1207 Lyons Lane

El Cajon, CA 92021

$840,000
Last Sold Price
5
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Renovated single-level duplex in El Cajon with $5,350 in monthly rental income. Room for 10+ cars on-site. Lots of potential in this property. All structures are located on one half of the property's .39 acre lot, leaving lots of room for an ADU or a possible lot split. Zoning is 15 units per acre, so it could also be a candidate for re-development. Buyer to conduct their own investigation. For planning and development, the property is part of Unincorporated San Diego County and not the City...Renovated single-level duplex in El Cajon with $5,350 in monthly rental income. Room for 10+ cars on-site. Lots of potential in this property. All structures are located on one half of the property's .39 acre lot, leaving lots of room for an ADU or a possible lot split. Zoning is 15 units per acre, so it could also be a candidate for re-development. Buyer to conduct their own investigation. For planning and development, the property is part of Unincorporated San Diego County and not the City of El Cajon. Photos were taken prior to the most recent move-ins. Please do not disturb tenants. Seller is a California Real Estate licensee and the listing agent on this transaction.
  1. Listed by Daniel Melroy • DRE #01319904 • Brokerage DRE #00352229 • Melroy Investments Inc

Property Details for 1207 Lyons Lane

Zoning
VR-15
Cross Streets
Greenfield Drive
Source Living Area
404
Area
El Cajon (ELC)
Lot Size Area
16773
HOA Fee Frequency 1
Monthly
HOA Fee 2
$0
HOA Fee Frequency 2
Monthly
LISTING UPDATED: 11/19/2024 11:12 AM

Property Details for 1207 Lyons Lane

StatusSold
MLS #240012167SD
Days on Market43
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1959
Lot Size0.39 AC / 16,773 SF
CountySan Diego County

Building Information for 1207 Lyons Lane

Stories1Residences-Year Built1959Building Size-Lot Size0.39 AC / 16,773 SF

Property Information for 1207 Lyons Lane

Community / Development
Community / Development
  • Complex Name: NA
  • Number Of Units: 2
  • Pets Allowed: Yes
  • Association Fees Include: Sewer, Trash, Water
  • Builders Tract Name: Rancho El Cajon
  • Earth Quake Insurance: 0
Structure Info
Structure Info
  • Number Of Stories: 1
  • View: Yes
  • View Description: Mountains
  • Security Features: None
  • Water: Meter on Property
  • Sewer: Sewer Connected
  • Water Heater Features: Gas
  • Water District: HELIX WATER DISTRICT
Contract Info
Contract Info
  • Financing: Conventional
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $46,790.00
  • Gross Scheduled Income: $64,200
  • Cap Rate: 5.30%
  • Gross Rent Multiplier: $13.90
  • Other Income1: $.00
  • Total Annual Expense: 16125
Land / Lot Info
Land / Lot Info
  • Horse: No
  • Land Included: No
  • Lot Acreage: 0.39
  • Lot Size Dimensions: 114' X 147
Interior Features
Interior Features
  • Levels: One
  • Cooling Type: Wall/Window
  • Heating Type: Natural Gas, Wall
Exterior Features
Exterior Features
  • Pool: No
  • Spa: No
  • Roof: Rolled/Hot Mop
  • Fence: Partial
Lease Terms
Lease Terms
  • Listing Terms: Conventional, Exchange
  • Tenant Pays: Other
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Rent: $3,200.00
  • Unit Actual Rent: $3,200.00
  • Unit Projected Rent: $3,600.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Rent: $2,150.00
  • Unit Actual Rent: $2,150.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1

Property History for 1207 Lyons Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 1207 Lyons Lane

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 - K to 5
Rating
School
Distance
Magnolia Elementary School
PublicK to 5

Greenfield Middle School
Public6 to 8

El Cajon Valley High School
Public9 to 12

Kidinnu Academy
CharterK to 5

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.

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 Melroy Investments Inc, Daniel Melroy, DRE #01319904

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.