A
Seller's Agent in 2024
Aaron Marcusmillichap
Colliers International SD, Inc
(858) 945-7094
42 Total Sales
1477 Broadway El Cajon, CA 92021
El Cajon Area
2
Beds
2
Baths
13,608
Sq Ft
--
Built
About This Home
As of August 2024Broadway Estates is a 16-unit multifamily investment property located at 1477 Broadway, El Cajon, California. Built in 1986, Broadway Estates offers exclusively spacious two-bedroom floor plans, each with two bathrooms and in-unit stackable laundry machines. Furthermore, the property offers desirable amenities including ample garage and surface parking, a spacious courtyard, private patios and balconies, and a swimming pool. Current ownership has invested significant capital into the property, with work completed since 2021 including new pool fencing, new patio fencing, a repaved concrete driveway, as well as a resurfaced pool and pool deck. Broadway Estates benefits from its optimal El Cajon location, in close proximity to an abundance of local area amenities. The property is situated within one mile of Madison Elementary School, Montgomery Middle School, and Granite Hills High School. Additionally, the property is located near shops and restaurants along 2nd Street and Main Street, two major thoroughfares in the area. Furthermore, Broadway Estates is located just over two miles from Parkway Plaza, one of the premier shopping destinations in the area with over 1.3 million square feet of retail, dining, and entertainment space.
Last Agent to Sell the Property
Colliers International SD, Inc License #01318320 Listed on: 05/20/2024
Last Buyer's Agent
Mark Bridge
Mark Bridge, Broker License #01316702
Property Details
Home Type
- Multi-Family
Home Design
Interior Spaces
- 2 Bedrooms
- 13,608 Sq Ft Home
- 2-Story Property
Additional Homes
- Number of ADU Units: 16
Community Details
Overview
- 2 Buildings
- 16 Units
Building Details
- Operating Expense $176,033
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
May 20, 2024
Closed on
Aug 13, 2024
Sold by
Bought by
Seller's Agent
Aaron Marcusmillichap
Colliers International SD, Inc
Buyer's Agent
Mark Bridge
Mark Bridge, Broker
List Price
$5,050,000
Sold Price
$4,925,000
Premium/Discount to List
-$125,000
-2.48%
Views
126
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
0.0677%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 15, 2014
Sold by
Bought by
Purchase Details
Closed on
Oct 11, 2007
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
$1,245,000
Interest Rate
0.0629%
Mortgage Type
Commercial
Purchase Details
Closed on
May 17, 2001
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
$885,000
Interest Rate
0.0706%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 5, 1996
Sold by
Bought by
Purchase Details
Closed on
Dec 16, 1986
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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 |
|---|---|---|---|
| $4,925,000 | Chicago Title | ||
| -- | None Available | ||
| -- | United Title Company | ||
| -- | Gateway Title Company | ||
| -- | -- | ||
| $965,000 | -- |
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 | $1,700,000 | ||
| Previous Owner | $1,050,000 | ||
| Previous Owner | $1,245,000 | ||
| Previous Owner | $885,000 |
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 |
|---|---|---|---|---|
| 08/28/2024 08/28/24 | Sold | $4,925,000 | -2.5% | $362 / Sq Ft |
| 05/31/2024 05/31/24 | Pending | -- | -- | -- |
| 05/20/2024 05/20/24 | For Sale | $5,050,000 | 0.0% | $371 / Sq Ft |
| 05/17/2024 05/17/24 | Price Changed | $2,395 | +5.3% | $3 / Sq Ft |
| 05/14/2024 05/14/24 | For Rent | $2,275 | 0.0% | -- |
| 03/08/2024 03/08/24 | Price Changed | $2,275 | -5.0% | $3 / Sq Ft |
| 03/06/2024 03/06/24 | For Rent | $2,395 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $70,570 | $4,925,000 | $3,000,000 | $1,925,000 |
| 2024 | $36,057 | $2,021,003 | $750,254 | $1,270,749 |
| 2023 | $35,983 | $1,981,377 | $735,544 | $1,245,833 |
| 2022 | $36,539 | $1,942,527 | $721,122 | $1,221,405 |
| 2021 | $34,287 | $1,904,439 | $706,983 | $1,197,456 |
| 2020 | $32,448 | $1,884,912 | $699,734 | $1,185,178 |
| 2019 | $22,683 | $1,847,954 | $686,014 | $1,161,940 |
| 2018 | $22,317 | $1,811,720 | $672,563 | $1,139,157 |
| 2017 | $22,031 | $1,776,197 | $659,376 | $1,116,821 |
| 2016 | $21,151 | $1,741,371 | $646,448 | $1,094,923 |
| 2015 | $21,045 | $1,715,215 | $636,738 | $1,078,477 |
| 2014 | $20,639 | $1,681,618 | $624,266 | $1,057,352 |
Source: Public Records
Agents Affiliated with this Home
-
Aaron Marcusmillichap
-
M
Buyer's Agent in 2024
Mark Bridge
Mark Bridge, Broker
Map
Source: San Diego MLS
MLS Number: 240011256
APN: 507-281-61-00
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