NOT LISTED FOR SALE

735 S Orange Ave El Cajon, CA 92020

3 Beds
2 Baths
5,776 Sq Ft
-- Built

Last Sold August 15, 2023

Last sale price $1,950,000 $338 Per Sq Ft

16 Days on Market

About This Home

As of August 2023

The Orange Glen Apartments are an 8-unit apartment complex that consists of one structure totaling 5,776 square feet built in 1963 situated on an 8,467 square foot lot in the strong rental market of El Cajon. The unit mix consists of four 2Bed/1Bath units and four 1Bed/1Bath units. The complex features 8 off-street parking spaces and onsite laundry. There is approximately 200% upside in rents. All tenants are month to month.

Last Agent to Sell the Property

Benn Vogelsang

NorthMarq Multifamily License #01883437 Listed on: 07/01/2023

Co-Listed By

Erik Anderson

Newmark of Southern California License #01991182

Last Buyer's Agent

Branden Yousif

LPT Realty License #02124031

Property Details

Home Type

  • Multi-Family

Parking

  • 8 Parking Spaces

Home Design

Interior Spaces

  • 3 Bedrooms
  • 5,776 Sq Ft Home
  • 2-Story Property

Additional Homes

  • Number of ADU Units: 4

Listing and Financial Details

  • Total Actual Rent $8,784

Community Details

Overview

  • 8 Units

Building Details

  • 8 Leased Units
  • Operating Expense $50,295

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Property Sub Type: Com-Res Income
  • CapRate: 2.66
  • Co List Office Mls Id: 990885
  • Co List Office Mls Id: 990885
  • Living Area: 5776.0
  • FeedTypes: IDX
  • RFModificationTimestamp: 2025-03-02T06:16:27Z
  • FullAddress: 735 S Orange Avenue
  • NumofLeasedApartments: 8
  • ShortSale: No
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 3

Garage/Parking

  • Total Parking Spaces: 8.0

Multi Family

  • Number Of Buildings: 1
  • Number Of Units Total: 8
  • Annual Operating Expense: 50295.0
  • Total Actual Rent: 8784.0
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Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2023 08/15/23 Sold $1,950,000 0.0% $338 / Sq Ft
07/27/2023 07/27/23 Pending -- -- --
07/10/2023 07/10/23 For Sale $1,950,000 -- $338 / 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 $26,696 $1,989,000 $1,224,000 $765,000
2024 $26,696 $1,950,000 $1,200,000 $750,000
2023 $12,067 $648,894 $170,382 $478,512
2022 $11,583 $636,172 $167,042 $469,130
2021 $11,747 $623,699 $163,767 $459,932
2020 $10,360 $617,304 $162,088 $455,216
2019 $7,482 $605,201 $158,910 $446,291
2018 $7,361 $593,336 $155,795 $437,541
2017 $7,267 $581,703 $152,741 $428,962
2016 $6,976 $570,298 $149,747 $420,551
2015 $6,941 $561,732 $147,498 $414,234
2014 $6,809 $550,729 $144,609 $406,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230013248

San Diego MLS

APN: 492-160-38-00