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1010-1024 E Madison

El Cajon, CA 92021
  • $2,500,000
  • STATUS: ACTIVE
  • ON SITE: 26 Days
  • ID#: 220010407
$2,500,000
  • 14
    BEDS
  • N/A
    ACRES
  • 6
    BATHS
  • 1
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

There are two properties, UNITS: 1010, 1012, AND 1014 (APN: 489-010-52-00) AND UNITS: 1020, 1022 AND 1024 (APN: 489-010-51-00), consisting of 6 houses. Each house has gas and electric meter. Tenants pay water. Owner pays sewer and parking lot lighting. Each house has private fenced yard and 2 parking spaces. Each unit has laundry hook-up. Large lots for possible expanding or additional units. Unit #1010, 2br/1ba at approx. 875 SF Unit #1012, 2br/1ba at approx. 875 SF Unit #1014, 3br 1.5ba at approx. 1083 SF with large private yards. Unit #1020, 2br/1ba at approx. 875 SF Unit #1022, 2br/1ba at approx. 960 SF, this unit rebuilt/enlarged after fire. Unit #1024, 3br/1ba at approx. 1083 SF with large private yards.

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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 © 2022 San Diego MLS, Inc. Licensed in the state of California.
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1010-1024 E Madison El Cajon, CA 92021

  • Price: $2,500,000
  • Status: ACTIVE
  • On Site: 26 Days
  • ID#: 220010407
14
Beds
6
Baths
1
½ Baths
N/A
Acres
Neighborhood:
El Cajon (92021)
County:
San Diego
Area:
El Cajon (92021)
Property Description
There are two properties, UNITS: 1010, 1012, AND 1014 (APN: 489-010-52-00) AND UNITS: 1020, 1022 AND 1024 (APN: 489-010-51-00), consisting of 6 houses. Each house has gas and electric meter. Tenants pay water. Owner pays sewer and parking lot lighting. Each house has private fenced yard and 2 parking spaces. Each unit has laundry hook-up. Large lots for possible expanding or additional units. Unit #1010, 2br/1ba at approx. 875 SF Unit #1012, 2br/1ba at approx. 875 SF Unit #1014, 3br 1.5ba at approx. 1083 SF with large private yards. Unit #1020, 2br/1ba at approx. 875 SF Unit #1022, 2br/1ba at approx. 960 SF, this unit rebuilt/enlarged after fire. Unit #1024, 3br/1ba at approx. 1083 SF with large private yards.
Exterior Features

Carports 0 Construction DrywallFrameStucco Exterior No LandscapingPart FencedWood Fence Parking Spaces Parking Spaces Total 12 Units With Garages 0

Interior Features

Cooling Wall/Window Floor Coverings Tile Floors Slab Heating Wall Sq Ft Of Improvement 5751 Stories 1 Story Units With Dishwashers 0 Units With Disposals 0 Units With Ranges 6 Units With Refrigerators 6

Property Features

1st Loan Balance 0 Actual Gross Operating Income 123656 Actual Gross Scheduled Income 126180.0 Actual Operating Expense 16377 Actual Total Pi Pay 0 Actual Vacancy And Credit Loss 2524 Assumable Finance 0 Buildings 6 Complex Features None Existing Financing Clear Financial Information Source OwnerTax Return Gross Equity 2500000 Gross Multiplier 19.8 Have Six Units On Two Lots Mandatory Remarks None Known Market Area East County Monthly Rent Total 10515 Motive Want Sale Property Other Income Actual 0 Present Loan None Short Sale No Special None Sq Ft Source Buyer To Verify Terms CashSubmit Unit Number1 1 Unit Number2 1 Unit Number3 1 Unit Number4 1 Unit Number5 1 Unit Number6 1 Unit Rent Total1 1680 Unit Rent Total2 1475 Unit Rent Total3 2100 Unit Rent Total4 1600 Unit Rent Total5 1760 Unit Rent Total6 1900 Unit Rent1 1680 Unit Rent2 1475 Unit Rent3 2100 Unit Rent4 1600 Unit Rent5 1760 Unit Rent6 1900 Unit Type 3 On A LotOther/Remarks

San Diego MLS logo Listing provided courtesy of William H. Burks Investments. Listing information © 2022 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 © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
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