$1,295,000
PENDING

975-89 S Lincoln Ave El Cajon, CA 92020

Estimated payment $8,447/month

Total Views 8,398
5 Beds
4 Baths
2,475 Sq Ft
$523 Price per Sq Ft

Highlights

  • RV Access or Parking
  • Automatic Gate
  • Zoned Heating and Cooling
  • Valhalla High Rated A
  • Mountain View
  • Gated Home

About This Home

Beautifully remodeled and updated (2) detached homes on (1) lot. Perfect for a large family, investor, or rent the second home to offset the mortgage. Located on a flag lot with a long-gated driveway, the primary home offers 3 bedrooms, 2 baths, and a 2-car garage. Very large driveway for parking, and ample RV, toy, or boat parking. Extensively updated interior & exterior. Additional mini splits in each room, perfect for entertaining with an oversized living room, kitchen, and dining area. The home also offers an above ground pool, fruit trees, plenty of storage, and owned solar. You can access the 2nd house through walking gates from the main house or utilize the driveway on the back of the property. The second home offers 2 bedrooms, 2 baths, and two yards with the possibility of an additional ADU, garage, or RV parking. This is a perfect property for a large family or anyone looking for more space. Truly a beautiful home that shows great. Beautifully remodeled and updated (2) detached homes on (1) lot. Perfect for a large family, investor, or rent the second home to offset the mortgage. Located on a flag lot with a long-gated driveway, the primary home offers 3 bedrooms, 2 baths, and a 2-car garage. Very large driveway for parking, and ample RV, toy, or boat parking. Extensively updated interior & exterior. Additional mini splits in each room, perfect for entertaining with an oversized living room, kitchen, and dining area. The home also offers an above ground pool, fruit trees, plenty of storage, and owned solar. You can access the 2nd house through walking gates from the main house or utilize the driveway on the back of the property. The second home offers 2 bedrooms, 2 baths, and two yards with the possibility of an additional ADU, garage, or RV parking. This is a perfect property for a large family or anyone looking for more space. Truly a beautiful home that shows great.

Listing Agent

Brandon Long

Regional Realty & Investments Inc. License #01382111 Listed on: 01/19/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 0.33 Acre Lot
  • Gated Home
  • Cross Fenced
  • Property is Fully Fenced
  • Level Lot
  • Flag Lot

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Mountain Views

Parking

  • Automatic Gate
  • RV Access or Parking

Utilities

  • Zoned Heating and Cooling
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 493-224-12-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $66,000

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: E Chase Ave
  • Neighborhood: El Cajon
  • Supplement: Beautifully remodeled and updated (2) detached homes on (1) lot. Perfect for a large family, investor, or rent the second home to offset the mortgage. Located on a flag lot with a long-gated driveway, the primary home offers 3 bedrooms, 2 baths, and a 2-car garage. Very large driveway for parking, and ample RV, toy, or boat parking. Extensively updated interior & exterior. Additional mini splits in each room, perfect for entertaining with an oversized living room, kitchen, and dining area. The home also offers an above ground pool, fruit trees, plenty of storage, and owned solar. You can access the 2nd house through walking gates from the main house or utilize the driveway on the back of the property. The second home offers 2 bedrooms, 2 baths, and two yards with the possibility of an additional ADU, garage, or RV parking. This is a perfect property for a large family or anyone looking for more space. Truly a beautiful home that shows great.
  • LP / Sq Ft: 19.62
  • Miscellaneous: Dog Run, Outbuilding
  • Stories: 1 Story
  • 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: 10
  • Prkng Non Garage Spac U2: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Cross Fencing, Full, Gate
  • Pool: Above Ground
  • Roof: Composition
  • View: Mountains/Hills

Garage/Parking

  • Parking for RV: Gated, On-Site Parking

Utilities

  • Cooling: Zoned Area(s)
  • Security: Automatic Gate
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Electric, Gas
  • Heat Equipment: Zoned Areas

Condo/Co-op/Association

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

Lot Info

  • Lot Size: .25 to .5 AC
  • Site: Flag Lot
  • Topography: Level
  • Additional Property Use: ORMKS
  • Assessor Parcel Number: 493-224-12-00
  • Estimated Lot Sq Ft: 14530

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 66000
  • Annual Expense Actual: 1
  • Gross Rent Multiplier Actual: 19.6
  • Gross Sched Income Actual: 66000
  • Gross Sched Income Projected: 66000
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 1
  • Other Income Actual: 1

Map

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
02/06/2024 02/06/24 Pending -- -- --
02/06/2024 02/06/24 Pending -- -- --
01/29/2024 01/29/24 For Sale $1,295,000 0.0% $523 / Sq Ft
01/19/2024 01/19/24 For Sale $1,295,000 -- $523 / Sq Ft
Source: San Diego MLS

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Source: San Diego MLS

MLS Number: 240001516

San Diego MLS