Seller's Agent in 2024
Tony Elias
Compass
(619) 838-9838
194 Total Sales
1364 Naranca Ave El Cajon, CA 92021
Estimated Value: $819,000 - $1,669,000
8
Beds
6
Baths
3,527
Sq Ft
$376/Sq Ft
Est. Value
About This Home
As of June 2024Welcome to 1364-66 Naranca Ave, a truly exceptional property that stands out as the crown jewel of El Cajon. This remarkable investment opportunity boasts three detached homes, each offering unparalleled luxury, privacy, and modern amenities. Currently generating an impressive gross monthly rent of $10,075, this cash cow promises lucrative returns from day one. Step into each of the meticulously crafted homes and prepare to be amazed. No detail has been spared in these residences, with every inch exuding quality and sophistication. Whether you're an investor seeking a turnkey income property or a homeowner looking for multi-generational living options, this property has it all. Each home features its own separate access, HVAC system, and laundry facilities, ensuring convenience and comfort for all occupants. The spacious yards are a haven for relaxation and entertainment, showcasing maintenance-free landscaping, expansive trex decks, and a combination of concrete and turf for easy upkeep. Privacy is paramount, with 9-foot modern security fencing separating each unit, allowing residents to enjoy their own secluded oasis. Strategically located near freeways and shopping centers, this property offers unmatched convenience and accessibility. Whether you're considering multi-family living, house hacking, or pure investment potential, this property presents an unparalleled opportunity. Additionally, savvy investors can explore the benefits of a cost segregation study, potentially unlocking significant tax advantages. Opportunities like this are rare, so don't miss your chance to own a piece of El Cajon's finest real estate. Seize this moment and schedule your viewing of 1364 Naranca Ave today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,024
Year Built
- Built in 1973
Lot Details
- 0.33 Acre Lot
- Property is Fully Fenced
Home Design
- Composition Roof
Additional Features
- 2-Story Property
- Zoned Heating and Cooling
Listing and Financial Details
- Tenant pays for sewer, trash, water, electricity, gas/propane, hot water
- Assessor Parcel Number 484-263-47-00
Community Details
Overview
- 3 Buildings
- 3 Units
- N/K Community
Building Details
- Net Operating Income $120,900
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 28, 2024
Closed on
Apr 26, 2024
Sold by
Hernandez Jose Luis and H Casitas Investmehts Inc
Bought by
Garza Victor Jonas and Garza Maya
Seller's Agent
Tony Elias
Compass
Buyer's Agent
Jill Vodicka
RE/MAX Connections
List Price
$1,550,000
Sold Price
$1,482,500
Premium/Discount to List
-$67,500
-4.35%
Views
126
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
-$155,091
Avg. Annual Appreciation
-7.54%
Original Mortgage
$997,500
Outstanding Balance
$984,267
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$343,142
Purchase Details
Closed on
Aug 22, 2022
Sold by
Hailey Hernandez Alyssa
Bought by
Hernandez Jose Luis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$925,000
Interest Rate
5.54%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 19, 2022
Sold by
Luis Hernandez Jr Jose and Luis Melecio
Bought by
Hernandez Jose Luis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$925,000
Interest Rate
5.54%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 11, 2021
Sold by
Hernandez Jose Luis and Morales Melecio
Bought by
Morales Melecio and Morales Soralla Aurora
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,678
Interest Rate
2.7%
Mortgage Type
FHA
Purchase Details
Listed on
Aug 11, 2017
Closed on
Nov 7, 2017
Sold by
Hernandez Alyssa Hailey
Bought by
Hernandez Jose Luis
Seller's Agent
Sussy Brown
HomeSmart Realty West
Buyer's Agent
Jose Magadan Jr.
AARE
List Price
$464,999
Sold Price
$465,000
Premium/Discount to List
$1
0.0%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.03%
Original Mortgage
$456,577
Interest Rate
3.83%
Mortgage Type
FHA
Purchase Details
Listed on
Aug 11, 2017
Closed on
Oct 18, 2017
Sold by
Jlmr Investme Ts Lp
Bought by
Hernandez Jose Luis and Morales Melecio
Seller's Agent
Sussy Brown
HomeSmart Realty West
Buyer's Agent
Jose Magadan Jr.
