NOT LISTED FOR SALE
8 Beds
4 Baths
2,880 Sq Ft
10,493 Sq Ft Lot

Last Sold October 27, 2023

Last sale price $1,160,000 $403 Per Sq Ft

20 Days on Market

Highlights

  • Satellite Dish
  • Level Lot
  • 1-Story Property
  • Partially Fenced Property

About This Home

As of October 2023

***ATTENTION ALL AGENTS, INVESTORS AND BUYERS***AGGRESSIVELY PRICED AND OFFERING TREMENDOUS VALUE***All 4 units are 2 bedrooms 1 bath. All have private yards. And the 2 back units have extra large yards. Each unit has 2 assigned off street parking spaces, stackable laundry hook-ups, individual water heaters and wall A/C. All 4 units have been renovated at various times over the years. If you are looking for an asset that does not require a lot of renovations with rental upside, then look no further. 1271-1279 Lyons is the perfect match!!!

Last Agent to Sell the Property

John Stolis

United Real Estate San Diego License #00688198 Listed on: 09/06/2023

United Real Estate San Diego

Last Buyer's Agent

Ali Alhadawy

Premier Agency Real Estate Inc. License #01506264

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 10,493 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gravity Heating System
  • Separate Water Meter
  • Satellite Dish
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane, hot water
  • Assessor Parcel Number 484-091-69-00

Community Details

Overview

  • 2 Buildings
  • 4 Units

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $44,720

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Greenfield
  • Neighborhood: El Cajon
  • Stories: 1 Story
  • Sale Price List Price: 0.97
  • Total Stories: 1
  • Year Built: 1971
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U2: 2
  • Prkng Non Garage Spac U3: 2
  • Prkng Non Garage Spac U4: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Cooling: Wall/Window
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Telecommunications: Antenna, Cable (coaxial), Satellite Dish
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: EL CAJON

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Site: Easement Access, Public Street, Street Paved
  • Topography: Level
  • Zoning: COMMERCIAL
  • Assessor Parcel Number: 484-091-69-00
  • Estimated Lot Sq Ft: 10493
  • Estimated Number of Acres: 0.24
  • Map Code Column: H
  • Map Code Page: 1251
  • Map Code Row: 3

Rental Info

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

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 44720
  • Gross Rent Multiplier Actual: 15.24
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 4
  • Number Of Units With Patios: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 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
10/27/2023 10/27/23 Sold $1,160,000 -3.3% $403 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
09/22/2023 09/22/23 For Sale $1,199,000 0.0% $416 / Sq Ft
09/07/2023 09/07/23 Pending -- -- --
09/06/2023 09/06/23 For Sale $1,199,000 -- $416 / 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 $18,388 $1,183,200 $612,000 $571,200
2024 $18,388 $1,160,000 $600,000 $560,000
2023 $14,018 $818,094 $409,616 $408,478
2022 $13,657 $802,054 $401,585 $400,469
2021 $13,438 $786,328 $393,711 $392,617
2020 $13,144 $778,266 $389,674 $388,592
2019 $12,964 $763,007 $382,034 $380,973
2018 $12,587 $748,047 $374,544 $373,503
2017 $591 $733,380 $367,200 $366,180
2016 $11,754 $719,000 $360,000 $359,000
2015 $7,444 $357,164 $150,068 $207,096
2014 $7,313 $350,169 $147,129 $203,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230017431

San Diego MLS