NOT LISTED FOR SALE
12 Beds
-- Bath
3,792 Sq Ft
0.46 Acres

Last Sold September 01, 2020

Last sale price $1,205,000 $318 Per Sq Ft

7 Days on Market

Highlights

  • 0.46 Acre Lot
  • Partially Fenced Property
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

About This Home

As of September 2020

Great mix off the beaten path (4) 3Br/1Ba 1 story units with eight high ceiling detached garages. All units have smaller yards. 3 of the 4 units had some work done recently. Tenants each have a garage and some on-site parking. (.46acre site) other (4) garages are rented. Layout is a duplex & (2) detached units all equipped with washer/dryer hookups, wall AC & heat. Great Investment opportunity! Neighborhoods: Rancho Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 1256 Unit # for Unit 2: 1258 Unit # for Unit 3: 1260 Unit # for Unit 4: 1262 Number of Furnished Units: 0 Topography: LL

Last Agent to Sell the Property

Rip Fritzer

Coldwell Banker West License #00719216 Listed on: 07/13/2020

Coldwell Banker West

Last Buyer's Agent

Faris Stephan

IQ Realty & Lending License #01341039

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 0.46 Acre Lot
  • Partially Fenced Property

Home Design

  • Composition Roof

Interior Spaces

  • 12 Bedrooms
  • 1-Story Property

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 4840917700

Community Details

Overview

  • 3 Buildings
  • 4 Units
  • El Cajon Subdivision
  • Lyons

Building Details

  • Net Operating Income $52,948

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • CapRate: 4.30
  • Park Name: Lyons
  • Subdivision Name Other: El Cajon
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 4840917700
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Levels: One

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Heating: Yes
  • Heating Type: Natural Gas
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 18885.00
  • Lot Size Acres: 0.4600

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Gross Scheduled Income: 81492.00
  • Lot Size Area: 18885.0000 Square Feet
  • Net Operating Income: 52948.00
  • Number Of Units Total: 4
  • Number With Patio: 4
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2020 09/01/20 Sold $1,205,000 -1.2% $318 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $1,220,000 -- $322 / 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 $17,751 $1,109,492 $541,216 $568,276
2024 $17,751 $1,087,738 $530,604 $557,134
2023 $17,203 $1,066,410 $520,200 $546,210
2022 $16,785 $1,045,500 $510,000 $535,500
2021 $16,525 $1,025,000 $500,000 $525,000
2020 $9,134 $430,024 $215,012 $215,012
2019 $9,001 $421,594 $210,797 $210,797
2018 $8,671 $413,328 $206,664 $206,664
2017 $591 $405,224 $202,612 $202,612
2016 $8,020 $397,280 $198,640 $198,640
2015 $7,993 $391,314 $195,657 $195,657
2014 $7,854 $383,650 $191,825 $191,825
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 200032570

California Regional Multiple Listing Service (CRMLS)

APN: 484-091-77-00