NOT LISTED FOR SALE

121 E Renette Ave El Cajon, CA 92020

3 Beds
3 Baths
8,508 Sq Ft
-- Built

Last Sold September 19, 2023

Last sale price $2,730,000 $321 Per Sq Ft

54 Days on Market

About This Home

As of September 2023

We are pleased to present 121 E Renette Avenue, a 10-unit multi-family community near the heart of Downtown El Cajon, a transit-oriented Tier-2 employment center just 16-miles east of Downtown San Diego. Constructed in 1968, the asset features large and functional floorplans, with a mix of 3 one-bed/ one-bathroom units measuring 636 square feet, and 7 twobedroom/ two-bathroom units averaging 943 square feet. Most interiors feature updated appliances, flooring, countertops, cabinetry, and select units have private patios and balconies. Existing amenities include spacious common areas, large storage lockers for each unit, an on-site laundry facility, and ample off-street parking. Significant rental lift can be captured by performing in unit and community enhancements. Please call listing agents Chris Zorbas or Graeme Henderson for more information (858)-373-3156

Last Agent to Sell the Property

Kire Nastevski

Marcus & Millichap License #01312183 Listed on: 06/27/2023

Last Buyer's Agent

Kire Nastevski

Marcus & Millichap License #01312183 Listed on: 06/27/2023

Property Details

Home Type

  • Multi-Family

Home Design

Interior Spaces

  • 3 Bedrooms
  • 8,508 Sq Ft Home
  • 2-Story Property

Additional Homes

  • Number of ADU Units: 3

Community Details

  • 10 Units
  • Operating Expense $78,758

Property Details

Home Type

Multi-Family

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Property Sub Type: Com-Res Income
  • CapRate: 4.0
  • Co List Office Mls Id: 62951
  • Living Area: 8508.0
  • FeedTypes: IDX
  • RFModificationTimestamp: 2025-07-18T08:51:59Z
  • FullAddress: 121 E Renette Ave
  • Special Features: None

Interior Features

  • Total Bedrooms: 3

Multi Family

  • Number Of Buildings: 1
  • Number Of Units Total: 10
  • Annual Operating Expense: 78758.0
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Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2023 09/19/23 Sold $2,730,000 -0.4% $321 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
06/27/2023 06/27/23 For Sale $2,740,000 -- $322 / Sq Ft
Source: San Diego MLS

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 $37,619 $2,784,600 $1,632,000 $1,152,600
2024 $37,619 $2,730,000 $1,600,000 $1,130,000
2023 $15,671 $796,566 $246,206 $550,360
2022 $14,377 $780,948 $241,379 $539,569
2021 $14,242 $765,637 $236,647 $528,990
2020 $13,836 $757,787 $234,221 $523,566
2019 $9,181 $742,929 $229,629 $513,300
2018 $9,033 $728,363 $225,127 $503,236
2017 $30 $714,082 $220,713 $493,369
2016 $8,561 $700,082 $216,386 $483,696
2015 $8,518 $689,567 $213,136 $476,431
2014 $8,356 $676,060 $208,961 $467,099
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230012287

San Diego MLS

APN: 492-341-02-00

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