NOT LISTED FOR SALE
7 Beds
5 Baths
3,266 Sq Ft
0.5 Acres

Last Sold June 13, 2024

Last sale price $1,300,000 $398 Per Sq Ft

37 Days on Market

Highlights

  • Fireplace
  • Heating System Uses Wood
  • 1-Story Property
  • Cross Fenced

About This Home

As of June 2024

Introducing an outstanding investment opportunity in El Cajon! This triplex presents a compelling proposition with a recently remodeled single-family residence alongside a recently remodeled detached duplex. Each unit showcases contemporary upgrades and appealing features, ensuring high tenant demand and strong rental income potential. Don't overlook this chance to secure a lucrative investment in the thriving El Cajon real estate market.

Last Agent to Sell the Property

Dominic Lafata

eXp Realty of California, Inc. License #02113219 Listed on: 03/26/2024

eXp Realty of California, Inc.

Last Buyer's Agent

Robert Colello

eXp Realty of California, Inc. License #01806763

eXp Realty of California, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • Cross Fenced

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Fireplace

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Wood

Listing and Financial Details

  • Assessor Parcel Number 484-101-37-00

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • N/K Community

Building Details

  • Net Operating Income $71,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Greenfield
  • Neighborhood: El Cajon
  • Stories: 1 Story
  • Sale Price List Price: 0.96
  • Total Stories: 1
  • Year Built: 1970
  • 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: Stucco
  • Fencing: Cross Fencing
  • Roof: Composition

Utilities

  • Cooling: Central Forced Air, Wall/Window
  • Heat Equipment: Fireplace, Forced Air Unit

Condo/Co-op/Association

  • Complex Name: n/k
  • Community: EL CAJON

Lot Info

  • Lot Size: .25 to .5 AC
  • Assessor Parcel Number: 484-101-37-00

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 71400
  • Annual Expense Actual: 22000
  • Gross Rent Multiplier Actual: 7.2
  • Gross Sched Income Actual: 93600
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 3
  • Number Of Units With Dishwashers: 3
  • Number Of Units With Dryers: 3
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 3

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
06/13/2024 06/13/24 Sold $1,300,000 -3.7% $398 / Sq Ft
05/09/2024 05/09/24 Price Changed $1,350,000 -1.8% $413 / Sq Ft
05/03/2024 05/03/24 Pending -- -- --
04/29/2024 04/29/24 Price Changed $1,375,000 -3.5% $421 / Sq Ft
03/26/2024 03/26/24 For Sale $1,425,000 +67.6% $436 / Sq Ft
04/26/2022 04/26/22 Sold $850,000 0.0% $260 / Sq Ft
04/14/2022 04/14/22 Pending -- -- --
04/14/2022 04/14/22 For Sale $850,000 -- $260 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 240006410

San Diego MLS