AARE
List Price
$464,999
Sold Price
$465,000
Premium/Discount to List
$1
0.0%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,577
Interest Rate
3.83%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 7, 2017
Sold by
Christensen Dean and Christensen Josephine
Bought by
Jlmr Investments Lp
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Garza Victor Jonas | $1,482,500 | First American Title | |
| Hernandez Jose Luis | -- | Ticor Title | |
| Hernandez Jose Luis | -- | Ticor Title | |
| Morales Melecio | -- | Ticor Title San Diego Branch | |
| Hernandez Jose Luis | -- | Stewart Title Of California | |
| Hernandez Jose Luis | $465,000 | Stewart Title Of California | |
| Jlmr Investments Lp | $351,000 | Title 365 |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Garza Victor Jonas | $997,500 | |
| Previous Owner | Hernandez Jose Luis | $925,000 | |
| Previous Owner | Morales Melecio | $441,678 | |
| Previous Owner | Hernandez Jose Luis | $456,577 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/05/2024 06/05/24 | Sold | $1,482,500 | -4.4% | $420 / Sq Ft | |
| 04/23/2024 04/23/24 | Pending | -- | -- | -- | |
| 03/28/2024 03/28/24 | For Sale | $1,550,000 | +233.3% | $439 / Sq Ft | |
| 11/08/2017 11/08/17 | Sold | $465,000 | 0.0% | $383 / Sq Ft | View Prior Sale |
| 10/09/2017 10/09/17 | Pending | -- | -- | -- | |
| 08/11/2017 08/11/17 | For Sale | $464,999 | -- | $383 / Sq Ft |
Source: San Diego MLS
Tax History Compared to Growth
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 | $19,024 | $1,512,150 | $714,000 | $798,150 |
| 2024 | $9,449 | $723,731 | $229,946 | $493,785 |
| 2023 | $6,889 | $508,541 | $205,438 | $303,103 |
| 2022 | $6,656 | $498,570 | $201,410 | $297,160 |
| 2021 | $6,462 | $488,795 | $197,461 | $291,334 |
| 2020 | $6,370 | $483,784 | $195,437 | $288,347 |
| 2019 | $5,803 | $474,299 | $191,605 | $282,694 |
| 2018 | $5,709 | $465,000 | $187,849 | $277,151 |
| 2017 | $1,532 | $121,463 | $49,068 | $72,395 |
| 2016 | $1,470 | $119,082 | $48,106 | $70,976 |
| 2015 | $1,463 | $117,294 | $47,384 | $69,910 |
| 2014 | $1,436 | $114,997 | $46,456 | $68,541 |
Source: Public Records
Agents Affiliated with this Home
-
Tony Elias
-
Christian Meno
Seller Co-Listing Agent in 2024
Christian Meno
Compass
(619) 906-1683
54 Total Sales
-
Jill Vodicka
Buyer's Agent in 2024
Jill Vodicka
RE/MAX
(619) 623-5345
81 Total Sales
-
S
Seller's Agent in 2017
Sussy Brown
HomeSmart Realty West
-
Jose Magadan Jr.
Buyer's Agent in 2017
Jose Magadan Jr.
AARE
(619) 894-2931
7 Total Sales
Map
Source: San Diego MLS
MLS Number: 240006607
APN: 484-263-47
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.
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
- 1386-90 Oakdale Ave
- 0 Marline Ave
- 1434 Peach Ave
- 1429 Oakdale Ave
- 1386 E Madison Ave Unit 15
- 1345 E Madison Ave Unit 5
- 907 Teatro Cir
- 1425 E Madison Ave Unit 18
- 1425 E Madison Ave Unit 12
- 1278 E Madison Ave Unit D
- 1278 E Madison Ave Unit C
- 540 Oakdale Ln Unit C
- 540 Oakdale Ln Unit A
- 1088 Bostonia St Unit 7
- 1105 Bostonia St
- 1369 E Main St Unit 34
- 1369 E Main St Unit 3
- 1369 E Main St Unit 35
- 1369 E Main St Unit 29
- 1369 E Main St Unit 33
- 1360 Naranca Ave
- 1372 Naranca Ave
- 1386 Naranca Ave
- 1380 Naranca Ave
- 1356 Naranca Ave
- 1388 Naranca Ave
- 1369 Marline Ave
- 1363 Marline Ave Unit 65
- 1377 Marline Ave
- 1363 Naranca Ave
- 1373 Naranca Ave
- 1355 Marline Ave
- 768 Grape St
- 1346 Naranca Ave
- 1357 Marline Ave Unit 59
- 776 Grape St
- 1390 Naranca Ave
- 1369 Marline Ave
- 1371 Naranca Ave
- 1375 Naranca Ave