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    652 S Johnson Ave

    El Cajon, CA 92020
    • $725,000
    • STATUS: ACTIVE
    • ON SITE: 82 days
    • ID#: 200053133
    UPDATED: 9 min ago
    $725,000
    • 5
      BEDS
    • 0.15
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,958
      SQFT
    • $370
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1965
    County:

    School Ratings & Info

    Description

    Excellent investment opportunity! Prime location with low vacancy. Two separate homes with two different addresses on one parcel, 652 S. Johnson features 3Bed, 1Bath with a fireplace in the family room, and 711 Franklin 2Bed, 1Bath. The large driveway between the two homes can fit a Mobil home or multiple cars, Plus Plenty of off-street parking. Each house has its own private yard. Close to freeway and walking distance to schools and shopping. Great CAP 5% return, or live in any unit, and rent the second Looking to maximize your ROI. This two homes will makes that happen. 3 bedroom 1.5 bath and 2Bedroom 1 Bath. Current rent is below market lots of room to improve rent income and upgrades.

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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/112457516
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    652 S Johnson Ave El Cajon, CA 92020

    • Price: $725,000
    • Status: ACTIVE
    • Updated: 9 min ago
    • ID#: 200053133
    5
    Beds
    2
    Baths
    0
    ½ Baths
    0.15
    Acres
    1,958
    SQFT
    $370
    $/SQFT
    1965
    Built
    Neighborhood:
    El Cajon
    County:
    San Diego
    Area:
    El Cajon (92020)
    Property Description
    Excellent investment opportunity! Prime location with low vacancy. Two separate homes with two different addresses on one parcel, 652 S. Johnson features 3Bed, 1Bath with a fireplace in the family room, and 711 Franklin 2Bed, 1Bath. The large driveway between the two homes can fit a Mobil home or multiple cars, Plus Plenty of off-street parking. Each house has its own private yard. Close to freeway and walking distance to schools and shopping. Great CAP 5% return, or live in any unit, and rent the second Looking to maximize your ROI. This two homes will makes that happen. 3 bedroom 1.5 bath and 2Bedroom 1 Bath. Current rent is below market lots of room to improve rent income and upgrades.
    Exterior Features

    Exterior Stucco Fencing Full Frontage N/K Irrigation N/K Parking For RV None Known Parking Garage Desc Unit1 N/K Parking Garage Desc Unit2 N/K Parking Garage Desc Unit3 N/K Parking Garage Desc Unit4 N/K Parking Non Garage Desc Unit1 UncoveredNone Known Parking Non Garage Desc Unit2 Uncovered Parking Non Garage Desc Unit3 None Known Parking Non Garage Desc Unit4 None Known Parking Spaces Total Unit1 0.0 Parking Spaces Total Unit2 0.0 Parking Spaces Total Unit3 0.0 Parking Spaces Total Unit4 0.0 Pool N/K Pool Heat None Known Roof Other/Remarks Site Corner Lot Spa N/K Spa Heat None Known Topography Level Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 0 View N/K

    Interior Features

    Cooling N/K Furnished Units 0 Half Baths Unit1 1 Half Baths Unit2 0 Heat Equipment FireplaceWall/Gravity Heat Source Natural Gas Stories 1 Story Total Baths Unit1 2 Total Baths Unit2 1 Total Baths Unit3 0 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups No Units With Cooling 0 Units With Dishwashers 0 Units With Dryers 0 Units With Fireplaces 1 Units With Range Oven 2 Units With Refrigerators 2 Units With Washers 0 Water Heater Type Gas

    Property Features

    Actual Cap Rate 5.0 Additional Property Use N/K Age Restrictions N/K Annual Expense Actual 2500 Association ID San Diego Association Of Realtors (Sdar) Buildings 1 Cfd Mello Roos Fee 0.0 Community El Cajon Complex Features N/K Complex Park Franklin Center Cross Streets Franklin Gross Rent Multiplier Actual 15.0 Gross Rent Multiplier Project 13.0 Gross Scheduled Income Actual 49200 Gross Scheduled Income Project 54600 Home Owners Assoc Fee Includes N/K Mandatory Remarks None Known Market Area East County Miscellaneous N/K Monthly Total Fees 0 Other Fee Type N/K Other Fees 0.0 Other Income Actual 0 Pets Yes Possession Close Of Escrow Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Telecommunications N/K Tenant Pays Cable TvElectricityGardenerGas/PropaneHot Water Terms Cal VetCashConventionalFhaVa Unit Number For Unit1 652 S John Unit Number For Unit2 711Frankin Unit1 Deposit 2000 Unit1 Occupied Tenant Unit1 Projected Rent 2600.0 Unit1 Rent Actual 2300.0 Unit2 Deposit 1700 Unit2 Occupied Tenant Unit2 Projected Rent 1950.0 Unit2 Rent Actual 1800.0 Water Meter On Property Water District Helix Water District Zoning R-3:Restri

    Listing provided courtesy of San Diego Zad, 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