424 Emerald Avenue

El Cajon, CA 92020

$4,142,000
Last Sold Price
5
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

424 Emerald Avenue is a 14-unit apartment complex that has been recently renovated. The 11,840 square foot structure was built in 1959 and is situated on a 16,569 square foot lot. The unit mix consists of 3 approximately 950 square foot 3Bd/1Ba units and 11 approximately 825 square foot 2Bd/1Ba units. The secure complex features gated off-street parking, tankless water heaters, and an onsite laundry room. The interiors have new laminate flooring, crown molding, baseboards, drywall, paint/texture,...424 Emerald Avenue is a 14-unit apartment complex that has been recently renovated. The 11,840 square foot structure was built in 1959 and is situated on a 16,569 square foot lot. The unit mix consists of 3 approximately 950 square foot 3Bd/1Ba units and 11 approximately 825 square foot 2Bd/1Ba units. The secure complex features gated off-street parking, tankless water heaters, and an onsite laundry room. The interiors have new laminate flooring, crown molding, baseboards, drywall, paint/texture, ceiling fans, electrical outlets/covers, A/C, window treatments, electrical subpanels, and common washers and dryers. Exterior improvements include new staircases, vinyl windows, exterior paint, and landscaping. The kitchens and baths have new plywood cabinets, quartz countertops, sinks, toilets, doors and hardware. The bedrooms have new doors/hardware, mirrored closet doors, and balconies. There is an assumable Luther Burbank loan on the property.
  1. Listed by Benn Vogelsang • DRE #01883437 • South Coast Commercial, Inc.

Property Details for 424 Emerald Avenue

City Postal ID
EL CAJON (92020)

Location

Listing Courtesy of South Coast Commercial, Inc., Benn Vogelsang, DRE #01883437

Sold By South Coast Commercial, Inc., Benn Vogelsang, DRE #01883437

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LISTING UPDATED: 10/11/2021 08:58 PM

Property Details for 424 Emerald Avenue

StatusSold
MLS #210017481
Days on Market61
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial-Res Income
Year Built-
Lot Size0.38 AC / 16,569 SF
CountySan Diego County

Location

Listing Courtesy of South Coast Commercial, Inc., Benn Vogelsang, DRE #01883437

Sold By South Coast Commercial, Inc., Benn Vogelsang, DRE #01883437

Add your commute

Building Information for 424 Emerald Avenue

Stories-Residences-Year Built-Building Size-Lot Size0.38 AC / 16,569 SF

Payment Calculator

$28,023 per month

30 year fixed, 7.25% Interest

Principal and Interest

$22,605

Property Taxes

$5,418

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 424 Emerald Avenue

Summary Information
Property and Location
  • System ID: 210017481
  • Class: COMMERCIAL-RES INCOME
  • Street Number Numeric: 424
  • Street Name: Emerald Avenue
  • Market Area: East County
Property Information
Property and Assessments
  • Entry Only: No
  • Assessors Parcel Num: 487-541-21-00
Multi Family Information
Unit 1
  • Unit Rent: 2015
  • Unit Rent Total: $6,045
  • Unit 1 Number of Bedrooms: 3
  • Unit 1 Number of Bathrooms: 1
Unit 2
  • Unit Rent: 1619
  • Unit Rent Total: $17,809
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Number of Bathrooms: 1
Building Details
  • Age: 1958
  • Have: Units
  • Motive/Want: Sell
  • SqFt of Improvement: 11,840

Property History for 424 Emerald 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 424 Emerald Avenue

Taxable ValueLand$2,550,000Additions$1,674,840Total$4,224,840
Tax Record2023$65,016 ($5,418 / month)
Home Facts
Total Finished SqFt11,840 SqFtAbove Grade Finished SqFt11,840 SqFtLot Size16,569 SqFtStyleMulti-Family Res (5+ Units)Year Built1959ZoningR-3:RESTRICTECountySAN DIEGOAPN487-541-21-00

Schools near 424 Emerald 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

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Similar Sold Homes

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Listing Courtesy of South Coast Commercial, Inc., Benn Vogelsang, DRE #01883437

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