NOT LISTED FOR SALE
3 Beds
3 Baths
1,500 Sq Ft
1948 Built

Sale Details

Date Sold: October 30, 2023

Last sale price $845,000 $563 Per Sq Ft

6 Days on Market

Highlights

  • Property is Fully Fenced
  • Wood Siding
  • 1-Story Property

About This Home

As of October 2023

Great 3-unit investment opportunity in El Cajon! One duplex and one detached house with an additional detached 2-car garage. Each unit has a large personal yard and space for off-street parking. Located near the 8 and 67 for easy freeway access. Lots of potential for upgrades and a great rental opportunity.

Last Agent to Sell the Property

Alaina Elliott

eXp Realty of Southern CA License #02221149 Listed on: 09/22/2023

eXp Realty of Southern CA

Last Buyer's Agent

Scott Edelstein

Palma Commercial License #02043672

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Home Design

  • Composition Roof
  • Wood Siding

Additional Features

  • 1-Story Property
  • Property is Fully Fenced
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 483-234-24-00

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • N/K Community

Building Details

  • Net Operating Income $51,763

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Ballantyne
  • Neighborhood: Valley Acres
  • Stories: 1 Story
  • Sale Price List Price: 0.94
  • Total Stories: 1
  • Year Built: 1948
  • 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: Wood
  • Fencing: Full
  • Roof: Composition

Utilities

  • Cooling: Wall/Window

Condo/Co-op/Association

  • Complex Name: N/K
  • Community: EL CAJON

Lot Info

  • Lot Size: .25 to .5 AC
  • Assessor Parcel Number: 483-234-24-00
  • Map Code Column: G
  • Map Code Page: 1251
  • Map Code Row: 4

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 51763
  • Gross Rent Multiplier Actual: 11.0
  • Number Of Buildings: 3
  • Number Of Units With Cooling: 3
  • Number Of Units With Dryers: 3
  • Number Of Units With Garage: 1
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 3

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
Dec 4, 2024
Sold by
Ferguson Brian
Bought by

Purchase Details

Closed on
Sep 20, 2024
Sold by
Casa De Fergs Llc
Bought by
Ferguson Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,200
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 22, 2023
Closed on
Oct 26, 2023
Sold by
Ferguson Michelle
Bought by
Ferguson Brian
Seller's Agent
Alaina Elliott
eXp Realty of Southern CA
Buyer's Agent
Scott Edelstein
Palma Commercial
List Price
$899,999
Sold Price
$845,000
Premium/Discount to List
-$54,999
-6.11%
Views
49

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,200
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 22, 2023
Closed on
Oct 9, 2023
Sold by
Elliott Mark and Elliott Carol
Bought by
Ferguson Brian
Seller's Agent
Alaina Elliott
eXp Realty of Southern CA
Buyer's Agent
Scott Edelstein
Palma Commercial
List Price
$899,999
Sold Price
$845,000
Premium/Discount to List
-$54,999
-6.11%
Views
49

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,200
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2012
Sold by
Rame Maria Barrak
Bought by
Elliott Mark and Elliott Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 10, 2004
Sold by
Rame Maria Barrak and Rame Luis
Bought by
Rame Maria Barrak and Maria Rame Family Trust

Purchase Details

Closed on
May 7, 1993

Purchase Details

Closed on
Mar 20, 1991
Source: Public Records

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
-- First American Title
Ferguson Brian -- First American Title
Ferguson Brian -- First American Title
Ferguson Brian -- First American Title
Casa De Fergs Llc -- First American Title
Ferguson Brian $845,000 First American Title
Elliott Mark $265,000 Ticor Title Company Of Ca
Rame Maria Barrak -- --
Rame Maria Barrak -- --
-- $171,800 --
-- $160,000 --
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 $348,200
Previous Owner Ferguson Brian $348,200
Previous Owner Elliott Mark $500,000
Previous Owner Elliott Mark $198,750
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
10/30/2023 10/30/23 Sold $845,000 -6.1% $563 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
09/22/2023 09/22/23 For Sale $899,999 -- $600 / 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 $11,504 $879,138 $624,240 $254,898
2025 $11,568 $861,900 $612,000 $249,900
2024 $11,568 $845,000 $600,000 $245,000
2023 $5,330 $319,919 $144,868 $175,051
2022 $5,240 $313,647 $142,028 $171,619
2021 $5,301 $307,498 $139,244 $168,254
2020 $5,242 $304,346 $137,817 $166,529
2019 $3,691 $298,379 $135,115 $163,264
2018 $3,632 $292,529 $132,466 $160,063
2017 $3,585 $286,794 $129,869 $156,925
2016 $3,442 $281,172 $127,323 $153,849
2015 $3,425 $276,950 $125,411 $151,539
2014 $3,360 $271,526 $122,955 $148,571
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230018623

San Diego MLS

APN: 483-234-24-00

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