Robin Hagemann
Compass
(619) 439-1743
31 Total Sales
1 in Granite Hills
$1,000,000 Price
1940 Valley Rim Rd El Cajon, CA 92019
Granite Hills NeighborhoodEstimated Value: $1,050,000 - $1,339,695
6
Beds
4
Baths
2,800
Sq Ft
$429/Sq Ft
Est. Value
About This Home
As of May 2023PRICED TO CASH FLOW EVEN WITH CRAZY 7%+ INTEREST RATES! We are pleased to present this turnkey gem on a HUGE lot in the serene Granite Hills of El Cajon. You will not find cheaper price per lot square footage for multifamily than with this 1.42 acre estate - $21/SF! The property is basically brand new construction given the heavy renovation for all 3 units and is comprised of a large 1500 SF 4BR 2BA home with a 400 SF attached studio. Sitting below this is a 900 SF 2BR 1BA home. All units have their own solar owned free and clear. Minisplit AC units and laundry hook ups in all. The 4/2 house is rented for $4100 and the 2/1 for $2400. Tenant application ready to go for $1800. On top of this, there is the ability to rent out the 15,000 SF part of the lot at the bottom for RV or boat storage. Seller already has an offer from one RV owner for $100/month is a Buyer wants it. There is the ability to fit 10-20 RVs easily, that is potential for $10-20k extra a year!
Last Agent to Sell the Property
The Browar Group License #02072593 Listed on: 01/25/2023
Last Buyer's Agent
Thomas Dinh Nguyen
Golden Century Investments License #01179972
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1958
Lot Details
- 1.42
Home Design
- Composition Roof
- Stucco Exterior
Additional Features
- 1-Story Property
- Partially Fenced Property
Listing and Financial Details
- Tenant pays for electricity
- Assessor Parcel Number 508-032-01-00
Community Details
Overview
- 2 Buildings
- 3 Units
- Granite Hills Community
Building Details
- Net Operating Income $75,501
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
Closed on
Mar 7, 2023
Sold by
Muska Safi
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$977,500
Interest Rate
6.32%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 6, 2023
Sold by
Crypto Is Not A Crime Llc
Bought by
Safi Obaidullah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$977,500
Interest Rate
6.32%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 27, 2022
Sold by
Sdre Homebuyers Holdings Llc
Bought by
Coastal Consultants Inc
Purchase Details
Closed on
Feb 11, 2021
Sold by
Fiorito Frank and Marital Trust
Bought by
Sdre Homebuyers Holdings Llc and Crypto Is Not A Crime Llc
Purchase Details
Closed on
Sep 17, 2020
Sold by
Florito Frank and Declaration Of Tr Of Rodney W
Bought by
Sdre Homebuyers Holdings Llc and Crypto Is Not A Crime Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Interest Rate
2.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 4, 1986
Purchase Details
Closed on
Sep 28, 1983
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Granite Hills, CA
-
Robin Hagemann
-
Garrin Fuller
Garrin Fuller
Serhant California Inc
(858) 267-4170
43 Total Sales
2 in Granite Hills
$22,750 Price Range
-
Jace Coleman
Jace Coleman
Allison James Estates & Homes
(858) 630-2454
55 Total Sales
1 in Granite Hills
$1,170,000 Price
-
Ernesto Rivera
Ernesto Rivera
PROPR Real Estate Inc.
(858) 289-0416
37 Total Sales
1 in Granite Hills
$900,000 Price
-
Dawn Lewis
Dawn Lewis
Real Broker
(858) 223-9989
136 Total Sales
1 in Granite Hills
$1,350,000 Price
-
Yusef Hussainy
Yusef Hussainy
Responds QuicklyColdwell Banker West
(619) 404-5436
65 Total Sales
2 in Granite Hills
$950,000 Price Range
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 |
|---|---|---|---|
| -- | None Listed On Document | ||
| Safi Obaidullah | $1,150,000 | Lawyers Title | |
| Coastal Consultants Inc | $660,000 | Ticor Title | |
| Sdre Homebuyers Holdings Llc | -- | First American Title Company | |
| Sdre Homebuyers Holdings Llc | $410,000 | First American Title Company | |
| -- | $155,000 | -- | |
| -- | $150,000 | -- |
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 |
|---|---|---|---|
| Previous Owner | $977,500 | ||
| Previous Owner | Sdre Homebuyers Holdings Llc | $608,000 | |
| Previous Owner | Sdre Homebuyers Holdings Llc | $524,000 |
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 |
|---|---|---|---|---|
| 05/16/2023 05/16/23 | Sold | $1,150,000 | -4.2% | $411 / Sq Ft |
| 02/17/2023 02/17/23 | Pending | -- | -- | -- |
| 01/25/2023 01/25/23 | For Sale | $1,199,999 | -- | $429 / 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 | $14,058 | $1,220,388 | $636,724 | $583,664 |
| 2025 | $14,148 | $1,196,460 | $624,240 | $572,220 |
| 2024 | $14,148 | $1,173,000 | $612,000 | $561,000 |
| 2023 | $8,949 | $745,497 | $327,393 | $418,104 |
| 2022 | $5,817 | $481,400 | $218,400 | $263,000 |
| 2021 | $3,044 | $248,799 | $153,109 | $95,690 |
| 2020 | $5,761 | $474,300 | $275,400 | $198,900 |
| 2019 | $2,916 | $236,682 | $145,652 | $91,030 |
| 2018 | $2,869 | $232,043 | $142,797 | $89,246 |
| 2017 | $2,832 | $227,495 | $139,998 | $87,497 |
| 2016 | $2,719 | $223,035 | $137,253 | $85,782 |
| 2015 | $2,706 | $219,686 | $135,192 | $84,494 |
| 2014 | $2,654 | $215,383 | $132,544 | $82,839 |
Source: Public Records
Agents Affiliated with this Home
-
Florian Sighe
Seller's Agent in 2023
Florian Sighe
The Browar Group
(619) 894-3030
1 in this area
42 Total Sales
-
TN
Buyer's Agent in 2023
Thomas Dinh Nguyen
Golden Century Investments
-
Steven Bryie
Buyer's Agent in 2023
Steven Bryie
ERA Ranch & Sea Realty
(760) 815-4060
2 in this area
38 Total Sales
Map
Source: San Diego MLS
MLS Number: 230001570
APN: 508-032-01
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