NOT LISTED FOR SALE

762 Grossmont Ave El Cajon, CA 92020

9 Beds
3 Baths
3,429 Sq Ft
9,853 Sq Ft Lot

Last Sold December 29, 2020

Last sale price $840,000 $245 Per Sq Ft

10 Days on Market

Highlights

  • Gated Parking
  • Fireplace
  • Level Lot
  • Grossmont High School Rated A
  • Gated Home
  • Heating System Uses Natural Gas

About This Home

As of December 2020

$874,995 TO $894,995 .GREAT POSITIVE CASH FLOW ON THIS UNIQUE REMODELED 3 UNIT PROPERTY CENTRALLY LOCATED LESS THAN 1 MILE TO FREEWAY! 2 UNITS ARE EACH 4 BEDROOM, 1 BATH AND 3RD UNIT HAS 1 BEDROOM 1 BATH ON LARGE ¼ ACRE LOT WITH ALLEY ACCESS, GIANT RV PARKING AREA AS WELL AS A TOTAL OF 4 CAR GARAGES! ALL UNITS HAVE REMODELED KITCHENS, QUARTZ COUNTERS, DUAL PANE WINDOWS, VINYL PLANK FLOORS, PRIVATE YARDS AND SEPARATE ELECTRIC METERS. BOTH 4 BEDROOM UNITS HAVE LAUNDRY ROOMS AND FIREPLACES. DON'T MISS OUT

Last Agent to Sell the Property

Justin Roberts

Cal State Realty Services License #01294574 Listed on: 09/17/2020

Cal State Realty Services

Last Buyer's Agent

Sandy Mekho

Coldwell Banker West License #01998424

Coldwell Banker West

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 9,853 Sq Ft Lot
  • Gated Home
  • Property is Fully Fenced
  • Level Lot
  • Sprinklers on Timer

Parking

  • Gated Parking

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Fireplace

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for trash, electricity
  • Assessor Parcel Number 492-641-11-00

Community Details

Overview

  • 2 Buildings
  • 3 Units

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $66,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: WASHINGTON
  • Neighborhood: EL CAJON
  • Stories: 1 Story
  • Sale Price List Price: 0.94
  • Total Stories: 1
  • Year Built: 1972
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full, Gate
  • Roof: Composition

Garage/Parking

  • Parking for RV: Gated

Utilities

  • Cooling: Wall/Window
  • Sewer/Septic: Sewer Available, Sewer Connected
  • Water: Available, Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Fireplace, Forced Air Unit

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: EL CAJON

Lot Info

  • Irrigation: Automatic, Sprinklers
  • Lot Size: .25 to .5 AC
  • Topography: Level
  • Zoning: R-2:MINOR
  • Assessor Parcel Number: 492-641-11-00
  • Estimated Lot Sq Ft: 9853
  • Estimated Number of Acres: 0.23
  • Map Code Column: E
  • Map Code Page: 1251
  • Map Code Row: 6

Rental Info

  • Tenant Pays: Trash, Electricity

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 66000
  • Annual Expense Actual: 2400
  • Gross Rent Multiplier Actual: 12.3
  • Gross Sched Income Actual: 68400
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 2
  • Number Of Units With Fireplaces: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3

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
12/29/2020 12/29/20 Sold $840,000 -6.1% $245 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
09/17/2020 09/17/20 For Sale $894,995 +55.7% $261 / Sq Ft
12/04/2018 12/04/18 Sold $575,000 0.0% $264 / Sq Ft
11/03/2018 11/03/18 Pending -- -- --
10/31/2018 10/31/18 For Sale $575,000 -- $264 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Justin Roberts

    Seller's Agent in 2020

    Justin Roberts

    Cal State Realty Services

    (619) 851-1677

    179 Total Sales

    Justin Roberts
    Section Image
  • Sandy Mekho

    Buyer's Agent in 2020

    Sandy Mekho

    Coldwell Banker West

    (408) 201-2600

    22 Total Sales

    Sandy Mekho
    Section Image
  • Ever Eternity

    Seller's Agent in 2018

    Ever Eternity

    Pacific Sotheby's Int'l Realty

    (858) 926-3060

    293 Total Sales

    Ever Eternity
    Section Image
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Map

Source: San Diego MLS

MLS Number: 200045469

San Diego MLS

APN: 492-641-11-00

California San Diego County El Cajon 92020

762 Grossmont Ave, El Cajon, CA

This home is located at 762 Grossmont Ave, El Cajon, CA 92020 since 17 September 2020. This property was built in 1972. 762 Grossmont Ave is a home located in San Diego County with nearby schools including Chase Avenue Elementary School, Bostonia Global High School, and Grossmont High School.

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