NOT LISTED FOR SALE

876 E Chase Ave El Cajon, CA 92020

-- Bed
-- Bath
5,560 Sq Ft
0.44 Acres

Last Sold October 29, 2021

Last sale price $1,925,000 $346 Per Sq Ft

130 Days on Market

Highlights

  • No Units Above
  • No HOA
  • Laundry Room
  • Valhalla High Rated A-

About This Home

As of October 2021

Great investment opportunity. One single level building with 5 units attached and 2 unit attached with private backyard and laundry hook up . They are two 2bd/1bath each, Tenants occupied. Please do not disturb the tenants.

Last Agent to Sell the Property

Mark Smith

Town & Ranch Realty License #01746341 Listed on: 03/16/2021

Last Buyer's Agent

Faris Stephan

IQ Realty & Lending License #01341039

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 0.44 Acre Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Density is 6-10 Units/Acre

Home Design

  • 5,560 Sq Ft Home
  • Property Attached

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 03001
  • Tax Tract Number 1327
  • Assessor Parcel Number 4932252000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 7 Units

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $5,000
  • Professional Management Expense $4,704
  • Trash Expense $2,100
  • Water Sewer Expense $5,600
  • New Taxes Expense $10,600
  • Operating Expense $28,004
  • Gross Income $6,600
  • Net Operating Income $66,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 3.10
  • Professional Management Expense: 4704.00
  • Property Attached: Yes
  • Water Sewer Expenses: 5600.00
  • Zoning: R-3:RESTRICTED MULTIPLE
  • Property Type: Residential Income
  • Parcel Number: 4932252000
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Price Per Square Foot: 346.22

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Trash Expense: 2100.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 19373.00
  • Lot Size Acres: 0.4447

Multi Family

  • Gross Income: 6600.00
  • Gross Scheduled Income: 113000.00
  • Insurance Expense: 5000.00
  • Lot Size Area: 19373.0000 Square Feet
  • Net Operating Income: 66000.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 7
  • Operating Expense: 46600.00
  • Rent Control: No
  • Total Expenses: 28004.00

Tax Info

  • New Taxes Expense: 10600.00
  • Tax Lot: 03001
  • Tax Tract Number: 001327

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft
10/29/2021 10/29/21 Sold $1,925,000 -8.3% $346 / Sq Ft
07/25/2021 07/25/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $2,100,000 0.0% $378 / Sq Ft
06/25/2021 06/25/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $2,100,000 +9.1% $378 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
05/19/2021 05/19/21 Off Market $1,925,000 -- --
03/17/2021 03/17/21 For Sale $2,100,000 -- $378 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mark Smith

    Seller's Agent in 2021

    Mark Smith

    Town & Ranch Realty

    (619) 654-1306

    10 Total Sales

    Mark Smith
    Section Image

  • F

    Buyer's Agent in 2021

    Faris Stephan

    IQ Realty & Lending

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2101814

California Regional Multiple Listing Service (CRMLS)
California San Diego County El Cajon 92020

876 E Chase Ave, El Cajon, CA

Not Listed for Sale

MultiFamily

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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