NOT LISTED FOR SALE

611 Lemon Ave El Cajon, CA 92020

4 Beds
3 Baths
-- Sq Ft
2012 Built

Last Sold March 24, 2021

Last sale price $640,000

22 Days on Market

Highlights

  • Gated Community
  • Property is Fully Fenced
  • 1-Story Property
  • Grossmont High School Rated A
  • Level Lot

About This Home

As of March 2021

Investment opportunity: two separate homes, extensive upgrades done in 2017, ideal unit mix consisting of one good size three bedroom, two bath house with W/D hook-ups, separate yard, two car driveway and a small one bedroom, one bath cottage with its own fenced yard, two car driveway and outside W/D. 7,281 s.f. lot. Quick jump on the freeway. Walking Score of 68 and good transit score of 59. See Supplemental Remarks for upgrades. Tenants are month to month and want to stay. Front unit is Section 8. Upgrades since 2017: • Both Kitchens redone • All bathrooms redone • New roof on front (617) unit • New fencing (wood and iron) around property • New closet doors • New French door in 617 More recently new flooring laid in the rear unit (611)

Last Agent to Sell the Property

Jim Greer

JP Equity Real Estate Corp. License #01240616 Listed on: 01/20/2021

Co-Listed By

Judy Preston

JP Equity Real Estate Corp. License #02205944

Last Buyer's Agent

Johnny Perez

Compass License #01328614

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2012

Lot Details

  • 7,281 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property

Schools

  • Grossmont Union High School District

Listing and Financial Details

  • Tenant pays for cable TV, electricity, hot water
  • Assessor Parcel Number 487-512-26-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Pet Policy

  • Pets Allowed

Additional Features

  • Net Operating Income $18,599
  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: El Cajon Blvd
  • Neighborhood: El Cajon
  • Supplement: Upgrades since 2017: • Both Kitchens redone • All bathrooms redone • New roof on front (617) unit • New fencing (wood and iron) around property • New closet doors • New French door in 617 More recently new flooring laid in the rear unit (611)
  • LP / Sq Ft: 28.3
  • Stories: 1 Story
  • Sale Price List Price: 1.0
  • Total Stories: 1
  • Year Built: 2012
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U2: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Fencing: Full
  • Roof: Composition

Utilities

  • Security: Gated Community
  • Sewer/Septic: Sewer Connected

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: EL CAJON
  • Manager Name: Call Listing Agent
  • Manager Phone: 619-985-1628

Schools

  • School District URL: http://www.guhsd.net/
  • High School: Grossmont Union High School District

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Level
  • Water District: HELIX WATER DISTRICT
  • Assessor Parcel Number: 487-512-26-00
  • Estimated Lot Sq Ft: 7281
  • Water District URL: http://www.hwd.com

Rental Info

  • Tenant Pays: Cable TV, Electricity, Hot Water

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 18599
  • Annual Expense Actual: 20611
  • Annual Expense Projected: 15558
  • Gross Rent Multiplier Projected: 16.12
  • Gross Sched Income Actual: 39210
  • Gross Sched Income Projected: 38160
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Range of Values:

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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
03/24/2021 03/24/21 Sold $640,000 0.0% --
02/12/2021 02/12/21 Pending -- -- --
02/09/2021 02/09/21 Price Changed $640,000 0.0% --
02/09/2021 02/09/21 For Sale $640,000 +4.1% --
02/09/2021 02/09/21 For Sale $615,000 0.0% --
01/27/2021 01/27/21 Pending -- -- --
01/25/2021 01/25/21 Pending -- -- --
01/20/2021 01/20/21 For Sale $615,000 -- --
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: 210001567

San Diego MLS