Seller's Agent in 2025
Benn Vogelsang
NorthMarq Multifamily
(415) 250-4947
101 Total Sales
1349 E Main St El Cajon, CA 92021
1
Bed
2
Baths
3,514
Sq Ft
12,979
Sq Ft Lot
About This Home
As of December 2025Palm Residence is an 11-unit property that consists of one structure totaling 3,514 rentable square feet built in 1951 on a 12,979 square foot lot. There is a 1 Bedroom manager’s unit with a full kitchen and 10 studios without kitchens. All units have walk-in closets and large bathrooms. The property features 11 parking spaces, onsite laundry facilities and two large storage sheds. There is conditional approval for Single Room Occupancy use and more improvements are required for final approval. Buyer to verify property use, zoning and square footage. Potential for 12th unit with CUP. The property is located in a desirable El Cajon area with convenient access to schools and freeways. The nearby I-8 runs towards La Mesa and the SDSU College Area to the West and the I-67 runs north towards Santee and Lakeside. The average household income exceeds $85,000 in a 3-mile radius with an average family size of 3 members per household. The property is in close proximity to national health and consumer stores including VONS, Rite-Aid, CVS and North Park Produce as well as walkable to numerous quick-service restaurants, 24 Hour Fitness and schools along El Cajon Boulevard.
Last Agent to Sell the Property
NorthMarq Multifamily License #01883437 Listed on: 10/14/2025
Property Details
Home Type
- Multi-Family
Lot Details
- 12,979 Sq Ft Lot
Parking
- 11 Parking Spaces
Home Design
Interior Spaces
- 1 Bedroom
- 3,514 Sq Ft Home
- 1-Story Property
Community Details
Overview
- 2 Buildings
- 11 Units
Building Details
- 9 Leased Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 14, 2025
Closed on
Dec 5, 2025
Sold by
Palm Residence Llc
Bought by
Nbp1 Llc
Seller's Agent
Benn Vogelsang
NorthMarq Multifamily
Buyer's Agent
Benn Vogelsang
NorthMarq Multifamily
List Price
$1,200,000
Sold Price
$1,150,000
Premium/Discount to List
-$50,000
-4.17%
Views
81
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,912
Avg. Annual Appreciation
1.14%
Original Mortgage
$675,000
Outstanding Balance
$565,374
Interest Rate
6.19%
Mortgage Type
Construction
Estimated Equity
$588,538
Purchase Details
Closed on
Aug 28, 2023
Sold by
Mardesich Family Trust and Luke Mardesich Living Trust
Bought by
Palm Residence Llc
Purchase Details
Closed on
Jan 4, 2017
Sold by
Brantz Kristin
Bought by
Brantz Kristin
Purchase Details
Closed on
May 5, 2011
Sold by
Mardesich Luke
Bought by
Mardesich Luke
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Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,150,000 | Chicago Title | |
| Grant Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $675,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/08/2025 12/08/25 | Sold | $1,150,000 | -4.2% | $327 / Sq Ft |
| 11/04/2025 11/04/25 | Pending | -- | -- | -- |
| 10/14/2025 10/14/25 | For Sale | $1,200,000 | -- | $341 / 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 | $7,999 | $350,103 | $247,557 | $102,546 |
| 2024 | $7,999 | $343,239 | $242,703 | $100,536 |
| 2023 | $7,732 | $336,510 | $237,945 | $98,565 |
| 2022 | $7,216 | $329,913 | $233,280 | $96,633 |
| 2021 | $7,193 | $323,445 | $228,706 | $94,739 |
| 2020 | $6,875 | $320,129 | $226,361 | $93,768 |
| 2019 | $3,954 | $313,853 | $221,923 | $91,930 |
| 2018 | $3,892 | $307,700 | $217,572 | $90,128 |
| 2017 | $3,844 | $301,667 | $213,306 | $88,361 |
| 2016 | $3,694 | $295,753 | $209,124 | $86,629 |
| 2015 | $3,676 | $291,311 | $205,983 | $85,328 |
| 2014 | $3,607 | $285,606 | $201,949 | $83,657 |
Source: Public Records
Agents Affiliated with this Home
-
Benn Vogelsang
Map
Source: San Diego MLS
MLS Number: 250041657
APN: 489-180-39
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