773 North Mollison Avenue

El Cajon, CA 92021

$1,120,000
Price
—
Beds
2,500 Sq. Ft.
$448 / Sq. Ft.
2,500
Sq. Ft.
$448
per Sq. Ft.

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Description

Huge price reduction. Seller motivated, submit all offers. Attention Developers and Builders! This is a must see opportunity! This property is being marketed for its highest and best use which is Condos, Apartments plus possible additional ADU’s. Current zoning is Residential Multi Family R3 / RM2500. Lot size is approximately 15,689. El Cajon City Zoning says 6 units plus perhaps 2 additional. Buyer to verify all at El Cajon City Building Department. This area of Mollison in El Cajon has a high...Huge price reduction. Seller motivated, submit all offers. Attention Developers and Builders! This is a must see opportunity! This property is being marketed for its highest and best use which is Condos, Apartments plus possible additional ADU’s. Current zoning is Residential Multi Family R3 / RM2500. Lot size is approximately 15,689. El Cajon City Zoning says 6 units plus perhaps 2 additional. Buyer to verify all at El Cajon City Building Department. This area of Mollison in El Cajon has a high number of multi residential properties. This lot has a high walk score and is adjacent to Dennys, Starbucks, convenience stores and gas stations. It is within walking distance to Wendy’s, Seven Eleven, and other grocery and fast food stores. Easy access to all with Interstate 8 so close. And, there are elementary, middle and high schools near-by. House that is on property is in good shape. It has nearly 2500 square feet. At some point the patio was enclosed and garage converted, adding considerable living area to the square footage listed on the tax rolls. House now has 4 bedrooms, 2 baths with a really big family room and inside laundry. UPDATE: Property is held in a family trust, permits are unknown. Property was long term tenant occupied. Tenant just moved out and property is being cleaned. Interior needs to be refurbished. Although the information provided herein is thought to be reliable, the buyer and buyers agent MUST satisfy themselves by performing their own due diligence to research and verify all information pertaining to this property prior to the removal of contingencies.
  1. Listed by Karen Hubbard • DRE #01222656 • Brokerage DRE #01222656 • Karen Hubbard, Broker • karenhubbard747@gmail.com
  2. Listed by Kelly Souza • DRE #02202342 • Brokerage DRE #01222656 • Karen Hubbard, Broker

Property Details for 773 North Mollison Avenue

Parking Spaces Total
20
Private Pool
No
Total Units
1.0
Building Type
Detached
Lot Size Source
Public Records
Lot Size Dimensions
194 x 82 Approximate
Living Area
2500
Assessor Parcel Number
484-322-08-00
LISTING UPDATED: 09/28/2024 02:28 AM

Property Details for 773 North Mollison Avenue

StatusActive
MLS #PTP2403716
Days on Market114
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1950
Lot Size0.36 AC / 15,689 SF
CountySan Diego County

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Building Information for 773 North Mollison Avenue

Stories1Residences-Year Built1950Building Size-Lot Size0.36 AC / 15,689 SF

Property Information for 773 North Mollison Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $34,800
  • Gross Scheduled Income: $34,800
  • Net Operating Income: $31,941
  • Cap Rate: 0.0
Expense Details
  • Operating Expense: $2,859
  • New Taxes Expense: $1,501
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,358
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $2,859
Tax / Assessment Info
  • Tax Tract Number: 005019
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: /7
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: front
  • Fence: No
  • Foundation Details: Concrete Perimeter
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Yard
  • Number Of Units: 1
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Sewer: Public Sewer
Parking Info
  • Garage Spaces: 0
  • Parking: No
  • Uncovered Spaces: 20
  • Open Other Spaces Total: 20
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit Information
  • Number Of Units Leased: 1
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 773 North Mollison Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 773 North Mollison Avenue

Taxable ValueLand$43,228Additions$7,209Total$50,437
Tax Record2024$1,870 ($156 / month)
Home Facts
Beds3Total Finished SqFt1,390 SqFtAbove Grade Finished SqFt1,390 SqFtLot Size15,689 SqFtStyleSingle Family ResidenceYear Built1950ZoningR-3:RESTRICTECountySAN DIEGOAPN484-322-08-00

Schools near 773 North Mollison Avenue

This home is within Cajon Valley Union School District.
Rating
School
Type
Grades
Distance
Naranca Elementary School
Public - K to 6
Cajon Valley Middle School
Public - 6 to 8
El Cajon Valley High School
Public - 9 to 12
Eje Middle Academy
Charter - 6 to 8
Rating
School
Distance
Naranca Elementary School
PublicK to 6

Cajon Valley Middle School
Public6 to 8

El Cajon Valley High School
Public9 to 12

Eje Middle Academy
Charter6 to 8

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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More information about 773 North Mollison Avenue, El Cajon, CA 92021

773 North Mollison Avenue is a multi-family home for sale in El Cajon, CA 92021. This property was listed for sale on June 25, 2024 by Karen Hubbard, Broker, it's currently listed at $1,120,000. This listing's school districts are Cajon Valley Union School District, Grossmont Union High School District. Nearby schools include Naranca Elementary School, Cajon Valley Middle School and El Cajon Valley High School. 773 North Mollison Avenue is a 0-bed, 0-bath, 2,500 sqft multi-family home built in 1950.

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 Karen Hubbard, Broker, Karen Hubbard, DRE #01222656; Karen Hubbard, Broker, Kelly Souza, DRE #02202342

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.