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For more information on this property, contact Lawrence Dy at 8584491253 or lawrencedy@gmail.com

2054-2054A E Madison
El Cajon, California CA 92019
Sold For: $1,196,000
Listing ID 210005300
Status SOLD
Year Built 1950

Property Description:

#1) property includes 3121sqft, 4br/2ba main house on 2.04 acres APN #508-240-09. Main house also has an unpermitted 2br/1ba rental originally permitted as workshop. #2) property also includes 832sqft 3br/1ba on 1.62 acres APN #508-240-11. For a total of 3.62acres with two permitted house plus 1 unpermitted residence in the Shadow Mountain area near Shadow Mountain Community Church and Camelot Parkway. Great potential for a lot split to create some additional building sites, and fix up and resale existing homes. Both homes are tenant occupied; current rent is $3,000 & $1,500. Access to interiors with written offer received; conditional upon buyers approval of interior.

Primary Features

County: San Diego
City: El Cajon
Price Before Reduction: 1277500
Price Reduction Date: 2021-10-27T20:15:26+00:00
Property Type: 2-4 Units
Year Built: 1950

Interior

Cooling: Wall/Window
Heat Equipment: N/K, Other/Remarks
Heat Source: Other/Remarks
Levels: Other/Remarks
Unit 1 Estimated SqFt: 3121
Unit 1 Laundry Hook Ups: Yes
Unit 1 Number of Bedrooms: 4
Unit 1 Number of Full Baths: 2
Unit 1 Number Total Baths: 2
Unit 2 Estimated SqFt: 832
Unit 2 Laundry Hook Ups: Yes
Unit 2 Number of Bedrooms: 3
Unit 2 Number of Full Baths: 1
Unit 2 Number Total Baths: 1
Unit Number for Unit 1: 2054
Unit Number for Unit 2: 2054A

External

Entry Only: no
Exterior: Stucco, Wood
Fencing: N/K
Frontage: N/K
Irrigation: N/K
Land Use Code: Res
Lot Size: 2+ to 4 AC
Neighborhood: Shadow Mountain
Number of Buildings: 2
Number of Units: 2
Number of Units w/Dryers: 1
Number of Units w/Washers: 2
Number Units w/Dishwashers: 2
Parking for RV: On-Site Parking
Parking Garage Unit 1: N/K
Parking Garage Unit 2: N/K
Pool: N/K
Pool Heat: None Known
Roof: Composition
Sewer/Septic: Septic Installed
Site: Public Street, Rear Yd Str Access, Street Paved
Spa: N/K
Spa Heat: None Known
Water: Meter on Property
Water District: HELIX WATER DISTRICT
Water Heater Type: Other/Remarks

Location

Community: EL CAJON
Complex/Park: n/a
Country: United States
Elementary School: Cajon Valley Union School District
High School: Grossmont Union High School District
Jurisdiction: Unincorporated
Market Area: East County
Topography: Level, Slope Gentle
View: Mountains/Hills
Zip/Area: EL CAJON (92019)

Additional

Additional Property Use: ORMKS
Miscellaneous: Horse Allowed, Other/Remarks
Pets: Yes
Property Type: 2-4 UNITS
Telecommunications: Cable (coaxial)

Financial

Age Restrictions: N/K
Annual Expense Actual: 10000
Assessments: N/K
Cap Rate Actual: 1.7
Financing: Other/Remarks
Gross Rent Multiplier Act: 24.07
Gross Scheduled Income Actual: 54000
Other Fee Type: N/K
Possession: Other/Remarks
Sale/Rent: For Sale
Sales Restrictions: N/K, Other/Remarks
Short Sale: no
Tenant Pays: Other/Remarks
Terms: Cash
Unit 1 Deposit: 3000
Unit 1 Rent Actual: 3000
Unit 2 Deposit: 1500
Unit 2 Rent Actual: 1500

Zoning Info


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Contact

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Lawrence Dy

11440 W. Bernardo Ct #300
San Diego, CA 92127
Phone: 8584491253
Phone Alt: 8584491253

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