NOT LISTED FOR SALE

1187 Eucalyptus Dr El Cajon, CA 92020

2 Beds
2 Baths
1,060 Sq Ft
7,405 Sq Ft Lot

Last Sold November 14, 2014

Last sale price $350,000 $330 Per Sq Ft

61 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • 1-Story Property
  • Grossmont High School Rated A-
  • Cross Fenced

About This Home

As of November 2014

Perfect for Investor or First-Time buyer. 2 beautifully maintained rental units including a third, 300 sf accessory building for storage/supplemental income. Live in one while having tenants pay the mortgage, or rent all three buildings for significant returns. Both studio and 2b/1ba house have new roofs. Ample parking in driveway including carport, shared laundry on site. Each unit has a private fenced yard, with large community yard for all to enjoy. All appliances included in this Turn-Key property Property is superbly located on a quiet street with close freeway access. 3 buildings total on property, 2 are permitted as residential dwelling units, third is permitted as accessory structure and can be used for storage and additional income. Neighborhoods: El Cajon Exterior: Wood/Stucco Other Fees: 0 Unit # for Unit 1: 1187 Unit # for Unit 2: 1189 Number of Furnished Units: 0 Topography: LL

Last Agent to Sell the Property

Ian Bradley

ECP Commercial License #01913759 Listed on: 08/02/2014

Last Buyer's Agent

Fawn Mason

Berkshire Hathaway HomeServices California Properties License #01938223

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 7,405 Sq Ft Lot
  • Cross Fenced
  • Sprinkler System

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 4922230400

Community Details

Overview

  • 3 Buildings
  • 2 Units

Building Details

  • Net Operating Income $10,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • CapRate: 3.15
  • Subdivision Name Other: El Cajon
  • Property Type: Residential Income
  • Parcel Number: 4922230400
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Appliances: Yes
  • Levels: One

Exterior Features

  • Fence: Yes
  • Fencing: Cross Fenced
  • Pool Private: No
  • Roof: Composition

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Appliances: Electric Water Heater, Gas Water Heater
  • Heating Type: Electric, Natural Gas, Forced Air
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Lot Info

  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Gross Scheduled Income: 16800.00
  • Lot Size Area: 7405.0000 Square Feet
  • Net Operating Income: 10800.00
  • Number Of Units Total: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
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Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2014 11/14/14 Sold $350,000 0.0% $330 / Sq Ft
10/02/2014 10/02/14 Pending -- -- --
08/02/2014 08/02/14 For Sale $350,000 -- $330 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

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
2025 $6,708 $420,636 $210,318 $210,318
2024 $6,708 $412,390 $206,195 $206,195
2023 $6,080 $404,304 $202,152 $202,152
2022 $6,469 $396,378 $198,189 $198,189
2021 $5,974 $388,606 $194,303 $194,303
2020 $5,638 $384,622 $192,311 $192,311
2019 $5,316 $377,082 $188,541 $188,541
2018 $4,558 $369,690 $184,845 $184,845
2017 $5,042 $362,442 $181,221 $181,221
2016 $4,966 $355,336 $177,668 $177,668
2015 $4,299 $350,000 $175,000 $175,000
2014 $3,289 $273,772 $136,886 $136,886
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 140042506

California Regional Multiple Listing Service (CRMLS)

APN: 492-223-04-00