1116-18 Persimmon Avenue

El Cajon, CA 92021

$1,195,000
Price
6
Beds
2,158 Sq. Ft.
$554 / Sq. Ft.
2,158
Sq. Ft.
$554
per Sq. Ft.

Description

2 houses on 1 lot in elcajon for sale! Fantastic Investment Opportunity in a Prime Location! Discover this rare gem featuring two units on a single lot, perfectly designed for both investors and owner-occupiers. One unit is newly remodeled and ready for immediate move-in, while the other is occupied. Each unit boasts 3 bedrooms, 2 bathrooms, a 2-car garage, and no common walls, offering a sense of independence and privacy. The spacious yards are a highlight, featuring large covered concrete patios...2 houses on 1 lot in elcajon for sale! Fantastic Investment Opportunity in a Prime Location! Discover this rare gem featuring two units on a single lot, perfectly designed for both investors and owner-occupiers. One unit is newly remodeled and ready for immediate move-in, while the other is occupied. Each unit boasts 3 bedrooms, 2 bathrooms, a 2-car garage, and no common walls, offering a sense of independence and privacy. The spacious yards are a highlight, featuring large covered concrete patios that are ideal for outdoor gatherings, barbecues, and relaxation, both side yards are fully fenced. This prime location offers unparalleled convenience, with close proximity to shopping centers, schools, and a variety of entertainment options. The newly remodeled unit is turnkey ready, featuring modern finishes and upgrades for a comfortable and stylish living experience. This property is not just a home but a strategic investment opportunity that offers fantastic income potential through rental income from the second unit. Seize this unparalleled opportunity, and don't miss out on this rare find!
  1. Listed by Athir Markos • DRE #02024154 • Brokerage DRE #01889763 • Keller Williams Realty

Property Details for 1116-18 Persimmon Avenue

View
None
Parking Spaces Total
4
Private Pool
No
Cooling Type
Wall/Window Unit(s)
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2158
LISTING UPDATED: 11/24/2024 04:53 AM

Property Details for 1116-18 Persimmon Avenue

StatusPending
MLS #PTP2404466
Days on Market118
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1984
Lot Size0.20 AC / 8,712 SF
CountySan Diego County

Building Information for 1116-18 Persimmon Avenue

Stories2Residences-Year Built1984Building Size-Lot Size0.20 AC / 8,712 SF

Property Information for 1116-18 Persimmon Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $42,600
  • Gross Scheduled Income: $42,600
  • Net Operating Income: $21,439
  • Cap Rate: 5.0
  • Financing: Cash, Conventional, Private
Expense Details
  • Operating Expense: $21,161
  • New Taxes Expense: $15,375
  • Insurance Expense: $1,550
  • Trash Expense: $0
  • Total Expenses: $21,161
Tax / Assessment Info
  • Tax Tract Number: PM1310
  • Tax Lot: 59450
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Suburban
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Disposal, Microwave
  • Equipment: Dishwasher, Microwave, Washer Hookup
Exterior Features
  • Roof: Shingle
  • Entry Location: side
  • Fence: No
  • Structure Type: Duplex, Multi Family
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Spa Features: None
Land/Lot Info
  • Lot Features: Back Yard, Front Yard, Landscaped, Lot 6500-9999, Sprinkler System
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Sprinklers: Yes
  • Levels: Two
  • Sewer: Public Sewer
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Driveway, Garage, On street, RV Possible
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Driveway, Garage, RV Potential, Street
Unit Information
Unit 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $3,550
  • Unit Type Total Rent: $3,550
  • Unit Type Pro Forma: 3650
  • Unit Type Type: 1
Unit 2
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3650
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Property History for 1116-18 Persimmon Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 1116-18 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.

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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. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty, Athir Markos, DRE #02024154

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