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Address Not Available By Request

El Cajon, CA 92020
  • $1,850,000
  • STATUS: ACTIVE
  • ON SITE: 161 Days
  • ID#: 230007072
UPDATED: 17 min ago
$1,850,000
  • 6
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,000
    SQFT
  • $617
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1957
County:

School Ratings & Info

Description

Fletcher Hills cul-de-sac single level garden cottage style unite in two duplexes and four garages on a large lot near Grossmont High and Harry Griffin Park on Murray Hill. The large lot has much area for potential ADUs subject to city approval. All tenants have large security deposits. annual leases and renters insurance. The city uses EDCO trash service and bills owner every four months. Two garages are used by the owner could rent for $250-300/mo each. There is a common coin laundry room in the garage building. One unit, 1035 has washer hookups, AC and newly remodeled bathroom. Buyer to cooperate with Seller's IRS 1031 Exchange

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San Diego MLS logo 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 San Diego MLS. 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 © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.selecthomessandiego.com/homes/138734693
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Address Not Available By Request El Cajon, CA 92020

  • Price: $1,850,000
  • Status: ACTIVE
  • On Site: 161 Days
  • Updated: 17 min ago
  • ID#: 230007072
6
Beds
4
Baths
0
½ Baths
N/A
Acres
3,000
SQFT
$617
$/SQFT
1957
Built
Neighborhood:
Fletcher Hills
County:
San Diego
Area:
El Cajon (92020)
Property Description
Fletcher Hills cul-de-sac single level garden cottage style unite in two duplexes and four garages on a large lot near Grossmont High and Harry Griffin Park on Murray Hill. The large lot has much area for potential ADUs subject to city approval. All tenants have large security deposits. annual leases and renters insurance. The city uses EDCO trash service and bills owner every four months. Two garages are used by the owner could rent for $250-300/mo each. There is a common coin laundry room in the garage building. One unit, 1035 has washer hookups, AC and newly remodeled bathroom. Buyer to cooperate with Seller's IRS 1031 Exchange
Exterior Features

Exterior Stucco Fencing Partial Frontage Other/Remarks Irrigation N/K Parking For RV On-Site Parking Parking Garage Desc Unit1 Detached Parking Garage Desc Unit2 Detached Parking Garage Desc Unit3 Detached Parking Garage Desc Unit4 Detached Parking Non Garage Desc Unit1 Assigned Parking Non Garage Desc Unit2 Assigned Parking Non Garage Desc Unit3 Assigned Parking Non Garage Desc Unit4 Assigned Pool N/K Pool Heat None Known Roof Composition Site Cul-De-Sac Spa N/K Topography Bluff/Canyon RimOther/Remarks Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Unit3 Exclusive Use Yard No Unit4 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 3

Interior Features

Cooling Other/Remarks Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heat Equipment Wall/Gravity Heat Source Natural Gas Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Unit1 Laundry Hook Ups Common Unit2 Laundry Hook Ups Yes Unit3 Laundry Hook Ups Common Unit4 Laundry Hook Ups Common Units With Cooling 0 Units With Dishwashers 1 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 0 Water Heater Type Gas

Property Features

Actual Cap Rate 4.1 Additional Property Use Res/Business Use Ok Age Restrictions N/K Annual Expense Actual 17400 Association ID San Diego Association Of Realtors (Sdar) Buildings 3 Cfd Mello Roos Fee 0.0 Community El Cajon Complex Features Laundry FacilitiesOther/Remarks Complex Park Murray Hill Cross Streets Murray Drive Gross Rent Multiplier Actual 19.9 Gross Rent Multiplier Project 16.5 Gross Scheduled Income Actual 94440 Gross Scheduled Income Project 113400 Home Owners Assoc Fee Includes N/K Mandatory Remarks None Known Market Area East County Miscellaneous Other/Remarks Monthly Total Fees 95 Other Fee Type N/K Other Fees 1140.0 Other Fees Payment Frequency Other/Remarks Other Fees Reflect Year Other Income Actual 800 Pets No Pets Allowed Projected Cap Rate 5.1 Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Tenant Pays Cable TvElectricityGas/PropaneOther/Remarks Terms CashConventional Unit Number For Unit1 1033 Unit Number For Unit2 1035 Unit Number For Unit3 1037 Unit Number4 1039 Unit1 Deposit 4280 Unit1 Occupied Tenant Unit1 Projected Rent 2600.0 Unit1 Rent Actual 2390.0 Unit2 Deposit 2680 Unit2 Occupied Tenant Unit2 Projected Rent 1950.0 Unit2 Rent Actual 1730.0 Unit3 Deposit 3330 Unit3 Occupied Tenant Unit3 Projected Rent 1900 Unit3 Rent Actual 1700.0 Unit4 Deposit 3220 Unit4 Occupied Tenant Unit4 Projected Rent 2250 Unit4 Rent Actual 1800.0 Water Meter On Property Water District Helix Water District

San Diego MLS logo Listing provided courtesy of Paul Yancey of Point Properties: 619-222-9463. Listing information © 2023 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo 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 San Diego MLS. 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 © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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