1102 North 1st Street

El Cajon, CA 92021

$800,000
Last Sold Price
4
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Two detached units on huge half acre corner lot in prime location. Enjoy mountain views from the beautiful expansive redwood deck. Separate laundry areas and 2 full baths in each unit. Keep as is or build additional ADUs for additional income. This large lot has unlimited potential for the savvy investor. Tenant occupied.Two detached units on huge half acre corner lot in prime location. Enjoy mountain views from the beautiful expansive redwood deck. Separate laundry areas and 2 full baths in each unit. Keep as is or build additional ADUs for additional income. This large lot has unlimited potential for the savvy investor. Tenant occupied.
  1. Listed by Cole Borgerding • DRE #01191372 • Brokerage DRE #01191372 • First Source Realty

Property Details for 1102 North 1st Street

Zoning
R-2:MINOR
Cross Streets
sumner
Source Living Area
Owner
Area
El Cajon (ELC)
Lot Size Area
21977
Home owner Dues
$0
HOA Fee Frequency 1
Monthly
HOA Fee 2
$0

Location

Add your commute
LISTING UPDATED: 08/19/2022 02:38 PM

Property Details for 1102 North 1st Street

StatusSold
MLS #220012322SD
Days on Market12
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1958
Lot Size0.50 AC / 21,977 SF
CountySan Diego County

Location

Add your commute

Building Information for 1102 North 1st Street

Stories1Residences-Year Built1958Building Size-Lot Size0.50 AC / 21,977 SF

Payment Calculator

$4,366 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,366

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1102 North 1st Street

Community / Development
Community / Development
  • Complex Name: Bostonia
  • Number Of Units: 2
  • Pets Allowed: Yes
  • Builders Tract Name: Rancho El Cajon
  • Earth Quake Insurance: 0
Structure Info
Structure Info
  • Number Of Stories: 1
  • View: Yes
  • View Description: Mountains
  • Security Features: None
  • Water: Meter on Property
  • Sewer: Sewer Connected
  • Water Heater Features: Gas
Contract Info
Contract Info
  • Financing: FHA
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $26,900.00
  • Gross Scheduled Income: $33,600
  • Cap Rate: 3.26%
  • Gross Rent Multiplier: $24.55
  • Other Income1: $.00
  • Total Annual Expense: 6700
Land / Lot Info
Land / Lot Info
  • Horse: No
  • Land Included: No
  • Lot Acreage: 0.51
Interior Features
Interior Features
  • Levels: One
  • Cooling Type: Wall/Window
Exterior Features
Exterior Features
  • Pool: No
  • Spa: Yes
  • Roof: Composition, Rolled/Hot Mop
  • Fence: Partial
Lease Terms
Lease Terms
  • Listing Terms: Cal Vet Loan, Cash, Conventional, FHA, VA
  • Tenant Pays: Cable TV, Electricity, Gas/Propane
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Rent: $1,400.00
  • Unit Actual Rent: $1,400.00
  • Unit Projected Rent: $2,300.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Rent: $1,400.00
  • Unit Actual Rent: $1,400.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1

Property History for 1102 North 1st Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1102 North 1st Street

This home is within Cajon Valley Union School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Magnolia Elementary School
PublicK to 5

Greenfield Middle School
Public6 to 8

El Cajon Valley High School
Public9 to 12

Chaparral High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of First Source Realty, Cole Borgerding, DRE #01191372

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