NOT LISTED FOR SALE

776-78 Grossmont Ave El Cajon, CA 92020

5 Beds
3 Baths
2,113 Sq Ft
0.33 Acres

Last Sold October 08, 2019

Last sale price $600,000 $284 Per Sq Ft

40 Days on Market

Highlights

  • RV Parking in Community
  • Closed Circuit Camera
  • Property is Fully Fenced
  • Grossmont High School Rated A
  • Community Barbecue Grill
  • Level Lot

About This Home

As of October 2019

Upgraded property with room to expand on extra large 14,000+ SF lot. 2 detached homes, each with their own 2 car garage. Both units also include back yards, central heat and A/C, & washer/dryer hookups. Upgrades include new exterior stucco on both homes, flooring in unit 2, master bathroom renovation in 778, etc. Long private driveway from street with fenced yard/entrance and security cameras include plenty of room for boats or RV. Party shack in the back of 778 home offers great social opportunities.

Last Agent to Sell the Property

Joel Munoz

Joel Munoz, Broker License #01245162 Listed on: 07/25/2019

Last Buyer's Agent

Judy Bohlen

Century 21 Affiliated License #01146417

Century 21 Affiliated

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 0.33 Acre Lot
  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Wired For Data
  • Closed Circuit Camera

Schools

  • Cajon Valley Union School District Elementary School
  • Grossmont Union High School District

Utilities

  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 492-641-12-00

Community Details

Overview

  • 3 Buildings
  • 2 Units
  • El Cajon Acres Community
  • RV Parking in Community

Recreation

  • Recreational Area

Additional Features

  • Community Barbecue Grill
  • Net Operating Income $55,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Wilson
  • Neighborhood: El Cajon Acres 2
  • Miscellaneous: Dog Run
  • Stories: 1 Story
  • Sale Price List Price: 0.8
  • Total Stories: 1
  • Year Built: 1950
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Utilities

  • Cooling: Central Forced Air
  • Security: Closed Circuit TV
  • Sewer/Septic: Sewer Available
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial), Wired High Speed Internet
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Complex Name: El Cajon Acres
  • Community: EL CAJON
  • Complex Features: BBQ, Recreation Area, RV/Boat Parking

Schools

  • School District URL: http://www.guhsd.net/
  • Elementary School: Cajon Valley Union School District
  • Elementary School Website: http://www.cajonvalley.net/
  • High School: Grossmont Union High School District

Lot Info

  • Irrigation: Sprinklers
  • Lot Size: .25 to .5 AC
  • Site: Public Street
  • Topography: Level
  • Zoning: R-2 Minor
  • Assessor Parcel Number: 492-641-12-00
  • Estimated Lot Sq Ft: 14375
  • Map Code Column: E
  • Map Code Page: 1251
  • Map Code Row: 6

Rental Info

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

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 55600
  • Annual Expense Actual: 2000
  • Annual Expense Projected: 30000
  • Gross Rent Multiplier Actual: 14.32
  • Gross Sched Income Actual: 57600
  • Number Of Buildings: 3
  • Number Of Units With Cooling: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

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
10/08/2019 10/08/19 Sold $600,000 -20.0% $284 / Sq Ft
09/19/2019 09/19/19 For Sale $749,999 0.0% $355 / Sq Ft
09/04/2019 09/04/19 Pending -- -- --
08/27/2019 08/27/19 Price Changed $749,999 -5.7% $355 / Sq Ft
08/20/2019 08/20/19 Price Changed $795,000 -3.6% $376 / Sq Ft
07/25/2019 07/25/19 For Sale $825,000 -- $390 / 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: 190041197

San Diego MLS