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1159-61 Persimmon Ave

El Cajon, CA 92021
  • $1,050,000
  • STATUS: ACTIVE
  • ON SITE: 17 Days
  • ID#: 220010863
UPDATED: 62 min ago
$1,050,000
  • 6
    BEDS
  • 0.16
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,910
    SQFT
  • $361
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1985
County:

School Ratings & Info

Description

TWO HOMES WITH PRIVATE YARDS AND GARAGES ON ONE LOT! This investment property consists of two (2) three-bedroom / three-bathroom, two-story homes with one adjoining wall. Each home has private, gated yards, garage, laundry hook-ups and air conditioning. The 7,022sf lot provides ample off-street parking. Rents are under market, all tenants are current and month to month. Need more units? Purchase the adjoining properties at 1155-57 Persimmon Ave, 1159-61 Persimmon Ave, & 1163-65 Persimmon Ave as a portfolio. Ten rental units available in one location!

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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.
www.forsalesandiego.com/homes/128408856
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1159-61 Persimmon Ave El Cajon, CA 92021

  • Price: $1,050,000
  • Status: ACTIVE
  • On Site: 17 Days
  • