NOT LISTED FOR SALE

792 Grossmont Ave Unit 94 El Cajon, CA 92020

7 Beds
4 Baths
3,000 Sq Ft
0.32 Acres

Last Sold October 24, 2014

Last sale price $525,000 $175 Per Sq Ft

6 Days on Market

Highlights

  • RV Access or Parking
  • Satellite Dish
  • Level Lot
  • Grossmont High School Rated A
  • Property is Fully Fenced
  • Gravity Heating System

About This Home

As of October 2014

Long term owner has priced to sell this triplex is great location. Large 3 bedroom 1 1/2 bath front house with bay window and fireplace, garage currently converted to BR, but easy to convert back (still 3 BR). Two-2 bedroom 1 BA units in back, 1 with a garage. All units have private yards and back units can park 5-6 cars each behind their gates with easy alley access. One 2 bedroom unit is newer inside and the front house and other back unit need some updating. Long term tenants reflect very low rents. Solid units on great lot with strong rental upside. All units separately metered for SDG&E and water. Owner only pays trash, insurance and taxes. Area is continuing to clean up, lots of remodeling and close to shopping and public transportation. Buyer to verify all information for accuracy prior to close of escrow.

Last Agent to Sell the Property

Jeff Solomon

Major League Properties License #00836105 Listed on: 05/14/2014

Last Buyer's Agent

Joseph Siemienowski

Siemienowski & Associates License #00831832

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 0.32 Acre Lot
  • Property is Fully Fenced
  • Level Lot

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Parking

  • Alley Access
  • RV Access or Parking

Utilities

  • Heating System Uses Natural Gas
  • Gravity Heating System
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for water, cable TV, electricity, gas/propane
  • Assessor Parcel Number 492-641-16-00

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Triplex Community

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $25,692

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

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
  • Supplement: Solid units on great lot with strong rental upside. All units separately metered for SDG&E and water. Owner only pays trash, insurance and taxes. Area is continuing to clean up, lots of remodeling and close to shopping and public transportation. Buyer to verify all information for accuracy prior to close of escrow.
  • LP / Sq Ft: 14.13
  • Stories: 1 Story
  • Sale Price List Price: 1.0
  • Total Stories: 1
  • Year Built: 1956
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U2: 6
  • Prkng Non Garage Spac U3: 6
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Garage/Parking

  • Parking for RV: On-Site Parking, Potential Space

Utilities

  • Sewer/Septic: Sewer Connected
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial), Satellite Dish
  • Heat Equipment: Combination Heating, Forced Air Unit, Wall/Gravity

Condo/Co-op/Association

  • Complex Name: Triplex
  • Pets Allowed: Yes
  • Community: EL CAJON

Lot Info

  • Lot Size: .25 to .5 AC
  • Site: Alley Access, Public Street, Rear Yd Str Access, Sidewalks, Street Paved
  • Topography: Level
  • Assessor Parcel Number: 492-641-16-00
  • Land Use Code: Res
  • Estimated Lot Sq Ft: 13791
  • Map Code Column: E
  • Map Code Page: 1251
  • Map Code Row: 7

Rental Info

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

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 25692
  • Annual Expense Actual: 5988
  • Annual Expense Projected: 10840
  • Gross Rent Multiplier Actual: 16.57
  • Gross Rent Multiplier Projected: 10.93
  • Gross Sched Income Actual: 31680
  • Gross Sched Income Projected: 48000
  • Number Of Buildings: 2
  • Number Of Units With Dryers: 3
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 3

Tax Info

  • Assessor Parcel Number: 792-794Grossmont92020

Range of Values:

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List Price
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
10/24/2014 10/24/14 Sold $525,000 0.0% $175 / Sq Ft
05/20/2014 05/20/14 Pending -- -- --
05/14/2014 05/14/14 For Sale $525,000 -- $175 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jeff Solomon

    Seller's Agent in 2014

    Jeff Solomon

    Major League Properties

    (619) 813-6488

    19 Total Sales

    Jeff Solomon
    Section Image
  • Joseph Siemienowski

    Buyer's Agent in 2014

    Joseph Siemienowski

    Siemienowski & Associates

    (858) 205-1031

    33 Total Sales

    Joseph Siemienowski
    Section Image
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Map

Source: San Diego MLS

MLS Number: 140025865

San Diego MLS

APN: 492-641-16-00

California San Diego County El Cajon 92020

792 Grossmont Ave Unit 94, El Cajon, CA

This home is located at 792 Grossmont Ave Unit 94, El Cajon, CA 92020 since 14 May 2014. This property was built in 1956. 792 Grossmont Ave Unit 94 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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