NOT LISTED FOR SALE

566 Chambers St El Cajon, CA 92020

El Cajon Area
8 Beds
7 Baths
3,935 Sq Ft
7,981 Sq Ft Lot

Sale Details

Date Sold: May 23, 2023

Last sale price $1,265,000 $321 Per Sq Ft

11 Days on Market

Highlights

  • In Ground Pool
  • Laundry Facilities
  • No Heating
  • Grossmont High School Rated A-

About This Home

As of May 2023

Highly desirable Bradley Park West complex features 2 Community Pools, Playground, Rec Room, BBQ. Bradley Park West consists of 46 individually owned 4 Plex's. Large Units(2- 2bedrooms/2 bathrooms, 1- 1 bedroom/1 bathroom, 1- 3 bedrooms/2 bathrooms and 2 with Fireplaces. Unit has 2 Carports and 2 garages. Laundry onsite. Convenient location near Freeway, Shops, Bus & Trolley. Please do not disturb tenants.

Last Agent to Sell the Property

Jessica Kennedy

SD Realty & Management Inc. License #01797989 Listed on: 04/07/2023

Last Buyer's Agent

Eddy Wibowo

Eddy Wibowo License #01265910

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 7,981 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 3,935 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Outdoor Features

  • In Ground Pool
  • Exterior Lighting
  • Rain Gutters

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot /6,A
  • Tax Tract Number 5281
  • Assessor Parcel Number 4823510600

Community Details

Overview

  • Property has a Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Building Details

  • 4 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,400
  • Insurance Expense $3,500
  • Water Sewer Expense $5,400
  • Operating Expense $22,000
  • Gross Income $80,000
  • Net Operating Income $42,330

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

7,981 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 5.00
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 5400.00
  • Zoning: R-3; RESTRICTED MULTIPLE
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 4823510600
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 321.47

Exterior Features

  • Fence: No
  • Pool Features: Community, In Ground
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7981.00
  • Lot Size Acres: 0.1832

Multi Family

  • Electric Expense: 2400.00
  • Gross Income: 80000.00
  • Gross Scheduled Income: 80000.00
  • Insurance Expense: 3500.00
  • Lot Size Area: 7981.0000 Square Feet
  • Net Operating Income: 42330.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 22000.00
  • Rent Control: Yes
  • Total Expenses: 22000.00

Tax Info

  • Tax Lot: /6,A
  • Tax Tract Number: 005281

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

Listed on
Apr 7, 2023
Closed on
May 15, 2023
Sold by
Bought by
Seller's Agent
Jessica Kennedy
SD Realty & Management Inc.
Buyer's Agent
Eddy Wibowo
Eddy Wibowo
List Price
$1,250,000
Sold Price
$1,265,000
Premium/Discount to List
$15,000
1.2%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$822,250
Outstanding Balance
$790,674
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2005
Sold by
Bought by

Purchase Details

Closed on
Oct 25, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,350
Interest Rate
4.79%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 6, 2003
Sold by
Bought by

Purchase Details

Closed on
Oct 25, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.06%
Mortgage Type
Commercial
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
$1,265,000 First American Title Insurance
-- --
$730,000 Old Republic Title Company
-- --
-- Fidelity National Title
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
Open $822,250
Previous Owner $580,000
Previous Owner $504,350
Previous Owner $200,000
Previous Owner $145,400
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
05/23/2023 05/23/23 Sold $1,265,000 +1.2% $321 / Sq Ft
04/18/2023 04/18/23 Pending -- -- --
04/07/2023 04/07/23 For Sale $1,250,000 -- $318 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $17,812 $1,342,427 $636,724 $705,703
2025 $17,375 $1,316,106 $624,240 $691,866
2024 $17,375 $1,290,300 $612,000 $678,300
2023 $13,730 $977,974 $502,384 $475,590
2022 $13,322 $958,799 $492,534 $466,265
2021 $13,442 $940,000 $482,877 $457,123
2020 $12,514 $930,362 $477,926 $452,436
2019 $11,160 $912,120 $468,555 $443,565
2018 $10,075 $820,000 $236,000 $584,000
2017 $9,714 $785,000 $226,000 $559,000
2016 $8,731 $720,000 $208,000 $512,000
2015 $8,029 $655,000 $190,000 $465,000
2014 $7,725 $630,000 $183,000 $447,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2301592

California Regional Multiple Listing Service (CRMLS)
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