159 65 W Park Ave.

El Cajon, CA 92020 View Map $1,015,000 Ask a Question
Sq.Ft. Lot4,407
Year1952

The Kimo Quance Group

(619) 324-5397

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Status: Sold
Property Type:Residential Income (Multi-Family)
MLS #:PTP2205395
Date Sold:9/16/2022
Lot Size:4,407 Sq. Ft.
County:San Diego

Listing Agent/Office

Agent:Scott Schimpf
Office:Keller Williams Realty

Co-Listing Agent/Office

Agent Name:Andrea Payne
Office Name:Keller Williams Realty
W Park Ave has been in the family for decades. Trust sale. Fantastic location near public transportation and Downtown El Cajon.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
9/19/2022$1,050,000$1,015,000-3.3%

Community Information

Address:159 65 W Park Ave. El Cajon, CA 92020
Area:92020 - El Cajon
County:San Diego
Zip Code:92020

Architecture

Year Built:1952
Building Area: 2200.0
Number of Buildings: 1
Total Units: 4
Unit 1: 550 Units • 1 Bed • 1 Bath • $1,500 actual rent • $1,500 total rent • $1,650 pro forma
Unit 2: 550 Units • 1 Bed • 1 Bath • $1,500 actual rent • $1,500 total rent • $1,650 pro forma
Unit 3: 550 Units • 1 Bed • 1 Bath • $1,500 actual rent • $1,500 total rent • $1,650 pro forma
Unit 4: 1 Bed • 1 Bath • $1,500 actual rent • $1,500 total rent • $1,650 pro forma
Open Parking Spaces: 3.0
Parking Total: 3.0

Features / Amenities

Common Walls: 1 Common Wall

Property Features

Lot Size: 0.1 Acres / 4,407 Sq. Ft.
Lot Features: Level
Sewer: Public Sewer
Water: Public
Zoning:Multi Family

Tax and Financial Info

Cap Rate: 6.0
Gross Income: $72,000
Gross Scheduled Income: $72,000
Net Operating Income: $66,000
Insurance Expense: $2,400
New Taxes Expense: $1
Trash Expense: $1,500
Water/Sewer Expense: $800
Operating Expense: $6,000
Terms: Cash, Conventional
Tenant Pays: Telephone

Schools

WALKING AND TRANSPORTATION

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Listing agent / office Scott Schimpf, Keller Williams Realty.
Co-Listing agent / office Andrea Payne, Keller Williams Realty.
Based on information from California Regional Multiple Listing Service, Inc. as of October 7, 2022. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. IDX provided by Sierra Interactive.