NOT LISTED FOR SALE

344 Compton St El Cajon, CA 92020

8 Beds
7 Baths
3,935 Sq Ft
9,148 Sq Ft Lot

Last Sold September 14, 2022

Last sale price $1,230,000 $313 Per Sq Ft

33 Days on Market

Highlights

  • Property is near park
  • Community Pool
  • Laundry Room
  • Grossmont High School Rated A-
  • Park
  • No Heating

About This Home

As of September 2022

Unique development comprised of 46 separate ownership 4 plex's, sharing some common area (2 pools, clubhouse, full time on-site management. Management Service included! Extremely easy to own/operate! Rarely on the market. Unique and Special opportunity to own a managed multi-unit. Great 4 plex with proven income potential. All units are occupied with solid tenants. All units have their own 1 car garage and storage units. Common area laundry with coin operated machines for additional income! BUYER / BUYER'S AGENT TO VERIFY ALL. SELLER HAS NEVER OCCUPIED.

Last Agent to Sell the Property

Jessica Kennedy

SD Realty & Management Inc. License #01797989 Listed on: 06/08/2022

Last Buyer's Agent

Tiffany Hoffman

eXp Realty of California, Inc. License #01976932

eXp Realty of California, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 9,148 Sq Ft Lot
  • 1 Common Wall

HOA Fees

  • $517 Monthly HOA Fees

Parking

  • 4 Car Garage

Home Design

  • 3,935 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Additional Features

  • Laundry Room
  • Property is near park
  • No Heating

Listing and Financial Details

  • Tax Lot 20.A
  • Tax Tract Number 5281
  • Assessor Parcel Number 4823512000

Community Details

Overview

  • 4 Units
  • Bradley Park West Association

Amenities

  • Laundry Facilities

Recreation

  • Community Pool
  • Park

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $1
  • Trash Expense $1
  • New Taxes Expense $1
  • Operating Expense $1
  • Gross Income $1
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

HOA Fees

$517 per month

Parking

4

Listing Details

  • Assessments: No
  • CapRate: 1.00
  • Property Attached: Yes
  • View: No
  • Zoning: R-3 Restricted Multiple
  • Property Type: Residential Income
  • Parcel Number: 4823512000
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Appliances: No
  • Price Per Square Foot: 312.58

Exterior Features

  • Fence: No
  • Pool Features: Community
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 1.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 517.00
  • Association Fee Frequency: Monthly
  • Association Name: Bradley Park West
  • Senior Community: No
  • Community Features: Park

Lot Info

  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 9147.60
  • Lot Size Acres: 0.2100

Multi Family

  • Gross Income: 1.00
  • Gross Scheduled Income: 79269.00
  • Insurance Expense: 1.00
  • Lot Size Area: 0.2100 Acres
  • Net Operating Income: 1.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 1.00
  • Rent Control: No
  • Total Expenses: 1.00

Tax Info

  • New Taxes Expense: 1.00
  • Tax Lot: 20.A
  • Tax Tract Number: 005281
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Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2022 09/14/22 Sold $1,230,000 0.0% $313 / Sq Ft
07/11/2022 07/11/22 Pending -- -- --
06/14/2022 06/14/22 Price Changed $1,230,000 -19.6% $313 / Sq Ft
06/08/2022 06/08/22 For Sale $1,529,900 -- $389 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $18,032 $1,279,692 $655,452 $624,240
2024 $18,032 $1,254,600 $642,600 $612,000
2023 $17,469 $1,230,000 $630,000 $600,000
2022 $15,451 $932,530 $472,832 $459,698
2021 $14,146 $914,246 $463,561 $450,685
2020 $13,094 $904,872 $458,808 $446,064
2019 $10,857 $887,130 $449,812 $437,318
2018 $9,990 $820,000 $411,000 $409,000
2017 $32 $785,000 $394,000 $391,000
2016 $8,646 $720,000 $362,000 $358,000
2015 $7,944 $655,000 $330,000 $325,000
2014 $7,640 $630,000 $318,000 $312,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2203773

California Regional Multiple Listing Service (CRMLS)