NOT LISTED FOR SALE

876 N 3rd St El Cajon, CA 92021

8 Beds
4 Baths
3,360 Sq Ft
1977 Built

Last Sold September 17, 2021

Last sale price $1,100,000 $327 Per Sq Ft

4 Days on Market

About This Home

As of September 2021

You'll appreciate this 4 unit building consisting of 4 spacious 2br/1ba units with tile floors throughout. Each has its own wall A/C unit and there is a common coin op laundry in the rear of the building. Each unit has one assigned parking space and there are 2 additional guest parking spaces plus loads of parking on the street. Close to freeways to provide easy access but far enough away to still be quiet. Most tenants are long term and rents have been reliable.

Last Agent to Sell the Property

Don Rood

Bonanza Realty License #01044343 Listed on: 08/27/2021

Last Buyer's Agent

Gilbert Gorou

Keller Williams Realty License #01798787

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 8,370 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Composition Roof
  • Stucco Exterior

Additional Features

  • 2-Story Property
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 507-281-18-00

Community Details

Overview

  • 4 Units
  • Bostonia Acres Community

Building Details

  • Net Operating Income $11,160

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

8,370 Sq Ft Lot

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Broadway
  • Neighborhood: El Cajon
  • Stories: 2 Story
  • Sale Price List Price: 1.0
  • Total Stories: 2
  • Year Built: 1977
  • 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
  • Prkng Non Garage Spac U3: 1
  • Prkng Non Garage Spac U4: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Utilities

  • Cooling: Wall/Window

Condo/Co-op/Association

  • Complex Name: Bostonia Acres
  • Community: EL CAJON

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Topography: Level
  • Assessor Parcel Number: 507-281-18-00
  • Estimated Lot Sq Ft: 8370
  • Map Code Column: A
  • Map Code Page: 1252
  • Map Code Row: 3

Rental Info

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

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 11160
  • Gross Rent Multiplier Actual: 15.73
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 4
  • Number Of Units With Dryers: 4
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Other Income Actual: 1080
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Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2021 09/17/21 Sold $1,100,000 0.0% $327 / Sq Ft
09/02/2021 09/02/21 Price Changed $1,100,000 +4.8% $327 / Sq Ft
09/01/2021 09/01/21 Pending -- -- --
08/27/2021 08/27/21 Price Changed $1,050,000 +5.0% $313 / Sq Ft
08/27/2021 08/27/21 For Sale $1,000,050 -- $298 / Sq Ft
Source: San Diego MLS

Tax History

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 $16,617 $1,167,328 $636,724 $530,604
2024 $16,617 $1,144,440 $624,240 $520,200
2023 $15,832 $1,122,000 $612,000 $510,000
2022 $16,533 $1,100,000 $600,000 $500,000
2021 $11,771 $654,201 $148,705 $505,496
2020 $10,190 $647,494 $147,181 $500,313
2019 $7,792 $634,799 $144,296 $490,503
2018 $7,666 $622,353 $141,467 $480,886
2017 $7,568 $610,151 $138,694 $471,457
2016 $7,266 $598,188 $135,975 $462,213
2015 $7,230 $589,204 $133,933 $455,271
2014 $7,090 $577,663 $131,310 $446,353
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210024598

San Diego MLS

APN: 507-281-18-00

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