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    2054-2054A E Madison

    El Cajon, CA 92019
    • $1,280,000
    • STATUS: ACTIVE
    • ON SITE: 68 days
    • ID#: 210005300
    UPDATED: 33 min ago
    $1,280,000
    • 7
      BEDS
    • N/A
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 3,953
      SQFT
    • $324
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1950
    County:

    Description

    #1) property includes 3121sqft, 4br/3ba main house on 2.04 acres APN #508-240-09. Main house also has an unpermitted 2br/1ba rental originally permitted as workshop. #2) property also includes 832sqft 3br/1ba on 1.62 acres APN #508-240-11. For a total of 3.62acres with two permitted house plus 1 unpermitted residence in the Shadow Mountain area near Shadow Mountain Community Church and Camelot Parkway. Great potential for a lot split to create some additional building sites, and fix up and resale existing homes. Both homes are tenant occupied; current rent is $3,000 & $1,500. Access to interiors with written offer received; conditional upon buyers approval of interior.

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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/114632693
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    2054-2054A E Madison El Cajon, CA 92019

    • Price: $1,280,000
    • Status: ACTIVE
    • Updated: 33 min ago
    • ID#: 210005300
    7
    Beds
    4
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,953
    SQFT
    $324
    $/SQFT
    1950
    Built
    Neighborhood:
    Shadow Mountain
    County:
    San Diego
    Area:
    El Cajon (92019)
    Elementary School:
    Cajon Valley Union School District
    High School:
    Grossmont Union High School District
    Property Description
    #1) property includes 3121sqft, 4br/3ba main house on 2.04 acres APN #508-240-09. Main house also has an unpermitted 2br/1ba rental originally permitted as workshop. #2) property also includes 832sqft 3br/1ba on 1.62 acres APN #508-240-11. For a total of 3.62acres with two permitted house plus 1 unpermitted residence in the Shadow Mountain area near Shadow Mountain Community Church and Camelot Parkway. Great potential for a lot split to create some additional building sites, and fix up and resale existing homes. Both homes are tenant occupied; current rent is $3,000 & $1,500. Access to interiors with written offer received; conditional upon buyers approval of interior.
    Exterior Features

    Exterior StuccoWood Fencing N/K Frontage N/K Irrigation N/K Parking For RV On-Site Parking Parking Garage Desc Unit1 N/K Parking Garage Desc Unit2 N/K Parking Garage Spaces Unit1 0 Parking Garage Spaces Unit2 0 Pool N/K Pool Heat None Known Roof Composition Site Public StreetRear Yd Str AccessStreet Paved Spa N/K Spa Heat None Known Topography LevelSlope Gentle Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 0 View Mountains/Hills

    Interior Features

    Cooling Wall/Window Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Heat Equipment N/KOther/Remarks Heat Source Other/Remarks Stories Other/Remarks Total Baths Unit1 3 Total Baths Unit2 1 Total Baths Unit3 0 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Units With Cooling 0 Units With Dishwashers 2 Units With Dryers 1 Units With Fireplaces 0 Units With Range Oven 0 Units With Refrigerators 0 Units With Washers 2 Water Heater Type Other/Remarks

    Property Features

    Actual Cap Rate 1.7 Additional Property Use Ormks Age Restrictions N/K Annual Expense Actual 10000 Assessments N/K Association ID San Diego Association Of Realtors (Sdar) Buildings 2 Cfd Mello Roos Fee 0.0 Community El Cajon Complex Park N/A Cross Streets Camelot Parkway Gross Rent Multiplier Actual 24.07 Gross Scheduled Income Actual 54000 Jurisdiction Unincorporated Mandatory Remarks None Known Market Area East County Miscellaneous Horse AllowedOther/Remarks Monthly Total Fees 0 Other Fee Type N/K Other Fees 0.0 Other Income Actual 0 Pets Yes Possession Other/Remarks Projected Other Income 0.0 Sales Restrictions N/KOther/Remarks Security N/K Sewer Septic Septic Installed Short Sale No Telecommunications Cable (Coaxial) Tenant Pays Other/Remarks Terms CashConventionalExchange Unit Number For Unit1 2054 Unit Number For Unit2 2054A Unit1 Deposit 3000 Unit1 Occupied Tenant Unit1 Rent Actual 3000.0 Unit2 Deposit 1500 Unit2 Occupied Tenant Unit2 Rent Actual 1500.0 Water Meter On Property Water District Helix Water District

    Listing provided courtesy of Glenn D Mitchel, Realtors. 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