Seller's Agent in 2021
Saied Mojabi
Coldwell Banker Realty
(858) 565-1389
113 Total Sales
398 Walter Way El Cajon, CA 92021
8
Beds
4
Baths
3,120
Sq Ft
1958
Built
Highlights
- City View
- Laundry Facilities
- Level Lot
- Open Space
- Property is Fully Fenced
- Wood Siding
About This Home
As of August 2021We are proud to present this 4 units in one building consisting of four 2 bedroom/1 bath units. They are all occupied and 3 out of 4 have been upgraded recently. One unit has been occupied for a long time by the same tenant. These units have laminated wood flooring, tiled flooring, crown moldings and newer appliances plus ceiling fans. Each unit has assigned parking space,their own hot water heater, window A/C and there is also a shared patio in common area. The property also has commercial value since it is zoned for commercial use as well as residential units. Close to 2nd street could help with tenants who do not want to use their car that often. Walking distance to the shops, grocery stores, bus & restaurants. Show with accepted offer only. Great cash flow opportunity. Rental amounts can be improved easily. There is community laundry with income to owner, grass area and common patio. Tenants pay for gas, electric and hot water.
Last Agent to Sell the Property
Coldwell Banker Realty License #00860307 Listed on: 05/17/2021
Last Buyer's Agent
George Asaad
Berkshire Hathaway HomeServices California Properties License #01270354
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1958
Lot Details
- 6,141 Sq Ft Lot
- Open Space
- Property is Fully Fenced
- Level Lot
- Sprinklers on Timer
Home Design
- Composition Roof
- Wood Siding
Interior Spaces
- 2-Story Property
- City Views
Utilities
- Cooling System Mounted To A Wall/Window
- Gravity Heating System
- Heating System Uses Natural Gas
- Separate Water Meter
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity
- Assessor Parcel Number 489-180-51-00
Community Details
Pet Policy
- Pets Allowed
Additional Features
- 4 Units
- Laundry Facilities
- Net Operating Income $56,882
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Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/27/2021 08/27/21 | Sold | $1,050,000 | -1.9% | $337 / Sq Ft | |
| 07/22/2021 07/22/21 | Pending | -- | -- | -- | |
| 06/09/2021 06/09/21 | Price Changed | $1,070,000 | -2.7% | $343 / Sq Ft | |
| 06/08/2021 06/08/21 | For Sale | $1,100,000 | 0.0% | $353 / Sq Ft | |
| 06/06/2021 06/06/21 | Price Changed | $1,100,000 | +2.9% | $353 / Sq Ft | |
| 06/05/2021 06/05/21 | Pending | -- | -- | -- | |
| 06/01/2021 06/01/21 | For Sale | $1,069,000 | 0.0% | $343 / Sq Ft | |
| 05/28/2021 05/28/21 | Pending | -- | -- | -- | |
| 05/17/2021 05/17/21 | For Sale | $1,069,000 | +37.1% | $343 / Sq Ft | |
| 08/05/2016 08/05/16 | Sold | $780,000 | 0.0% | $250 / Sq Ft | View Prior Sale |
| 06/20/2016 06/20/16 | Pending | -- | -- | -- | |
| 06/01/2016 06/01/16 | For Sale | $780,000 | -- | $250 / Sq Ft |
Source: San Diego MLS
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 | $15,530 | $1,114,267 | $387,340 | $726,927 |
| 2024 | $15,530 | $1,092,420 | $379,746 | $712,674 |
| 2023 | $15,399 | $1,071,000 | $372,300 | $698,700 |
| 2022 | $14,656 | $836,316 | $337,743 | $498,573 |
| 2021 | $12,133 | $836,316 | $337,743 | $498,573 |
| 2020 | $11,778 | $827,741 | $334,280 | $493,461 |
| 2019 | $9,938 | $811,512 | $327,726 | $483,786 |
| 2018 | $9,778 | $795,600 | $321,300 | $474,300 |
| 2017 | $9,653 | $780,000 | $315,000 | $465,000 |
| 2016 | $2,344 | $188,818 | $80,922 | $107,896 |
| 2015 | $2,333 | $185,983 | $79,707 | $106,276 |
| 2014 | $2,290 | $182,341 | $78,146 | $104,195 |
Source: Public Records
Agents Affiliated with this Home
-
Saied Mojabi
-
G
Buyer's Agent in 2021
George Asaad
Berkshire Hathaway HomeServices California Properties
-
D
Seller's Agent in 2016
Donna Bullock
Cabins to Castles Realty
Map
Source: San Diego MLS
MLS Number: 210013164
APN: 489-180-51-00
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