159-65 West Park Avenue

El Cajon, CA 92020

$1,449,000
Price
4
Beds
2,200 Sq. Ft.
$659 / Sq. Ft.
2,200
Sq. Ft.
$659
per Sq. Ft.

Description

Proud to present 4 unit Multifamily property located in up and coming city El Cajon. This property has four 1 bedroom and 1 bathroom units ranging from 500-600 sq/ft each with assigned parking spot. The property is conveniently located just blocks from shopping center, restaurants and parks and the Magnolia Venue. Call Co-List agent for some interior pics. Gross income based on Proforma rents of $1,720/Door. Buyer and buyer's agent to verify all the information.Proud to present 4 unit Multifamily property located in up and coming city El Cajon. This property has four 1 bedroom and 1 bathroom units ranging from 500-600 sq/ft each with assigned parking spot. The property is conveniently located just blocks from shopping center, restaurants and parks and the Magnolia Venue. Call Co-List agent for some interior pics. Gross income based on Proforma rents of $1,720/Door. Buyer and buyer's agent to verify all the information.
  1. Listed by Santiago Orvananos • DRE #01736139 • Brokerage DRE #01773011 • Casas Advisors • santiago@casasadvisors.com
  2. Listed by Daniela Sanchez • DRE #02071479 • Brokerage DRE #01736139 • Casa Advisors

Property Details for 159-65 West Park Avenue

Parking Spaces Total
0
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2200
Assessor Parcel Number
487-173-42-00
Property Attached YN
true
LISTING UPDATED: 05/23/2024 02:28 AM

Property Details for 159-65 West Park Avenue

StatusActive
MLS #PTP2305789
Days on Market348
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1952
Lot Size0.10 AC / 4,407 SF
CountySan Diego County

Building Information for 159-65 West Park Avenue

Stories2Residences-Year Built1952Building Size-Lot Size0.10 AC / 4,407 SF

Property Information for 159-65 West Park Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $67,140
  • Gross Scheduled Income: $67,140
  • Net Operating Income: $0
  • Cap Rate: 5.2
Expense Details
  • Operating Expense: $0
  • New Taxes Expense: $15,112
  • Insurance Expense: $1,416
  • Trash Expense: $1,184
  • Water Sewer Expense: $990
  • Total Expenses: $8,702
Tax / Assessment Info
  • Tax Tract Number: 0
  • Tax Lot: 487-173-4200
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Buyer to Verify
  • Community Features: Sidewalks, Street Lights, Park
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: West
  • Fence: No
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Sewer: Public Sewer
Parking Info
  • Garage Spaces: 0
  • Parking: No
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,400
  • Unit Type Total Rent: $1,400
  • Unit Type Pro Forma: 1720
  • Unit Type Type: 1
Unit 2
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,300
  • Unit Type Total Rent: $1,300
  • Unit Type Pro Forma: 1720
  • Unit Type Type: 2
Unit 3
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,695
  • Unit Type Total Rent: $1,695
  • Unit Type Pro Forma: 1720
  • Unit Type Type: 3
Unit 4
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $1,200
  • Unit Type Pro Forma: 1720
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number With Refrigerator: 4
  • Number With Patio: 2
  • Number Wall AC: 4

Property History for 159-65 West Park Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 159-65 West Park Avenue

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 - 9 to 12
Rating
School
Distance
Johnson Elementary School
PublicK to 5

Cajon Valley Middle School
Public6 to 8

Grossmont High School
Public9 to 12

Helix High School
Charter9 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.

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.

159-65 West Park Avenue is a multi-family home for sale in El Cajon, CA 92020. This property was listed for sale on November 21, 2023 by Casas Advisors, it's currently listed at $1,449,000. It has been on the market for a total of 348 days and was last sold on September 16, 2022. This listing's school districts are Cajon Valley Union School District, Grossmont Union High School District. Nearby schools include Johnson Elementary School, Cajon Valley Middle School and Grossmont High School. 159-65 West Park Avenue is a 4-bed, 0-bath, 2,200 sqft multi-family home built in 1952.

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 Casas Advisors, Santiago Orvananos, DRE #01736139; Casa Advisors, Daniela Sanchez, DRE #02071479

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.