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    1141-43 Sumner Ave

    El Cajon, CA 92021
    • $715,900
    • STATUS: PENDING
    • ON SITE: 20 days
    • ID#: 210003677
    Pending
    UPDATED: 29 min ago
    $715,900
    • 5
      BEDS
    • N/A
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 2,200
      SQFT
    • $325
      $/SQFT
    Neighborhood:
    Bostonia
    Type:
    Multi-Family
    Built:
    1959
    County:
    San Diego
    Area:
    El Cajon (92021)

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    Description

    Excellent investment property opportunity! Duplex with (two) 2 Bedroom/1 Bath units PLUS an semi-detached unpermitted full studio apartment. The 2 Bedroom units have Inside Laundry, off street parking and Large Backyards. Full Studio apartment has its own private entrance, off street parking and private patio. One of the 2 bedrooms and the Studio apartment have a Solar Lease. Great location with being close to shopping, restaurants and freeway access.

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    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 San Diego MLS. 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 © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/114178103
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    1141-43 Sumner Ave El Cajon, CA 92021

    • Price: $715,900
    • Status: PENDING
    • Updated: 29 min ago
    • ID#: 210003677
    5
    Beds
    3
    Baths
    0
    ½ Baths
    N/A
    Acres
    2,200
    SQFT
    $325
    $/SQFT
    1959
    Built
    Neighborhood:
    Bostonia
    County:
    San Diego
    Area:
    El Cajon (92021)
    Property Description
    Excellent investment property opportunity! Duplex with (two) 2 Bedroom/1 Bath units PLUS an semi-detached unpermitted full studio apartment. The 2 Bedroom units have Inside Laundry, off street parking and Large Backyards. Full Studio apartment has its own private entrance, off street parking and private patio. One of the 2 bedrooms and the Studio apartment have a Solar Lease. Great location with being close to shopping, restaurants and freeway access.
    Exterior Features

    Exterior Wood/Stucco Fencing Full Parking Non Garage Desc Unit1 TandemUncovered Parking Non Garage Desc Unit2 TandemUncovered Parking Non Garage Desc Unit3 TandemUncovered Roof Composition Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Unit3 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 2

    Interior Features

    Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Unit3 Laundry Hook Ups Yes Units With Cooling 0 Units With Dishwashers 0 Units With Dryers 2 Units With Fireplaces 1 Units With Range Oven 3 Units With Refrigerators 1 Units With Washers 2

    Property Features

    Actual Cap Rate 6.0 Age Restrictions N/K Annual Expense Actual 8101 Annual Expense Projected 8101 Association ID San Diego Association Of Realtors (Sdar) Buildings 1 Cfd Mello Roos Fee 0.0 Community El Cajon Complex Park N/A Cross Streets N 1st St Gross Rent Multiplier Actual 13.98 Gross Rent Multiplier Project 12.05 Gross Scheduled Income Actual 51180 Gross Scheduled Income Project 59400 Mandatory Remarks None Known Market Area East County Monthly Total Fees 0 Net Operating Income Projected 51299 Other Fees 0.0 Other Income Actual 0 Projected Cap Rate 7.0 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays Other/Remarks Terms CashConventional Unit Number For Unit1 1141 Unit Number For Unit2 1143 Unit Number For Unit3 1141-A Unit1 Deposit 1800 Unit1 Occupied Tenant Unit1 Projected Rent 2100.0 Unit1 Rent Actual 1925.0 Unit2 Deposit 1465 Unit2 Occupied Tenant Unit2 Projected Rent 1650.0 Unit2 Rent Actual 1465.0 Unit3 Deposit 850 Unit3 Occupied Tenant Unit3 Projected Rent 1200 Unit3 Rent Actual 875.0

    Listing provided courtesy of Big Block Realty, Inc.. Listing information © 2021 San Diego MLS Inc. Source: SDMLS
    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 San Diego MLS. 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 © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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    Neuman & Neuman Real Estate Inc.
    516 5th Avenue
    San Diego CA, 92101