1084-90 E. Madison Ave., El Cajon, CA 92021 - 210002835 - iPro Real Estate
iPro Real Estate

iPro Real Estate

1084-90 E. Madison Ave.
El Cajon, CA 92021

Pending, Multi-Family/Income Sale

For Sale

$1,200,000 $400.00 per sqft

Free Professional CMA

Listing ID : 210002835

  • Beds

    8
  • Baths

    4/0
  • Structure / Lot Size

    3,000 Sqft / 8,712 Sqft
  • Year

    1958

Description

*Back on market, no fault to property* South Coast Commercial is pleased to present the sale of 1084-90 E Madison Avenue El Cajon, CA 92021. The property was built in 1958 and is comprised of (4) two-bedroom, one-bathroom units with private backyards and in-unit washer/dryers. The units are approximately 750 square feet each on a 8,818 square foot lot. This is a great opportunity to either occupy one of the units and rent out the remaining or purchase as a stabilized investment in one of the strongest rental markets in the County.

Details

Type: Multi-Family/Income Sale 
Subdivision: El Cajon 
MLS Area: East County 
County: San Diego 
Tax ID: 4890302400
Security Deposit: $86,400 
Building Name: El Cajon 
Building Size: 86,400 SqFt 
Cap Rate: 5% 
Net Operating Income: $57,826 
Days on Market: 302 
Appliances: Range/Oven, Refrigerator, Dryer, Washer 
No. of Fireplaces: 1 
Number of Units: 4 
Property Type: Residential Income 
Roof: Composition 
Sub Type: Multi Family 
Zoning: R-3:RESTRI 

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Interactive

32.80056 -116.945206 $1,200,000 210002835
1084-90 E. Madison Ave., El Cajon, CA 92021
Directions to here from:

Area Information 92021

Population:

65,003 Up .02% since 2010
Average Income:
$71,144
Average Age:
36Years
Gender:
49.14%Male
50.86%Female
Households:
22,63537.51% with children
Average Value:
$618,152
Occupancy:
49.63%Owned
50.37%Rented
5.42%Vacant
Education:
27.5%High School
9.6%Associate
10.94%Bachelor
4.39%Graduate
Average Residency:
20Years
Crime Rate:
Below Average
Annual Rainfall:
16.45Inches
Earthquake Risk:
Above Average
Hail Risk:
Very Low
Hurricane Risk:
Very Low
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Below Average
Wind Risk:
Very Low

History

Date Transaction Price Mortgage Amt & Lender
Date
Jun 24, 2021
Transaction
Sold - Residential Income210002835
Price
$1,200,000
Mortgage Amt & Lender
- -
Date
Feb 10, 2020
Transaction
Cancelled - Residential Income180061913
Price
$1,212,000
Mortgage Amt & Lender
- -
Date
Mar 29, 2018
Transaction
Sold - Residential Income180001826
Price
$1,075,000
Mortgage Amt & Lender
- -
Date
Jul 11, 2017
Transaction
Sold - Residential Income170032049
Price
$703,000
Mortgage Amt & Lender
- -

Mortgage Calculator

Listed by Nicholas Azoff with South Coast Commercial, Inc.