NOT LISTED FOR SALE

1449 Peach Ave El Cajon, CA 92021

8 Beds
6 Baths
3,002 Sq Ft
0.43 Acres

Last Sold May 10, 2024

Last sale price $1,345,000 $448 Per Sq Ft

43 Days on Market

Highlights

  • Private Yard
  • No HOA
  • No Heating
  • Granite Hills High School Rated A-
  • Laundry Room
  • 1-Story Property

About This Home

As of May 2024

Exceptional legacy property featuring 3 gorgeous fully renovated homes on one huge usable lot! Front house is 4br/3ba/1,590sf, adjacent home is 1br/1ba/526sf, and back home is 3br/2ba/1,059sf. Each home showcases brand new kitchens, bathrooms, roofs, AC, paint, and flooring. Meticulously upgraded with luxury design and finishes, this rare and versatile gem offers investment potential for multigenerational living or rental property with the opportunity to build for more density. Extra large 18,600 SF lot provides ample space for RVs, boats, and toys. Front house has large living room with open concept kitchen, skylights and windows for beautiful natural light, a junior primary suite, additional bedroom and hall bathroom, interior laundry area, and large primary suite with electric fireplace, two closets, en-suite bathroom with barn door, and slider walkout to fenced backyard. Enjoy entertaining in the backyard with the large built-in firepit and seating, BBQ area with plumbed gas, and large cozy wood burning fireplace. Second home has airy feeling with vaulted ceilings, 1 bedroom and 1 bathroom, laundry area, and full kitchen. Back home has bright open concept with vaulted ceilings, primary bedroom with en-suite bathroom, 2 additional bedrooms and hall bathroom, and a large attached covered carport with laundry hookups and room for storage, workshop etc.

Last Agent to Sell the Property

Tina Etue

Compass Brokerage Email: tinaetue@gmail.com License #01151432 Listed on: 03/01/2024

Compass

Last Buyer's Agent

Nadia Kasyouhannon

Compass License #02006301

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944

Lot Details

  • 0.43 Acre Lot
  • 1 Common Wall
  • Private Yard

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 3,002 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces

Additional Features

  • Suburban Location
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 20 / 4
  • Tax Tract Number 1833
  • Assessor Parcel Number 5072820800

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $3,000
  • Fuel Expense $960
  • Insurance Expense $5,000
  • Trash Expense $1,080
  • Water Sewer Expense $1,500
  • New Taxes Expense $15,000
  • Operating Expense $26,540
  • Gross Income $120,000
  • Net Operating Income $93,460

Property Details

Home Type

Multi-Family

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 6.25
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 1500.00
  • Zoning: RM-6000
  • Property Type: Residential Income
  • Parcel Number: 5072820800
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Appliances: No
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 448.03

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 10.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Inside
  • Trash Expense: 1080.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Suburban

Lot Info

  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 18600.00
  • Lot Size Acres: 0.4270

Multi Family

  • Electric Expense: 3000.00
  • Fuel Expense: 960.00
  • Gross Income: 120000.00
  • Gross Scheduled Income: 120000.00
  • Insurance Expense: 5000.00
  • Lot Size Area: 18600.0000 Square Feet
  • Net Operating Income: 93460.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 26540.00
  • Rent Control: No
  • Total Expenses: 26540.00

Tax Info

  • New Taxes Expense: 15000.00
  • Tax Block: 4
  • Tax Lot: 20
  • Tax Tract Number: 001833

Range of Values:

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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
05/10/2024 05/10/24 Sold $1,345,000 -3.6% $448 / Sq Ft
04/13/2024 04/13/24 Pending -- -- --
04/09/2024 04/09/24 Price Changed $1,395,000 -3.8% $465 / Sq Ft
04/06/2024 04/06/24 For Sale $1,450,000 0.0% $483 / Sq Ft
03/14/2024 03/14/24 Pending -- -- --
03/13/2024 03/13/24 Price Changed $1,450,000 -3.0% $483 / Sq Ft
03/01/2024 03/01/24 For Sale $1,495,000 -- $498 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Tina Etue

    Seller's Agent in 2024

    Tina Etue

    Compass

    (619) 562-2229

    100 Total Sales

    Tina Etue
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2401171

California Regional Multiple Listing Service (CRMLS)
California San Diego County El Cajon 92021

1449 Peach Ave, El Cajon, CA

Not Listed for Sale

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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