$625,000
SOLD MAR 6, 2013

713 Chamberlain Ave El Cajon, CA 92020

8 Beds
8 Baths
2,808 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$223 Per Sq Ft

4% Above List Price

3 Days on Market

About This Home

As of June 2020

All 2 bedroom 1 and 1/2 baths units fully occupied. Tons of upgrades including counter tops, cabinets, appliances, tile floors, vanities, parking, & landscaping. Every unit has dishwasher, private patio or balcony, washer/dryer hook-ups, forced heating and A/C, fireplaces, & much more. There are two off street parking spaces for each unit one is a carport and the other is uncovered. Best of all property has a final condo map, providing multiple exist strategies for this cash flowing investment.

Last Agent to Sell the Property

Cody Evans

South Coast Commercial, Inc. License #01399935 Listed on: 02/04/2013

South Coast Commercial, Inc.

Last Buyer's Agent

Carl Andersen

Century 21 Affiliated License #01387741

Century 21 Affiliated

Property Details

Home Type

  • Multi-Family

Year Built

  • 1982

Home Design

  • Rolled or Hot Mop Roof
  • Tar and Gravel Roof

Additional Features

  • 2-Story Property
  • 8,712 Sq Ft Lot
  • Gas Water Heater

Community Details

  • 4 Units
  • Net Operating Income $37,676

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 487-531-19-01

Property Details

Home Type

Multi-Family

Year Built

1982

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: East County
  • Cross Street: N Johnson Ave
  • Neighborhood: El Cajon
  • LP / Sq Ft: 213.32
  • Price Per Sq Ft: 222.58
  • SP/ Sq Ft: 222.58
  • Stories: 2 Story
  • Sale Price List Price: 1.04
  • Unit Sq Ft: 2808.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1982

Exterior Features

  • Roof: Rock/Gravel, Rolled/Hot Mop

Utilities

  • Cooling: Central Forced Air
  • Sewer/Septic: Sewer Connected
  • Water Heater Type: Gas

Condo/Co-op/Association

  • Community: EL CAJON

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Assessor Parcel Number: 487-531-19-01
  • Land Use Code: 2-4
  • Estimated Lot Sq Ft: 8712

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 37676
  • Annual Expense Actual: 18057
  • Gross Rent Multiplier Actual: 10.4
  • Gross Sched Income Actual: 57456
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 4
  • Number Of Units With Dishwashers: 4
  • Number Of Units With Fireplaces: 4
  • Number Of Units With Patios: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4

Range of Values:

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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
06/03/2020 06/03/20 Sold $989,000 -0.1% $1,096 / Sq Ft
01/28/2020 01/28/20 Pending -- -- --
01/24/2020 01/24/20 For Sale $989,900 +58.4% $1,097 / Sq Ft
03/06/2013 03/06/13 Sold $625,000 +4.3% $223 / Sq Ft
02/07/2013 02/07/13 Pending -- -- --
02/04/2013 02/04/13 For Sale $599,000 -- $213 / 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: 130006009

San Diego MLS

APN: 487-531-19-01