NOT LISTED FOR SALE

1252-56 Marline Ave El Cajon, CA 92021

9 Beds
6 Baths
3,730 Sq Ft
0.47 Acres

Last Sold August 10, 2018

Last sale price $1,020,000 $273 Per Sq Ft

40 Days on Market

About This Home

As of August 2018

There are numerous features that allow this property to command top end rents.  In 2010 the owners  renovated all three homes, poured new concrete driveway, and added low maintenance landscaping with sprinklers.  They all have private fenced yards with covered patios, a/c units, gas stoves, and laundry hook-ups as well.  All appliances are gas (stoves, water heater, heat, & dryer). See Supplemental Remarks for more details. Additional privacy is provided by a 6' perimeter fence along with a gated drive way and a keyed pedestrian gate.  1252 & 1254 Marline are mirror images and both include 25x25 attached garages. 1256 Marline parking is a 20x20 covered carport.  The front home has dual pane windows as well.  There is also a large 80x50 off street parking area with privacy screen. One of the more desirable improvements is ownership installed sub-meters for the water.  Seller pays only $100 a month for water.  Tenants pay for gas/electric, trash, and majority of water and sewer.  Low expenses, strong income, recently renovated, and even a possible lot split.  This unique asset truly has it all.

Last Agent to Sell the Property

Cody Evans

South Coast Commercial, Inc. License #01399935 Listed on: 06/01/2018

South Coast Commercial, Inc.

Last Buyer's Agent

Rafi Gorges

Realty Executives Dillon License #01703837

Realty Executives Dillon

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 0.47 Acre Lot
  • Gated Home
  • Property is Fully Fenced

Home Design

  • Composition Roof
  • Stone Exterior Construction

Additional Features

  • 2-Story Property
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for sewer, trash, water, cable TV, electricity, gas/propane, hot water
  • Assessor Parcel Number 484-252-34-00

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • Net Operating Income $57,695

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: 2nd
  • Neighborhood: El Cajon
  • Supplement: Additional privacy is provided by a 6' perimeter fence along with a gated drive way and a keyed pedestrian gate.  1252 & 1254 Marline are mirror images and both include 25x25 attached garages. 1256 Marline parking is a 20x20 covered carport.  The front home has dual pane windows as well.  There is also a large 80x50 off street parking area with privacy screen. One of the more desirable improvements is ownership installed sub-meters for the water.  Seller pays only $100 a month for water.  Tenants pay for gas/electric, trash, and majority of water and sewer.  Low expenses, strong income, recently renovated, and even a possible lot split.  This unique asset truly has it all.
  • LP / Sq Ft: 18.54
  • Stories: 2 Story
  • Sale Price List Price: 0.85
  • Total Stories: 2
  • Year Built: 1975
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stone
  • Fencing: Full, Gate
  • Roof: Composition

Utilities

  • Cooling: Wall/Window

Condo/Co-op/Association

  • Community: EL CAJON

Lot Info

  • Lot Size: .25 to .5 AC
  • Assessor Parcel Number: 484-252-34-00
  • Estimated Lot Sq Ft: 20447

Rental Info

  • Tenant Pays: Sewer, Trash, Water, Cable TV, Electricity, Gas/Propane, Hot Water

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 57695
  • Annual Expense Actual: 19129
  • Annual Expense Projected: 19129
  • Gross Rent Multiplier Actual: 15.1
  • Gross Rent Multiplier Projected: 13.9
  • Gross Sched Income Actual: 79200
  • Gross Sched Income Projected: 86400
  • Number Of Buildings: 3
  • Number Of Units With Cooling: 3
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 2

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
08/10/2018 08/10/18 Sold $1,020,000 -14.9% $273 / Sq Ft
07/12/2018 07/12/18 Pending -- -- --
06/01/2018 06/01/18 For Sale $1,199,000 -- $321 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Cody Evans

    Seller's Agent in 2018

    Cody Evans

    South Coast Commercial, Inc.

    (858) 729-3094

    30 Total Sales

    Cody Evans
    Section Image

  • R

    Buyer's Agent in 2018

    Rafi Gorges

    Realty Executives

    Section Image
  • Mike Aon

    Buyer Co-Listing Agent in 2018

    Mike Aon

    Realty Executives

    (619) 504-5042

    220 Total Sales

    Mike Aon
    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 180029166

San Diego MLS
California San Diego County El Cajon 92021

1252-56 Marline Ave, El Cajon, CA

This home is located at 1252-56 Marline Ave, El Cajon, CA 92021 since 01 June 2018. This property was built in 1975. 1252-56 Marline Ave is a home located in San Diego County with nearby schools including Naranca Elementary School, Cajon Valley Middle School, and El Cajon Valley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

San Diego MLS This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly
prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS.

Nearby Homes