NOT LISTED FOR SALE
5 Beds
3 Baths
2,150 Sq Ft
0.39 Acre Lot

Sale Details

Date Sold: August 19, 2024

Last sale price $840,000 $391 Per Sq Ft

42 Days on Market

Highlights

  • Mountain View
  • Partially Fenced Property
  • 1-Story Property
  • Private Streets
  • Level Lot

About This Home

As of August 2024

Renovated single-level duplex in El Cajon with $5,350 in monthly rental income. Room for 10+ cars on-site. Lots of potential in this property. All structures are located on one half of the property's .39 acre lot, leaving lots of room for an ADU or a possible lot split. Zoning is 15 units per acre, so it could also be a candidate for re-development. Buyer to conduct their own investigation. For planning and development, the property is part of Unincorporated San Diego County and not the City of El Cajon. Photos were taken prior to the most recent move-ins. Please do not disturb tenants. Seller is a California Real Estate licensee and the listing agent on this transaction.

Last Agent to Sell the Property

Dan Melroy

North County Property Deals License #01319904 Listed on: 05/30/2024

Last Buyer's Agent

Guillermo Carrillo

eXp Realty of California, Inc. License #02032647

eXp Realty of California, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 16,773 Sq Ft Lot
  • Private Streets
  • Partially Fenced Property
  • Level Lot

Home Design

  • Rolled or Hot Mop Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Mountain Views

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 484-091-13-00

Community Details

Overview

  • Association fees include sewer, trash pickup, water
  • 2 Buildings
  • 2 Units

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $46,790

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0.39 Acres

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Greenfield Drive
  • Neighborhood: Rancho El Cajon
  • LP / Sq Ft: 14.71
  • Stories: 1 Story
  • Sale Price List Price: 0.94
  • Total Stories: 1
  • Year Built: 1959
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 5
  • Prkng Non Garage Spac U2: 5
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Rolled/Hot Mop
  • View: Mountains/Hills

Utilities

  • Cooling: Wall/Window
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: EL CAJON
  • Home Owner Association Fee Includes: Sewer, Trash Pickup, Water

Lot Info

  • Lot Size: .25 to .5 AC
  • Site: Private Street
  • Topography: Level
  • Water District: HELIX WATER DISTRICT
  • Zoning: VR-15
  • Assessor Parcel Number: 484-091-13-00
  • Estimated Lot Dimensions: 114' X 147'
  • Estimated Lot Sq Ft: 16773
  • Estimated Number of Acres: 0.39

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 46790
  • Gross Rent Multiplier Actual: 13.9
  • Gross Rent Multiplier Projected: 11.2
  • Number Of Buildings: 2
  • Number Of Units With Dryers: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 1

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
May 30, 2024
Closed on
Aug 2, 2024
Sold by
Bought by
Seller's Agent
Dan Melroy
North County Property Deals
Buyer's Agent
Guillermo Carrillo
eXp Realty of California, Inc.
List Price
$890,000
Sold Price
$840,000
Premium/Discount to List
-$50,000
-5.62%
Views
46

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$672,000
Interest Rate
0.0695%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 30, 2024
Closed on
Jul 18, 2024
Sold by
Bought by
Seller's Agent
Dan Melroy
North County Property Deals
Buyer's Agent
Guillermo Carrillo
eXp Realty of California, Inc.
List Price
$890,000
Sold Price
$840,000
Premium/Discount to List
-$50,000
-5.62%
Views
46

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$672,000
Interest Rate
0.0695%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2020
Sold by
Bought by

Purchase Details

Closed on
Mar 12, 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
$438,750
Interest Rate
0.0487%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 6, 2016
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
$241,500
Interest Rate
0.0344%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 9, 2011
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
$180,000
Interest Rate
0.0484%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 4, 2002
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
$120,000
Interest Rate
0.0694%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 8, 2000
Sold by
Bought by

Purchase Details

Closed on
Mar 25, 1998
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
$25,000
Interest Rate
0.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 15, 1986
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
$840,000 Lawyers Title
-- Chicago Title Company
$585,000 Lawyers Title
$345,000 Stewart Title Of Ca Inc
$225,000 Stewart Title Of California
-- American Title Ins Co
-- --
-- First American Title Ins Co
$83,000 --
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 $672,000
Previous Owner $438,750
Previous Owner $285,000
Previous Owner $241,500
Previous Owner $180,000
Previous Owner $160,000
Previous Owner $41,000
Previous Owner $120,000
Previous Owner $25,000
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
08/19/2024 08/19/24 Sold $840,000 -5.6% $391 / Sq Ft
07/12/2024 07/12/24 Pending -- -- --
05/30/2024 05/30/24 For Sale $890,000 -- $414 / 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
2025 $9,524 $840,000 $575,000 $265,000
2024 $9,524 $635,276 $348,464 $286,812
2023 $9,247 $622,821 $341,632 $281,189
2022 $9,045 $610,610 $334,934 $275,676
2021 $8,901 $598,638 $328,367 $270,271
2020 $8,947 $608,634 $358,938 $249,696
2019 $8,831 $596,700 $351,900 $244,800
2018 $5,789 $351,899 $169,588 $182,311
2017 $5,658 $345,000 $166,263 $178,737
2016 $4,208 $243,504 $117,350 $126,154
2015 $4,191 $239,848 $115,588 $124,260
2014 $4,111 $235,150 $113,324 $121,826
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 240012167

San Diego MLS
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