2,244,000 | $2,244,000 |
| 2022 | $46,742 | $1,824,550 | $912,275 | $912,275 |
| 2021 | $37,161 | $1,788,776 | $894,388 | $894,388 |
| 2020 | $30,420 | $1,770,436 | $885,218 | $885,218 |
| 2019 | $21,347 | $1,735,722 | $867,861 | $867,861 |
| 2018 | $21,002 | $1,701,690 | $850,845 | $850,845 |
| 2017 | $30 | $1,668,324 | $834,162 | $834,162 |
| 2016 | $19,904 | $1,635,612 | $817,806 | $817,806 |
| 2015 | $19,804 | $1,611,044 | $805,522 | $805,522 |
| 2014 | $19,424 | $1,579,486 | $789,743 | $789,743 |
Source: Public Records
Agents Affiliated with this Home
-
Farid Khayamian
Map
Source: San Diego MLS
MLS Number: 210030879
APN: 492-342-35-00
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