1177-79 East Washington Avenue

El Cajon, CA 92019

$710,000
Last Sold Price
3
Beds
2
Baths
2,100 Sq. Ft.
$338 / Sq. Ft.
2,100
Sq. Ft.
$338
per Sq. Ft.

Description

Large property w/room to grow. Potential to add a third unit to this large lot. Live in one home and let your tenants pay much of your mortgage. This property sits back off Washington Ave in El Cajon on private easement road since 40’s. First Property: Apx 1,500 SF House w/2 bedrooms; one bath; Large livening room and Kitchen; Central A/C and Heat. Bonus Room; Concrete Patio W/Cover to match house; Unfinished Cellar. This house has room and property to expand: New roof with new facia and eves 2018,...Large property w/room to grow. Potential to add a third unit to this large lot. Live in one home and let your tenants pay much of your mortgage. This property sits back off Washington Ave in El Cajon on private easement road since 40’s. First Property: Apx 1,500 SF House w/2 bedrooms; one bath; Large livening room and Kitchen; Central A/C and Heat. Bonus Room; Concrete Patio W/Cover to match house; Unfinished Cellar. This house has room and property to expand: New roof with new facia and eves 2018, new stucco, rain gutters with leaf protectors, New Windows on most of house, with a lot more upgrades Electrical and Gas, New Fencing, Septic Etc… (Great Property for lots of family fun and kids to play in safe environment) #2. Second Unit: 600 +/- Sq. Ft. Apartment sitting over 3 car garages with one bedroom; one bath, Living Room, Kitchen. Ready to rent ASAP!
  1. Listed by Mark Scott • DRE #01197311 • Brokerage DRE #01481919 • Coldwell Banker West

Property Details for 1177-79 East Washington Avenue

View
None
Parking Spaces Total
3
Private Pool
No
Cooling Type
Central
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2100

Location

Listing Courtesy of Coldwell Banker West, Mark Scott, DRE #01197311

Sold By Keller Williams Realty, Jim Carmichael, DRE #00675443

Add your commute
LISTING UPDATED: 01/11/2021 06:21 AM

Property Details for 1177-79 East Washington Avenue

StatusClosed
MLS #PTP2000721
Days on Market33
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential
Year Built1940
Lot Size0.63 AC / 27,442 SF
CountySan Diego County

Location

Listing Courtesy of Coldwell Banker West, Mark Scott, DRE #01197311

Sold By Keller Williams Realty, Jim Carmichael, DRE #00675443

Add your commute

Virtual Tour

Building Information for 1177-79 East Washington Avenue

Stories3Residences-Year Built1940Building Size-Lot Size0.63 AC / 27,442 SF

Payment Calculator

$3,875 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,875

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1177-79 East Washington Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $42,000
  • Gross Scheduled Income: $42,000
  • Net Operating Income: $29,400
  • Cap Rate: 3.92
  • Financing: Conventional
Expense Details
  • Operating Expense: $12,600
  • New Taxes Expense: $8,438
  • Fuel Expense: $1,200
  • Insurance Expense: $2,200
  • Maintenance Expense: $3,500
  • Professional Management Expense: $4,200
  • Trash Expense: $600
  • Water Sewer Expense: $1,200
  • Total Expenses: $23,100
Tax / Assessment Info
  • Tax Tract Number: CC0002
  • Tax Lot: 4931202600
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Suburban
  • Number Of Units In Community: 2
Property / Structure Info
Interior Features
  • Room Type: Galley Kitchen, Kitchen, Living Room, Main Floor Bedroom, See Remarks
  • Main Level Bathrooms: 1
Exterior Features
  • Other Structures: Outbuilding, Shed(s), Storage, Two On A Lot
  • View Description: None
  • Patio: Yes
  • Patio And Porch Features: Concrete, Covered, Patio
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: 0-1 Unit/Acre
  • Lot Location: Rural, Cul-De-Sac
  • Lease Considered: No
  • Number Of Units: 2
  • Available For Lease: No
  • Land Lease: Yes
  • Land Lease Type: Lease
  • Levels: Three Or More
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Carport Spaces: 0
  • Attached Garage: No
Unit Information
Unit Information
  • Number Of Units Leased: 0
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 1
  • Number With Range: 2
  • Number With Refrigerator: 1
  • Number With Disposal: 2
  • Number Wall AC: 2

Schools near 1177-79 East Washington Avenue

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
Charter - 6 to 8
Rating
School
Distance
Lexington Elementary School
PublicK to 5

Montgomery Middle School
Public6 to 8

Valhalla High School
Public9 to 12

Eje Middle Academy
Charter6 to 8

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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Listing Courtesy of Coldwell Banker West, Mark Scott, DRE #01197311

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