14830 Highway 8 Business

El Cajon, CA 92021

$900,000
Last Sold Price
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

BOM! MAJOR PRICE REDUCTION. OVER $400k BELOW APPRAISED VALUE! This is a very unique and interesting property with endless possibilities and opportunities. This is not your run of the mill investment property. There are 6 units of what was originally a motel and is now 6 small studios. And there is a 2 BR 1 BA SFR estimated to be 900 SF. Lastly, there are 3 large storage yards that have been rented and used for construction equipment and vehicle storage, etc. 2 of the units have garages plus a large...BOM! MAJOR PRICE REDUCTION. OVER $400k BELOW APPRAISED VALUE! This is a very unique and interesting property with endless possibilities and opportunities. This is not your run of the mill investment property. There are 6 units of what was originally a motel and is now 6 small studios. And there is a 2 BR 1 BA SFR estimated to be 900 SF. Lastly, there are 3 large storage yards that have been rented and used for construction equipment and vehicle storage, etc. 2 of the units have garages plus a large flat fenced yard. The 3 unit does not have a garage but a very large fenced yard. 10 rentals in total. Property is zoned C-36. All of this on 1.95 acres of usable land! Mary Etta's café is across the street and the Blossom Flinn Station strip center is next door to the subject property. And Flynn Springs Regional park is located on the south side of the road, just west of the subject site.

This is a very unique and interesting property with endless possibilities and opportunities. This is not your run of the mill investment property. There are 6 units of what was originally a motel and is now 6 small studios. And there is a 2 BR 1 BA SFR estimated to be 900 SF. Lastly, there are 3 large storage yards that have been rented and used for construction equipment and vehicle storage, etc. 2 of the units have garages plus a large flat fenced yard. The 3 unit does not have a garage but a very large fenced yard. 10 rentals in total. Property is zoned C-36. All of this on 1.95 acres of usable land! Gross Scheduled Income is $8,100. Mary Etta's café is across the street and the Blossom Flinn Station strip center is next door to the subject property. And Flynn Springs Regional park is located on the south side of the road, just west of the subject site.

Property Details for 14830 Highway 8 Business

City Postal ID
EL CAJON (92021)
LISTING UPDATED: 02/04/2022 05:34 PM

Property Details for 14830 Highway 8 Business

StatusSold
MLS #210019354
Days on Market161
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial-Res Income / Other/Remarks
Year Built-
Lot Size1.95 AC / 84,942 SF
CountySan Diego County
Buyer's Agent Compensation2.5%

Location

Sold By Zimkin Realty, David M Zimkin, DRE #01412774

Add your commute

Building Information for 14830 Highway 8 Business

Stories-Residences-Year Built-Building Size-Lot Size1.95 AC / 84,942 SF

Payment Calculator

$4,715 per month

30 year fixed, 6.845% Interest

Principal and Interest

$4,715

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 14830 Highway 8 Business

Summary Information
Property and Location
  • System ID: 210019354
  • Class: COMMERCIAL-RES INCOME
  • Street Number Numeric: 14830
  • Street Name: Highway 8 Business
  • Map Coordinates: 1232J4
  • Market Area: East County
Supplement
  • Supplement: This is a very unique and interesting property with endless possibilities and opportunities. This is not your run of the mill investment property. There are 6 units of what was originally a motel and is now 6 small studios. And there is a 2 BR 1 BA SFR estimated to be 900 SF. Lastly, there are 3 large storage yards that have been rented and used for construction equipment and vehicle storage, etc. 2 of the units have garages plus a large flat fenced yard. The 3 unit does not have a garage but a very large fenced yard. 10 rentals in total. Property is zoned C-36. All of this on 1.95 acres of usable land! Gross Scheduled Income is $8,100. Mary Etta's café is across the street and the Blossom Flinn Station strip center is next door to the subject property. And Flynn Springs Regional park is located on the south side of the road, just west of the subject site.
Interior and Exterior Features
Interior Features
  • Num of Units w/Dishwashers: 0
Exterior Features
  • Exterior: Part Fenced, Part Landscaped, RV Parking, Remarks
  • Roof: Composition
Property Information
Property and Assessments
  • Entry Only: No
  • Lot Size: 1.5 through 2.5 Acres
  • Zoning: C-36
  • Assessors Parcel Num: 396-080-11-00
Multi Family Information
Building Details
  • Unit Type: Other/Remarks
  • Construction: Frame, Other/Remarks
  • Floor Covering: Vinyl
  • Floors: Slab
  • Have: UNITS
  • Motive/Want: SELL
  • Parking: Spaces
  • Special: Sellers Are RE Licensees
  • SqFt of Improvement: 0
  • Tenant Pays Electric: N
  • Tenant Pays Gas: N
  • Tenant Pays Water: N

Property History for 14830 Highway 8 Business

DateEvent & SourcePriceAppreciation
Feb 3, 2022

Sold

SDMLS #210019354

$900,000
Jan 3, 2022

Pending

SDMLS #210019354

Dec 3, 2021

Listed (Active)

SDMLS #210019354

Nov 16, 2021

Pending

SDMLS #210019354

Nov 5, 2021

Price Change

SDMLS #210019354

$1,000,000
Oct 13, 2021

Price Change

SDMLS #210019354

$1,200,000
Sep 5, 2021

Price Change

SDMLS #210019354

$1,399,900
Aug 16, 2021

Price Change

SDMLS #210019354

$1,600,000
Jul 6, 2021

Listed (Active)

SDMLS #210019354

$1,800,000
DateEvent & SourcePrice
02/03/2022

Sold

SDMLS #210019354

$900,000
01/03/2022

Pending

SDMLS #210019354

12/03/2021

Listed (Active)

SDMLS #210019354

11/16/2021

Pending

SDMLS #210019354

11/05/2021

Price Change

SDMLS #210019354

$1,000,000
10/13/2021

Price Change

SDMLS #210019354

$1,200,000
09/05/2021

Price Change

SDMLS #210019354

$1,399,900
08/16/2021

Price Change

SDMLS #210019354

$1,600,000
07/06/2021

Listed (Active)

SDMLS #210019354

$1,800,000

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

Schools near 14830 Highway 8 Business

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
Public - 9 to 12
Rating
School
Distance
Rios Elementary School
PublicK to 5

Los Coches Creek Middle School
Public6 to 8

Granite Hills High School
Public9 to 12

Idea Center
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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