NOT LISTED FOR SALE

1405 Buckeye Dr El Cajon, CA 92021

Bostonia Neighborhood

Estimated Value: $901,000 - $963,000

6 Beds
2 Baths
1,800 Sq Ft
$517/Sq Ft Est. Value

Sale Details

Date Sold: January 9, 2024

Last sale price $850,000 $472 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,986 / mo

12 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Level Lot
  • 1-Story Property
  • Partially Fenced Property

About This Home

As of January 2024

Pride of ownership. New roof & gas hot water heater, and central heating and air conditioning units installed in 2021. Each spacious 3 bedroom single level units has its own private yard, washer/dryer, central heat & a/c, stove fridge, and parking for 3 cars per unit. Long term tenants both have been there over 10 years, now on month to month lease. Investment opportunity in high demand rental market will ensure minimal vacancy for someone looking for a bread and butter income opportunity.

Last Agent to Sell the Property

Jeannine Savory

The Agency License #01310559 Listed on: 11/29/2023

The Agency

Last Buyer's Agent

Jeannine Savory

The Agency License #01310559 Listed on: 11/29/2023

The Agency

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 10,785 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Parking

  • RV Potential

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 484-011-43-00

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 2 Units
  • Net Operating Income $28,390

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

10,785 Sq Ft Lot

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Greenfield
  • Neighborhood: El Cajon
  • LP / Sq Ft: 17.07
  • Stories: 1 Story
  • Sale Price List Price: 1.0
  • Total Stories: 1
  • Year Built: 1972
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 3
  • Prkng Non Garage Spac U2: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Garage/Parking

  • Parking for RV: Potential Space

Utilities

  • Cooling: Central Forced Air
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: EL CAJON

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Topography: Level
  • Zoning: R-2:MINOR
  • Assessor Parcel Number: 484-011-43-00
  • Estimated Lot Sq Ft: 10785
  • Estimated Number of Acres: 0.25
  • Map Code Column: H
  • Map Code Page: 1251
  • Map Code Row: 2

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 28390
  • Gross Rent Multiplier Actual: 18.64
  • Gross Rent Multiplier Projected: 12.65
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2023
Closed on
Jan 8, 2024
Sold by
Bought by
Seller's Agent
Jeannine Savory
The Agency
Buyer's Agent
Jeannine Savory
The Agency
List Price
$850,000
Sold Price
$850,000
Views
61
Current Estimated Value
$930,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,619
Avg. Annual Appreciation
3.62%
Original Mortgage
$765,000
Outstanding Balance
$745,582
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$185,037

Purchase Details

Listed on
Nov 29, 2023
Closed on
Dec 18, 2023
Sold by
Bought by
Seller's Agent
Jeannine Savory
The Agency
Buyer's Agent
Jeannine Savory
The Agency
List Price
$850,000
Sold Price
$850,000
Views
61

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Outstanding Balance
$745,582
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$185,037

Purchase Details

Closed on
May 26, 2016
Sold by
Bought by

Purchase Details

Closed on
Apr 11, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,500
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2004
Sold by
Bought by

Purchase Details

Closed on
Sep 4, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
5.95%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First American Title
$850,000 First American Title
-- None Available
-- Equity Title Company
-- --
$395,000 Chicago Title Co
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $765,000
Previous Owner $365,500
Previous Owner $355,000
Previous Owner $142,500
Previous Owner $135,000
Previous Owner $120,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/09/2024 01/09/24 Sold $850,000 0.0% $472 / Sq Ft
12/12/2023 12/12/23 Pending -- -- --
11/29/2023 11/29/23 For Sale $850,000 -- $472 / Sq Ft
Source: San Diego MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $12,569 $884,338 $402,990 $481,348
2025 $8,852 $866,999 $395,089 $471,910
2024 $8,852 $550,569 $250,893 $299,676
2023 $8,583 $539,774 $245,974 $293,800
2022 $8,378 $529,191 $241,151 $288,040
2021 $8,247 $518,816 $236,423 $282,393
2020 $8,084 $513,497 $233,999 $279,498
2019 $7,975 $503,429 $229,411 $274,018
2018 $7,762 $493,559 $224,913 $268,646
2017 $591 $450,000 $202,000 $248,000
2016 $6,796 $435,000 $196,000 $239,000
2015 $6,301 $390,000 $176,000 $214,000
2014 $5,914 $360,000 $163,000 $197,000
Source: Public Records

Agents Affiliated with this Home

  • Jeannine Savory

    Seller's Agent in 2024

    Jeannine Savory

    The Agency

    (619) 800-0289

    1 in this area

    81 Total Sales

    Jeannine Savory
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Map

Source: San Diego MLS

MLS Number: 230023061

San Diego MLS

APN: 484-011-43

California San Diego County El Cajon 92021 Bostonia

1405 Buckeye Dr, El Cajon, CA

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