$1,250,000

Estimated payment $7,414/month

Total Views 544
6 Beds
6 Baths
2,496 Sq Ft
$501 Price per Sq Ft

Highlights

  • Cul-De-Sac
  • Partially Fenced Property
  • Level Lot

About This Home

Fantastic investment opportunity featuring two units on a single lot, perfectly designed for both investors and owner-occupiers. Each unit has 3 bedrooms, 2 1/2 baths, and a 2-car garage. With current market trends, these units can generate a substantial rental income, potentially increasing your ROI significantly. Each unit comes with a spacious back yard, and both yards may be able to accommodate an ADU. Buyers should consult with the appropriate City of El Cajon zoning and permit professionals to understand all guidelines, restrictions or requirements. This location offers great proximity to freeways, shopping centers, schools, and a variety of entertainment options.

Listing Agent

Ed Smith

Ed Smith Jr. & Associates License #01113512 Listed on: 07/14/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,880

Year Built

  • Built in 1987

Lot Details

  • Cul-De-Sac
  • Partially Fenced Property
  • Level Lot

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Utilities

  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 484-011-60-00

Community Details

Overview

  • 2 Units
  • Rancho El Cajon Community

Building Details

  • Net Operating Income $43,213

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,880

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Mollison
  • Neighborhood: Bostonia
  • Stories: 2 Story
  • Total Stories: 2
  • Year Built: 1987
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

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

  • Complex Name: Rancho El Cajon
  • Community: EL CAJON

Lot Info

  • Lot Size: 2+ to 4 AC
  • Site: Cul-De-Sac, Street Paved
  • Topography: Level
  • Water District: HELIX WATER DISTRICT
  • Zoning: R-2 Minor
  • Assessor Parcel Number: 484-011-60-00

Rental Info

  • Tenant Pays: Sewer, Trash, Water, Cable TV, Electricity, Gardener, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 43213
  • Annual Expense Actual: 11867
  • Gross Rent Multiplier Actual: 22.69
  • Gross Sched Income Actual: 55080
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Garage: 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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $5,880 $303,340 $105,152 $198,188
2023 $5,687 $297,393 $103,091 $194,302
2022 $5,527 $291,563 $101,070 $190,493
2021 $5,436 $285,847 $99,089 $186,758
2020 $5,303 $282,917 $98,073 $184,844
2019 $5,229 $277,370 $96,150 $181,220
2018 $5,061 $271,932 $94,265 $177,667
2017 $4,916 $266,601 $92,417 $174,184
2016 $4,709 $261,374 $90,605 $170,769
2015 $4,691 $257,449 $89,245 $168,204
2014 $4,607 $252,407 $87,497 $164,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 For Sale $1,250,000 -- $501 / Sq Ft
Source: San Diego MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Ticor Title
Interfamily Deed Transfer -- Ticor Title
Interfamily Deed Transfer -- Ticor Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Tsi
Interfamily Deed Transfer -- Tsi
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Southland Title Company
Quit Claim Deed -- South Coast Title Co
Deed $40,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $317,938 New Conventional
Closed $333,000 Stand Alone Refi Refinance Of Original Loan
Closed $131,000 No Value Available
Source: Public Records

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Source: San Diego MLS

MLS Number: 250033349

San Diego MLS

APN: 484-011-60