NOT LISTED FOR SALE
8 Beds
8 Baths
4,196 Sq Ft
7,349 Sq Ft Lot

Sale Details

Date Sold: February 16, 2021

Last sale price $1,190,000 $284 Per Sq Ft

7 Days on Market

Highlights

  • In Ground Pool
  • Central Air
  • Heating Available
  • Valhalla High Rated A-
  • Partially Fenced Property

About This Home

As of February 2021

Proud to present 1016 Leslie Road, a four unit property in the San Diego submarket of El Cajon. Fully renovated in 2018, the property features four two bedroom, two bath units all with washer/dryers & dishwashers. Fully leased with market rents averaging $1800 and 100% collections during COVID-19, this is a great opportunity for someone to own a turn key investment in San Diego county with a 4.4% cap rate & 14 GRM on actuals.

Last Agent to Sell the Property

Tiffany Hoffman

eXp Realty of California, Inc. License #01976932 Listed on: 12/07/2020

eXp Realty of California, Inc.

Last Buyer's Agent

Athir Markos

Coldwell Banker West License #02024154

Coldwell Banker West
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 7,349 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Stucco Exterior

Utilities

  • Central Air
  • Heating Available
  • Gas Water Heater

Additional Features

  • 2-Story Property
  • In Ground Pool

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 492-341-15-00

Community Details

Overview

  • 4 Units
  • 1016 Leslie Rd Community

Recreation

  • Community Pool

Building Details

  • Net Operating Income $53,233

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

7,349 Sq Ft Lot

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Chase
  • Neighborhood: El Cajon
  • LP / Sq Ft: 22.52
  • Stories: 2 Story
  • Sale Price List Price: 0.95
  • Total Stories: 2
  • Year Built: 1964
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Pool: Below Ground
  • Roof: Composition

Utilities

  • Cooling: Central Forced Air
  • Water Heater Type: Gas

Condo/Co-op/Association

  • Complex Name: 1016 Leslie Rd
  • Community: EL CAJON
  • Complex Features: Pool
  • Manager Name: Constellation Management
  • Manager Phone: (619) 955-77

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Street Paved
  • Water District: SWEETWATER AUTHORITY
  • Assessor Parcel Number: 492-341-15-00
  • Estimated Lot Sq Ft: 7349
  • Water District URL: http://www.sweetwater.org

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 53233
  • Gross Rent Multiplier Actual: 14.47
  • Gross Rent Multiplier Projected: 14.08
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 4
  • Number Of Units With Dishwashers: 4
  • Number Of Units With Dryers: 4
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Number Of Units With Washers: 4

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
Sep 9, 2021
Sold by
Bought by

Purchase Details

Listed on
Dec 7, 2020
Closed on
Feb 11, 2021
Sold by
Bought by
Seller's Agent
Tiffany Hoffman
eXp Realty of California, Inc.
Buyer's Agent
Athir Markos
Coldwell Banker West
List Price
$1,250,000
Sold Price
$1,190,000
Premium/Discount to List
-$60,000
-4.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$892,500
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 7, 2020
Closed on
Feb 4, 2021
Sold by
Bought by
Seller's Agent
Tiffany Hoffman
eXp Realty of California, Inc.
Buyer's Agent
Athir Markos
Coldwell Banker West
List Price
$1,250,000
Sold Price
$1,190,000
Premium/Discount to List
-$60,000
-4.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$892,500
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2020
Sold by
Bought by

Purchase Details

Closed on
May 4, 2018
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
$700,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 25, 2013
Sold by
Bought by
Source: Public Records

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
-- Lawyers Title
-- Chicago Title Company
$1,190,000 Chicago Title Company
-- Accommodation
$1,440,000 Chicago Title Company
-- None Available
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 $892,500
Previous Owner $11,000
Previous Owner $724,750
Previous Owner $700,000
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
02/16/2021 02/16/21 Sold $1,190,000 -4.8% $284 / Sq Ft
12/15/2020 12/15/20 Pending -- -- --
12/07/2020 12/07/20 For Sale $1,250,000 -- $298 / 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 $18,142 $1,341,456 $552,040 $789,416
2025 $18,416 $1,315,154 $541,216 $773,938
2024 $18,416 $1,289,367 $530,604 $758,763
2023 $23,310 $1,264,086 $520,200 $743,886
2022 $19,579 $1,200,000 $500,000 $700,000
2021 $16,247 $1,200,000 $500,000 $700,000
2020 $11,293 $749,088 $301,716 $447,372
2019 $9,002 $734,400 $295,800 $438,600
2018 $2,452 $194,572 $64,462 $130,110
2017 $30 $190,758 $63,199 $127,559
2016 $2,323 $187,018 $61,960 $125,058
2015 $2,311 $184,210 $61,030 $123,180
2014 $2,269 $180,603 $59,835 $120,768
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 200053432

San Diego MLS

APN: 492-341-15-00

Your Personal Tour Guide

Ask me questions while you tour the home.