247 Millar Avenue

El Cajon, CA 92020

$1,090,000
Price
6
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Spacious 3 units with a lot of potential rent upside. Front detached 2/1 home is almost 900 sf which offers an opportunity for owner occupant while the back duplex can produce rents to help with monthly obligations. 2 units in the back are identical and each unit is 2/1 and 900Sf. All 3 units come with laundry hookups. All tenants are long term and month to month.Spacious 3 units with a lot of potential rent upside. Front detached 2/1 home is almost 900 sf which offers an opportunity for owner occupant while the back duplex can produce rents to help with monthly obligations. 2 units in the back are identical and each unit is 2/1 and 900Sf. All 3 units come with laundry hookups. All tenants are long term and month to month.
  1. Listed by Denny Tran • DRE #01320686 • Brokerage DRE #01320686 • DT America Realty

Property Details for 247 Millar Avenue

Zoning
R-3:RESTRI
Cross Streets
Main and Millar
Source Living Area
Assessor
Area
El Cajon (ELC)
Lot Size Area
7909
Home owner Dues
$0
HOA Fee Frequency 1
Monthly
HOA Fee 2
$0

Location

Listing Courtesy of DT America Realty, Denny Tran, DRE #01320686
Add your commute
LISTING UPDATED: 03/08/2024 09:43 AM

Property Details for 247 Millar Avenue

StatusActive
MLS #240000317SD
Days on Market114
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1960
Lot Size0.18 AC / 7,909 SF
CountySan Diego County

Location

Listing Courtesy of DT America Realty, Denny Tran, DRE #01320686
Add your commute

Building Information for 247 Millar Avenue

Stories1Residences-Year Built1960Building Size-Lot Size0.18 AC / 7,909 SF

Payment Calculator

$5,949 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,949

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 247 Millar Avenue

Community / Development
Community / Development
  • Complex Name: El Cajon
  • Number Of Units: 3
  • Builders Tract Name: El Cajon
  • Earth Quake Insurance: 0
Structure Info
Structure Info
  • Number Of Stories: 1
  • View: No
  • Security Features: None
Contract Info
Contract Info
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $35,158.00
  • Gross Scheduled Income: $4,750
  • Cap Rate: 3.20%
  • Gross Rent Multiplier: $5.20
  • Other Income1: $.00
  • Total Annual Expense: 21842
Land / Lot Info
Land / Lot Info
  • Horse: No
  • Land Included: No
  • Lot Acreage: 0.18
Interior Features
Interior Features
  • Levels: One
  • Cooling Type: Wall/Window
Exterior Features
Exterior Features
  • Pool: No
  • Spa: No
  • Roof: Composition
  • Fence: Partial
Lease Terms
Lease Terms
  • Listing Terms: Cash, Conventional, FHA
  • Tenant Pays: None
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Rent: $1,700.00
  • Unit Actual Rent: $1,700.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Rent: $1,550.00
  • Unit Actual Rent: $1,550.00
  • Unit Projected Rent: $2,300.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Rent: $1,500.00
  • Unit Actual Rent: $1,500.00
  • Unit Projected Rent: $2,300.00
  • Like Units: 1

Property History for 247 Millar Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 247 Millar 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
Johnson Elementary School
PublicK to 5

Cajon Valley Middle School
Public6 to 8

Grossmont 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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

247 Millar Avenue is a multi-family home for sale in El Cajon, CA 92020. This property was listed for sale on January 3, 2024 by DT America Realty, it's currently listed at $1,090,000. This listing's school districts are Cajon Valley Union School District, Grossmont Union High School District. Nearby schools include Johnson Elementary School, Cajon Valley Middle School and Grossmont High School. 247 Millar Avenue is a 6-bed, 3-bath, multi-family home built in 1960.

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 DT America Realty, Denny Tran, DRE #01320686

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by SDMLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 SDMLS®, Inc.