NOT LISTED FOR SALE

1031 Dennstedt Ct El Cajon, CA 92020

Fletcher Hills Neighborhood
9 Beds
6 Baths
4,240 Sq Ft
1963 Built

Last Sold August 06, 2018

Last sale price $1,150,000 $271 Per Sq Ft

7 Days on Market

About This Home

As of August 2018

Great Investment Opportunity to own a 4-plex in a quiet cul-de-sac walking distance to Grossmont High School in desirable area of Fletcher Hills. 3 of 4 units have been upgraded, building has new vinyl windows in all units and new paint. Fully rented, low turn over with several long term tenants. Potential for increased rents. Each unit has separate gas/electric meters and laundry facilities.

Last Agent to Sell the Property

Jose Dominguez

California Realty & Funding Inc License #01887232 Listed on: 07/06/2018

Last Buyer's Agent

Merwan Chehab

Benchmark Realty License #01460040

Benchmark Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Home Design

  • Composition Roof

Additional Features

  • 2-Story Property
  • Partially Fenced Property
  • Cooling System Mounted To A Wall/Window

Community Details

  • 4 Units
  • Net Operating Income $64,056

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 487-760-07-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Dennstedt Place
  • Neighborhood: Fletcher Hills
  • Stories: 2 Story
  • Sale Price List Price: 0.92
  • Total Stories: 2
  • Year Built: 1963
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Cooling: Wall/Window

Condo/Co-op/Association

  • Community: EL CAJON

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 487-760-07-00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 64056
  • Annual Expense Actual: 15624
  • Gross Rent Multiplier Actual: 15.0
  • Gross Sched Income Actual: 79680
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 4
  • Number Of Units With Dishwashers: 3
  • Number Of Units With Dryers: 4
  • Number Of Units With Fireplaces: 4
  • Number Of Units With Garage: 4
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Number Of Units With Washers: 4

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2018 08/06/18 Sold $1,150,000 -8.0% $271 / Sq Ft
07/14/2018 07/14/18 Pending -- -- --
07/06/2018 07/06/18 For Sale $1,250,000 -- $295 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jose Dominguez

    California Realty & Funding Inc

    Section Image

  • M

    Buyer's Agent in 2018

    Merwan Chehab

    Benchmark Realty

    (858) 204-5850

    1 in this area

    21 Total Sales

    Section Image
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Map

Source: San Diego MLS

MLS Number: 180036822

San Diego MLS

California San Diego County El Cajon 91942 Fletcher Hills

1031 Dennstedt Ct, El Cajon, CA

This home is located at 1031 Dennstedt Ct, El Cajon, CA 92020 since 06 July 2018. This property was built in 1963. 1031 Dennstedt Ct is a home located in San Diego County with nearby schools including Northmont Elementary School, Parkway Academy, and Grossmont High School.

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