Seller's Agent in 2023
Jorge Jimenez
SVN Vanguard
(619) 442-9200
12 Total Sales
786 S Orange Ave El Cajon, CA 92020
El Cajon Area
2
Beds
1
Bath
5,184
Sq Ft
7,841
Sq Ft Lot
About This Home
As of February 2023786 S Orange Ave is a six unit apartment complex located in El Cajon, CA. All units are a desirable mix of two-bedroom one-bath apartment homes of approximately 775 square feet. The two-story apartment building was originally constructed in 1971. The complex offers off -street parking, on-site laundry, and fenced courtyard. Each unit is metered for Gas & Electric; the Tenants reimburse(RUBS) for water (billed by Landlord). The on-site laundry consists of one washerand one dryer; each machine is leased. Two of the six units have undergone interior renovations and have achieved rents over $2,000/mo. The remaining units are substantially below market giving an investor a true value add opportunity (20% rent increase on remaining units).
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Property Details
Home Type
- Multi-Family
Lot Details
- 7,841
Home Design
- Frame Construction
- Composition Roof
- Stucco
Interior Spaces
- 2 Bedrooms
- 5,184 Sq Ft Home
- 2-Story Property
Parking
- 8 Parking Spaces
- Parking Available
Utilities
- Cooling System Mounted To A Wall/Window
- Radiant Heating System
Additional Features
- 7,841 Sq Ft Lot
- Number of ADU Units: 6
Listing and Financial Details
- Total Actual Rent $10,490
Community Details
Overview
- 2 Buildings
- 6 Units
Building Details
- Operating Expense $46,264
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
Listed on
Oct 10, 2022
Closed on
Feb 6, 2023
Sold by
David Salinas Trust
Bought by
Seller's Agent
Jorge Jimenez
SVN Vanguard
Buyer's Agent
Melvina Selfani
Century 21 Affiliated
List Price
$1,850,000
Sold Price
$1,600,000
Premium/Discount to List
-$250,000
-13.51%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$670,933
Interest Rate
6.48%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 4, 2022
Sold by
Michael Kassab Marlene
Bought by
Kassab Valen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,625
Interest Rate
3.89%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jan 22, 2014
Sold by
Swiersz Gustav
Bought by
Kassab Valen
Purchase Details
Closed on
Feb 21, 2013
Sold by
Chasin Michael L and Coleman Stacey L
Bought by
Swiersz Gustav
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,500
Interest Rate
3.49%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Sep 16, 2010
Sold by
Estill Dennis L and Estill Ruth A
Bought by
Chasin Michael L and Coleman Stacey L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,250
Interest Rate
4.31%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 21, 2004
Sold by
Cannegieter Marvin G
Bought by
Estill Dennis L and Estill Ruth A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
5.86%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 16, 1996
Sold by
Maria Cannegieter
Bought by
Cannegieter Marvin G
Purchase Details
Closed on
Aug 15, 1995
Sold by
Bannasch William S
Bought by
Cannegieter Marvin G and Cannegieter Maria
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 |
|---|---|---|---|
| $1,600,000 | First American Title | ||
| Kassab Valen | -- | First American Title | |
| David Salinas Trust | $1,775,000 | First American Title | |
| Kassab Valen | $750,000 | Chicago Title Company | |
| Swiersz Gustav | $710,000 | Chicago Title Company | |
| Chasin Michael L | $515,000 | Chicago Title Company | |
| Estill Dennis L | $625,000 | First American Title | |
| Cannegieter Marvin G | -- | -- | |
| Cannegieter Marvin G | $220,000 | Stewart 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 |
|---|---|---|---|
| Open | $700,000 | ||
| Previous Owner | David Salinas Trust | $190,625 | |
| Previous Owner | Swiersz Gustav | $532,500 | |
| Previous Owner | Chasin Michael L | $386,250 | |
| Previous Owner | Estill Dennis L | $365,000 | |
| Previous Owner | Estill Dennis L | $375,000 |
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 |
|---|---|---|---|---|
| 02/16/2023 02/16/23 | Sold | $1,600,000 | -9.9% | $309 / Sq Ft |
| 11/30/2022 11/30/22 | Pending | -- | -- | -- |
| 11/03/2022 11/03/22 | Price Changed | $1,775,000 | -4.1% | $342 / Sq Ft |
| 10/11/2022 10/11/22 | For Sale | $1,850,000 | -- | $357 / 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 | $22,830 | $1,697,932 | $955,087 | $742,845 |
| 2025 | $22,830 | $1,664,640 | $936,360 | $728,280 |
| 2024 | $25,953 | $1,632,000 | $918,000 | $714,000 |
| 2023 | $24,937 | $1,810,500 | $918,000 | $892,500 |
| 2022 | $13,266 | $866,360 | $369,646 | $496,714 |
| 2021 | $12,533 | $849,374 | $362,399 | $486,975 |
| 2020 | $13,301 | $840,666 | $358,684 | $481,982 |
| 2019 | $10,115 | $824,183 | $351,651 | $472,532 |
| 2018 | $9,951 | $808,023 | $344,756 | $463,267 |
| 2017 | $9,825 | $792,181 | $337,997 | $454,184 |
| 2016 | $9,433 | $776,649 | $331,370 | $445,279 |
| 2015 | $9,386 | $764,984 | $326,393 | $438,591 |
| 2014 | $8,758 | $713,223 | $301,362 | $411,861 |
Source: Public Records
Agents Affiliated with this Home
-
Jorge Jimenez
-
Melvina Selfani
Buyer's Agent in 2023
Melvina Selfani
Century 21 Affiliated
(619) 593-4300
184 Total Sales
Map
Source: San Diego MLS
MLS Number: 220025677
APN: 492-160-10-00
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