NOT LISTED FOR SALE

512 N 1st St El Cajon, CA 92021

8 Beds
8 Baths
4,440 Sq Ft
1974 Built

Last Sold April 10, 2017

Last sale price $830,000 $187 Per Sq Ft

3 Days on Market

About This Home

As of April 2017

We are pleased to present 512 North 1st Street, a 4-unit apartment complex located in the City of El Cajon, California. Built in 1974, the subject property is situated on .22 acres and consists of one, two story wood-framed building with concrete slab foundations and flat roofs. The property is comprised of Four two-bedroom / one and one half-bath Townhouse units totaling approximately 4,400 square feet.

Last Agent to Sell the Property

Kire Nastevski

Marcus & Millichap License #01312183 Listed on: 02/11/2017

Last Buyer's Agent

Mike Yalda

Keller Williams Realty License #01429238

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Listing and Financial Details

  • Assessor Parcel Number 489-030-26-00

Community Details

Overview

  • 4 Units
  • N/K Community

Building Details

  • Net Operating Income $39,723

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: E Madison Avenue
  • Neighborhood: El Cajon
  • Stories: 2 Story
  • Sale Price List Price: 1.0
  • Total Stories: 2
  • Year Built: 1974
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Roof: Composition

Utilities

  • Cooling: Central Forced Air

Condo/Co-op/Association

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

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Assessor Parcel Number: 489-030-26-00
  • Land Use Code: R-3

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 39723
  • Annual Expense Actual: 22389
  • Gross Rent Multiplier Actual: 13.24
  • Gross Sched Income Actual: 64200
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 4
  • Number Of Units With Dishwashers: 4
  • Number Of Units With Patios: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Other Income Actual: 480

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2017 04/10/17 Sold $830,000 -2.4% $187 / Sq Ft
02/13/2017 02/13/17 Pending -- -- --
02/10/2017 02/10/17 For Sale $850,000 -- $191 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 170007098

San Diego MLS

APN: 489-030-26-00