1219 Persimmon Avenue

El Cajon, CA 92021

$10,500,000
Price
2
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

We are pleased to present 1219 Persimmon Avenue, a charming 46-unit multifamily community located in El Cajon, California. Built in 1990, this well-maintained asset consists of (45) 516 SF One Bedroom / One Bath units & (1) 600 SF One Bedroom / One Bath permitted ADU. All second-floor units feature taller vaulted ceilings for a spacious open feel. The property is restricted to senior tenants (62+). There are no income-related restrictions currently in place however if someone would like to take advantage...We are pleased to present 1219 Persimmon Avenue, a charming 46-unit multifamily community located in El Cajon, California. Built in 1990, this well-maintained asset consists of (45) 516 SF One Bedroom / One Bath units & (1) 600 SF One Bedroom / One Bath permitted ADU. All second-floor units feature taller vaulted ceilings for a spacious open feel. The property is restricted to senior tenants (62+). There are no income-related restrictions currently in place however if someone would like to take advantage of tax credit incentive programs there is opportunity if leasing units to lower income tenants.
  1. Listed by Jeff Diller • DRE #01959483 • Brokerage DRE #01846358 • South Coast Commercial, Inc.
  2. Listed by Abe Peay • DRE #01935689 • Brokerage DRE #01846358 • South Coast Commercial, Inc.

Property Details for 1219 Persimmon Avenue

City Postal ID
EL CAJON (92021)

Location

Listing Courtesy of South Coast Commercial, Inc., Jeff Diller, DRE #01959483; South Coast Commercial, Inc., Abe Peay, DRE #01935689
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LISTING UPDATED: 12/26/2023 07:27 AM

Property Details for 1219 Persimmon Avenue

StatusActive
MLS #230011250
Days on Market319
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial-Res Income / Apartment
Year Built-
Lot Size0.89 AC / 38,768 SF
CountySan Diego County

Location

Listing Courtesy of South Coast Commercial, Inc., Jeff Diller, DRE #01959483; South Coast Commercial, Inc., Abe Peay, DRE #01935689
Add your commute

Building Information for 1219 Persimmon Avenue

Stories-Residences-Year Built-Building Size-Lot Size0.89 AC / 38,768 SF

Payment Calculator

$67,998 per month

30 year fixed, 7.25% Interest

Principal and Interest

$57,303

Property Taxes

$10,695

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1219 Persimmon Avenue

Summary Information
Property and Location
  • System ID: 230011250
  • Class: COMMERCIAL-RES INCOME
  • Street Number Numeric: 1219
  • Street Name: Persimmon Ave
  • Map Coordinates: 1251J3
  • Market Area: East County
Interior and Exterior Features
Exterior Features
  • Roof: Composition
Property Information
Property and Assessments
  • Entry Only: No
  • Assessors Parcel Num: 484-201-02-00
Multi Family Information
Unit 1
  • Unit Furnished: 0
  • Unit Rent: 1097
  • Unit Rent Total: $49,365
  • Unit 1 Number of Bedrooms: 1
  • Unit 1 Number of Bathrooms: 1
Unit 2
  • Unit Furnished: 0
  • Unit Rent: 1800
  • Unit Rent Total: $1,800
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Number of Bathrooms: 1
Building Details
  • Unit Type: Apartment
  • Age: 1990
  • Construction: Frame
  • Have: 46 Clean Units w/ upside
  • Motive/Want: Cash Out
  • Parking: Spaces
  • SqFt of Improvement: 23,802

Property History for 1219 Persimmon Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1219 Persimmon Avenue

Taxable ValueLand$2,703,000Additions$4,233,000Total$6,936,000
Tax Record2022$128,337 ($10,695 / month)
Home Facts
Total Finished SqFt23,202 SqFtAbove Grade Finished SqFt23,202 SqFtLot Size38,768 SqFtStyleMulti-Family Res (5+ Units)Year Built1990ZoningR-2:MINOR MULCountySAN DIEGOAPN484-201-02-00

Schools near 1219 Persimmon Avenue

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

Bostonia Elementary School
PublicK to 8

Greenfield Middle School
Public6 to 8

El Cajon Valley 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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1219 Persimmon Avenue is a multi-family home for sale in El Cajon, CA 92021. This property was listed for sale on June 13, 2023 by South Coast Commercial, Inc., it's currently listed at $10,500,000. This listing's school districts are Cajon Valley Union School District, Grossmont Union High School District. Nearby schools include W. D. Hall Elementary School, Bostonia Elementary School and Greenfield Middle School. 1219 Persimmon Avenue is a 2-bed, 2-bath, multi-family home.

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Listing Courtesy of South Coast Commercial, Inc., Jeff Diller, DRE #01959483; South Coast Commercial, Inc., Abe Peay, DRE #01935689

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