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1386 N Cuyamaca St

El Cajon, CA 92020
  • $1,450,000
  • STATUS: ACTIVE
  • ON SITE: 7 Days
  • ID#: 240023019
UPDATED: 12 min ago
$1,450,000
  • 8
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,220
    SQFT
  • $450
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1974
County:

School Ratings & Info

Description

Your new turnkey, 5.7 CAP, CASH FLOWING 4plex awaits! Investors or owner occupant buyers look no further, this is the one that will actually pencil for your loan. Tenants pay 100% of utilities, enjoy extremely low expenses. Huge lot, potential to add ADUs. The property boasts four large 800 SF+ 2BR 1BA units, all have been remodeled in the last number of years and are well maintained. Significant property upgrades include a brand new roof, new stucco exterior, new paint and landscaping and new laundry machines, which are owned and produce income. The units all have AC cooling, and there is off street parking for all. Select units enjoy a private patio, and there is even an income producing soda machine on site! Call today with your interest!

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San Diego MLS logo 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 © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.redtreerealty.com/homes/155924297
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1386 N Cuyamaca St El Cajon, CA 92020

  • Price: $1,450,000
  • Status: ACTIVE
  • On Site: 7 Days
  • Updated: 12 min ago
  • ID#: 240023019
8
Beds
4
Baths
0
½ Baths
N/A
Acres
3,220
SQFT
$450
$/SQFT
1974
Built
Neighborhood:
Cuyamaca
County:
San Diego
Area:
El Cajon (92020)
Property Description
Your new turnkey, 5.7 CAP, CASH FLOWING 4plex awaits! Investors or owner occupant buyers look no further, this is the one that will actually pencil for your loan. Tenants pay 100% of utilities, enjoy extremely low expenses. Huge lot, potential to add ADUs. The property boasts four large 800 SF+ 2BR 1BA units, all have been remodeled in the last number of years and are well maintained. Significant property upgrades include a brand new roof, new stucco exterior, new paint and landscaping and new laundry machines, which are owned and produce income. The units all have AC cooling, and there is off street parking for all. Select units enjoy a private patio, and there is even an income producing soda machine on site! Call today with your interest!
Exterior Features

Exterior Stucco Fencing Partial Roof Composition Spa Heat None Known Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard No Unit4 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 Half Baths Unit4 0 Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Unit1 Laundry Hook Ups Common Unit2 Laundry Hook Ups Common Unit3 Laundry Hook Ups Common Unit4 Laundry Hook Ups Common Units With Cooling 0 Units With Dishwashers 0 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 0

Property Features

Actual Cap Rate 5.7 Age Restrictions N/K Annual Expense Actual 32099 Association ID San Diego Association of REALTORS (SDAR) Buildings 1 Cfd Mello Roos Fee 0.0 Complex Park Cuyamaca Cross Streets Cuyamaca Gross Rent Multiplier Actual 12.2 Gross Scheduled Income Actual 108281 Mandatory Remarks None Known Market Area East County Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 10656 Sales Restrictions Call Agent Security N/K Short Sale No Tenant Pays ElectricityGas/PropaneHot Water Terms CashConventionalFHAVA Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Deposit 2990 Unit1 Occupied Tenant Unit1 Projected Rent 2295.0 Unit1 Rent Actual 2138.0 Unit2 Deposit 1500 Unit2 Occupied Tenant Unit2 Projected Rent 2295.0 Unit2 Rent Actual 2295.0 Unit3 Deposit 500 Unit3 Occupied Tenant Unit3 Projected Rent 2295 Unit3 Rent Actual 2295.0 Unit4 Deposit 500 Unit4 Occupied Tenant Unit4 Projected Rent 2295 Unit4 Rent Actual 2295.0

San Diego MLS logo Listing provided courtesy of Florian Sighe of The Browar Group: 619-894-3030. Listing information © 2024 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo 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 © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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