NOT LISTED FOR SALE

1187 Eucalyptus Dr El Cajon, CA 92020

El Cajon Area
2 Beds
2 Baths
1,060 Sq Ft
7,405 Sq Ft Lot

Sale Details

Date 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

7,405 Sq Ft Lot

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

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

Listed on
Aug 2, 2014
Closed on
Oct 7, 2014
Sold by
Bought by
Seller's Agent
Ian Bradley
ECP Commercial
Buyer's Agent
Fawn Mason
Berkshire Hathaway HomeServices California Properties
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,660
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 3, 2010
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
$255,290
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 19, 2009
Sold by
Bought by

Purchase Details

Closed on
Apr 2, 2009
Sold by
Bought by

Purchase Details

Closed on
Dec 5, 2005
Sold by
Bought by

Purchase Details

Closed on
Jul 29, 2005
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
$380,000
Interest Rate
5.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 14, 2005
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
$380,000
Interest Rate
5.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 12, 2004
Sold by
Bought by

Purchase Details

Closed on
Feb 12, 1996
Sold by
Bought by

Purchase Details

Closed on
Oct 19, 1993
Sold by
Bought by
Source: Public Records
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

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
$350,000 Chicago Title Company
$260,000 Chicago Title Company
-- Chicago Title Company
-- None Available
-- --
-- Southland Title
$475,000 Southland Title
-- --
-- --
$140,000 Southland Title Corporation
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
Open $340,545
Closed $343,632
Closed $343,660
Previous Owner $251,545
Previous Owner $255,290
Previous Owner $110,000
Previous Owner $440,000
Previous Owner $380,000
Previous Owner $221,000
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
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

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 $6,566 $429,048 $214,524 $214,524
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

Agents Affiliated with this Home

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 140042506

California Regional Multiple Listing Service (CRMLS)

APN: 492-223-04-00

Your Personal Tour Guide

Ask me questions while you tour the home.