Restricted Address

El Cajon, CA 92020

$759,000
Price
5
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Property Details for Restricted Address

StatusExpired
MLS #SW19137402
Year Built1955
DOM3
Compass TypeTownhouse
MLS TypeResidential Income / Fourplex
Lot Size0.19 AC / 8,276 SF
Taxes-
Condo/Co-op Fees-
HOA Fees-
CountySan Diego County

Listing Agent

Justin Brennan

Brenson Realty, Inc.

justin.brennan@brensonco.com

M: 619.823.2120

DRE #01866398

Contact Agent(s)

Property Details for Restricted Address

Parking Spaces Total
5
Private Pool
No
Cooling Type
Wall/Window Unit(s), None

Description

Great 4 unit property located in good area of El Cajon. (1) 2bd unit (3) 1bd units. Each have private back yards. Gated complex and yard. Well kept. Upgrades done to floors, paint, kitchens and baths since 2015. All units are rented good income. Selling at over a 5.4% cap. Currently Over $61,000 in Gross income. Projected over $62,000 in GI and Approx $20,680 in projected expenses including projected new property taxes. Thats 5.15% cap. Property has good rent roll and verified expenses. Separate... water heaters, gas/elec meters. Units are always easy to rent with multiple applications.

Location

Listing Courtesy of Brenson Realty, Inc., Justin Brennan, DRE #01866398

Building Information for Restricted Address

Stories-Residences-Year Built1955Building Size-Lot Size0.19 AC / 8,276 SF

Payment Calculator

$2,730 per month

30 year fixed, 3.51% Interest

Principal and Interest

$2,730

Property Taxes

HOA Dues

$0

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Property Information for Restricted Address

Property Features
    Interior Features
  • Appliances: Gas Range, Refrigerator, Water Heater
  • Common Walls: 1 Common Wall
  • Flooring Type: Laminate, Tile
  • Heating Type: Electric
  • Interior Features: Ceiling Fan(s), Laminate Counters, Recessed Lighting
  • Laundry: No
  • Laundry Features: None
  • Levels: One
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom
    Exterior Features
  • Fence: Yes
  • Fencing: Average Condition, Wood
  • Foundation Details: Raised
  • Pool Features: None
  • Roof: Composition, Shingle
  • Window Features: Blinds, Double Pane Windows
    Parking Info
  • Parking: Yes
  • Parking Features: Assigned, Asphalt
  • Uncovered Spaces: 5
    Water Details
  • Water Source: Public
Property / Structure Info
    Property / Structure Info
  • Construction Materials: Drywall Walls
  • New Construction: No
  • Parcel Number: 4872920600
  • Property Attached: Yes
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Year Built: 1955
  • Year Built Source: Appraiser
    Measurements / Dimensions
  • Building Area Total: 2390
  • Building Area Units: Square Feet
Community/Development / Location Info
    School/Location Info
  • County Or Parish: San Diego
  • Directions: Main street to Millar Ave.
  • MLS Area Major: El Cajon (ELC)
    Association Information
  • Association: No
  • Community Features: Sidewalks
  • Senior Community: No
Income / Expense / Tax / Assessment Details
    Tax / Assessment Info
  • Current Financing: Conventional
  • Tax Census Tract: 160.00
  • Tax Lot: 91
  • Tax Tract Number: 060730
  • Zoning: R3
    Income Details
  • Cap Rate: 5.4
  • Gross Operating Income: $59,166
  • Gross Scheduled Income: $62,280
  • Net Operating Income: $40,686
  • Other Income Description: Late fees.
  • Other Income 1: $400
  • Other Income 2: $120
  • Vacancy Allowance Rate: 5
    Expense Details
  • Electric Expense: $100
  • Insurance Expense: $1,800
  • Maintenance Expense: $4,700
  • New Taxes Expense: $9,000
  • Operating Expense: $18,480
  • Pest Control Expense: $320
  • Security Features: Smoke Detector(s)
  • Total Expenses: $20,680
  • Trash Expense: $1,200
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Water Sewer Expense: $2,600
  • Gardener Expense: $960
Unit Information
    Unit 1
  • Unit Type Actual Rent: $1,200
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 1295
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $14,400
  • Unit Type Type: 1
    Unit 2
  • Unit Type Actual Rent: $1,225
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 1295
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $14,700
  • Unit Type Type: 2
    Unit 3
  • Unit Type Actual Rent: $1,295
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 1295
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $15,540
  • Unit Type Type: 3
    Unit 4
  • Unit Type Actual Rent: $1,400
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 1425
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $16,800
  • Unit Type Type: 4
    Multi-Unit Info
  • Price Per Unit: $189,000
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number With Drapes: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Average Studio Area Units: Square Feet
  • Average 1 Bed Area Units: Square Feet
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average 1 Bed Area: 550
  • Average 2 Bed Area: 740
Rental Info
    Rental Info
  • Rent Controlled: No
  • Tenant Pays: Cable TV, Electricity, Gas
  • Total Actual Rent: $61,440
Land/Lot Info
    Land/Lot Info
  • Land Lease: No
  • Lot Features: Front Yard, Level with Street
  • Lot Size Acres: .19
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 8276
  • Lot Size Units: Square Feet
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Sewer: Public Sewer

Property History for Restricted Address

DateEvent & SourcePriceAppreciation
Jul 23, 2019Sold

SDMLS #190033146

$725,000
Jun 15, 2019Expired

CRMLS #SW19137402

$759,000
Jun 15, 2019Listed (Active)

SDMLS #190033146

$749,000
DateEvent & SourcePrice
07/23/2019
Sold

SDMLS #190033146

$725,000
06/15/2019
Expired

CRMLS #SW19137402

$759,000
06/15/2019
Listed (Active)

SDMLS #190033146

$749,000

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

Public Records for Restricted Address

Taxable ValueLand$237,474Additions$321,288Total$558,762
Tax Record2017$6,803
Home Facts
Beds5Finished Sq.Ft.2,260 SqFtStyleMulti-Family Dwelling (2-4)Year Built1954Year Renovated1954ZoningR3CountySAN DIEGOAPN4872920600

Schools near Restricted Address

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Eje Middle AcademyCharter6-80.5 mi
7
Eje Elementary Academy CharterCharterK-50.5 mi
5
Johnson Elementary SchoolPublicK-50.7 mi
1
Grossmont High SchoolPublic9-121.1 mi
7

Eje Middle Academy

6-8, 0.5 mi, Charter

7

Eje Elementary Academy Charter

K-5, 0.5 mi, Charter

5

Johnson Elementary School

K-5, 0.7 mi, Public

1

Grossmont High School

9-12, 1.1 mi, Public

7

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.

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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. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Brenson Realty, Inc., Justin Brennan, DRE #01866398
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