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Alexander Pfleger
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P: 858.483.4687
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609 S. Orange Ave
El Cajon, California CA 92020
Price: $1,625,000
ACTIVE Status, Bedrooms, Full Baths

Listing ID # 180028845

Property Description:

Excited to present this rare asset: 5 houses on 1 half acre (23,422 sqft) parcel!! This property's a real pride to own. (4) Houses are 2 bed 1 bath and (1) house is 1500sqft 3 bed 2 bath. All houses have washer/dryers, A/C and are individually metered for gas and electric, 3 houses are submetered for water. All have their own private yards. Rents currently are at apartment rates, they can be raised SIGNIFICANTLY to increase the cash flow even more. Check out virtual Tour Link

Primary Features

Market Area: East County
Short Sale: no
Number of Buildings: 5
Number of Units: 5
Parking Spaces Total: 10

Interior Features

Number of Baths (1): 1
Number of Baths (2): 2
Number of Bedrooms (1): 2
Number of Bedrooms (2): 3

External Features

Entry Only: No

Location Information

Zip/Area: EL CAJON (92020)

Financial Details

Actual Gross Scheduled Income: 102000
Actual Operating Expense: 33672
Assessors Parcel Number: 488-282-01-00
Cap Rate Actual: 4.02
Cap Rate Projected: 4.61
Gross Equity: 893750
Gross Multiplier: 15.93
Monthly Rent Total: 8500
Price/Unit: 325000
Projected Gross Multiplier: 14.45
Sale/Rent: For Sale
Unit Rent (1): 1500
Unit Rent (2): 2500
Unit Rent Total (1): 6000
Unit Rent Total (2): 2500


Association ID: San Diego Association of REALTORS (SDAR)
Have: 5 Houses
Mandatory Remarks: None Known
Number of Units (1): 4
Number of Units (2): 1
Number of Units w/Garage: 1
Number of Units w/Ranges: 5
Number of Units w/Refrigerator: 5
Number Units w/Dishwashers: 5
Sales Restrictions: N/K
SqFt of Improvement: 4887

Zoning Info

Listing courtesy of Apartment Consultants, Inc.
©2019 Sandicor, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from San Diego Multiple Listing Service (SDMLS). The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data updated on Monday, April 22nd, 2019 05:59:35 AM.

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Office: 858-483-4687 | Cell: 619-339-7334 | Email: [email protected] | CA BRE #01043581 | NMLS# 373603

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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.

Information Deemed Reliable But Not Guaranteed. The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable.

Last Updated: 2019-04-04