Sold for $1,425,000

Listed by: Realty Executives Dillon • Mike Aon • Contact: 619-504-5042

Bought with: San Diego Homes Realty

$1,425,000

1119 E Lexington Ave E, El Cajon, CA 92019

8beds

4baths

3,818sqft

Multi Family

Built in 1964

-- sqft lot

$1,155,200 Zestimate^®

$373/sqft

$2,291 Estimated rent

Home value

$1,155,200

$993,000 - $1.33M

$2,291/mo

Zestimate^® history

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$2,291/mo

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$2,291/mo

Rent Zestimate^®

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$9,140/mo

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$9,140/mo

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What's special

Great 4 unit investment property & upside on rental income! Long term tenants that want to stay and room for rent increases. The property has 3 single story units w a 4th unit upstairs with each unit over 950 sq. ft. Each unit has a 1 car garage, one parking spot and share laundry room in back of property. All units are in good condition and offer fireplaces and new AC units. This complex can be sold with the adjoining 4 unit property next door that shares a courtyard together to comprise a total of 8 units! Great location in the 92019 zip code of El Cajon with high rental demand.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4

Heating

Central, Forced Air, Floor Furnace

Cooling

Central Air, Electric

Appliances

Included: Dishwasher, Gas Cooktop, Disposal, Refrigerator, Water Heater
Laundry: Common Area

Features

Has fireplace: Yes
Fireplace features: Family Room
Common walls with other units/homes: 1 Common Wall,No One Above

Interior area

Total structure area: 3,818
Total interior livable area: 3,818 sqft

Property

Parking

Total spaces: 8
Parking features: Door-Single, Driveway, Garage, Off Street
Garage spaces: 4
Uncovered spaces: 4

Features

Entry location: 1
Pool features: None

Lot

Size: 7,612 Square Feet
Features: Level

Details

Parcel number: 4892220500
Zoning: R-3;RESTRICTED MULTIPLE
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Foundation: Concrete Perimeter
Roof: Composition

Condition

New construction: No
Year built: 1964

Utilities & green energy

Electric: Standard
Sewer: Public Sewer

Community & HOA

Community

Features: Curbs, Street Lights, Sidewalks

Location

Region: El Cajon

Financial & listing details

Price per square foot: $373/sqft
Date on market: 5/30/2024
Listing terms: Cash,Conventional
Total actual rent: 8600
Tenant pays: Telephone
Road surface type: Paved

Price history

Date	Event	Price
10/9/2024	Sold	$1,425,000-1.7%$373/sqft
Source: CRMLS #PTP2403123 Report a problem
9/3/2024	Pending sale	$1,450,000$380/sqft
Source: CRMLS #PTP2403123 Report a problem
7/11/2024	Price change	$1,450,000-3.3%$380/sqft
Source: CRMLS #PTP2403123 Report a problem
5/30/2024	Listed for sale	$1,500,000$393/sqft
Source: CRMLS #PTP2403123 Report a problem