NOT LISTED FOR SALE

735 S Orange Ave El Cajon, CA 92020

El Cajon Area
3 Beds
2 Baths
5,776 Sq Ft
-- Built

Sale Details

Date 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

LPT Realty
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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 Sq Ft Lot

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
  • SDMLS_NumofADUUnits: 4.0
  • 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

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

Closed on
Sep 26, 2024
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
$1,520,000
Outstanding Balance
$1,488,947
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2023
Closed on
Aug 9, 2023
Sold by
Bought by
Seller's Agent
Benn Vogelsang
NorthMarq Multifamily
Buyer's Agent
Branden Yousif
LPT Realty
List Price
$1,950,000
Sold Price
$1,950,000

Purchase Details

Listed on
Jul 1, 2023
Closed on
Aug 8, 2023
Sold by
Bought by
Seller's Agent
Benn Vogelsang
NorthMarq Multifamily
Buyer's Agent
Branden Yousif
LPT Realty
List Price
$1,950,000
Sold Price
$1,950,000

Purchase Details

Closed on
Jun 1, 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
$480,000
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 24, 2001
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
$320,000
Interest Rate
6.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 5, 2001
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
$320,000
Interest Rate
6.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 31, 2001
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
$320,000
Interest Rate
6.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 2000
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
$36,800
Interest Rate
8.26%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 14, 2000
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
$36,800
Interest Rate
8.26%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 14, 1994
Sold by
Bought by

Purchase Details

Closed on
Nov 30, 1988
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
-- Fidelity National Title
$1,950,000 Fidelity National Title
-- Fidelity National Title
-- Fidelity National Title Co
-- Commonwealth Land Title Co
-- --
$457,000 Commonwealth Land Title Co
-- --
-- First American Title Co
$275,500 Orange Coast Title
$339,000 --
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 $1,520,000
Previous Owner $695,000
Previous Owner $600,000
Previous Owner $507,500
Previous Owner $480,000
Previous Owner $320,000
Previous Owner $36,800
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
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

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 $28,317 $2,028,780 $1,248,480 $780,300
2025 $28,317 $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

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