NOT LISTED FOR SALE

762 Grossmont Ave El Cajon, CA 92020

El Cajon Area
9 Beds
3 Baths
3,429 Sq Ft
9,853 Sq Ft Lot

Sale Details

Date Sold: December 29, 2020

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

10 Days on Market

Highlights

  • Gated Parking
  • Fireplace
  • Gated Home
  • Grossmont High School Rated A-
  • Forced Air Heating System
  • Level Lot

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
  • Forced Air Heating System
  • 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

9,853 Sq Ft Lot

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
  • Gross Rent Multiplier Actual: 12.3
  • 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

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 28, 2020
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
$630,000
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 31, 2018
Closed on
Nov 14, 2018
Sold by
Bought by
Seller's Agent
Ever Eternity
Pacific Sotheby's Int'l Realty
Buyer's Agent
Justin Roberts
Cal State Realty Services
List Price
$575,000
Sold Price
$575,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,250
Interest Rate
0.048%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 31, 2018
Closed on
Nov 5, 2018
Sold by
Bought by
Seller's Agent
Ever Eternity
Pacific Sotheby's Int'l Realty
Buyer's Agent
Justin Roberts
Cal State Realty Services
List Price
$575,000
Sold Price
$575,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,250
Interest Rate
0.048%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2005
Sold by
Bought by
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
$840,000 First American Ttl San Diego
-- First American Title Company
$575,000 First American Title Company
-- --
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
Previous Owner $630,000
Previous Owner $431,250
Previous Owner $457,500
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 Prior Sale
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 View Prior Sale
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

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
2025 $13,158 $909,241 $476,269 $432,972
2024 $13,158 $891,414 $466,931 $424,483
2023 $18,483 $873,936 $457,776 $416,160
2022 $13,101 $856,800 $448,800 $408,000
2021 $12,305 $840,000 $440,000 $400,000
2020 $8,686 $586,499 $165,876 $420,623
2019 $7,037 $575,000 $162,624 $412,376
2018 $1,357 $114,074 $32,263 $81,811
2017 $1,338 $111,838 $31,631 $80,207
2016 $1,283 $109,646 $31,011 $78,635
2015 $1,276 $108,000 $30,546 $77,454
2014 $1,251 $105,885 $29,948 $75,937
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 200045469

San Diego MLS

APN: 492-641-11-00

Your Personal Tour Guide

Ask me questions while you tour the home.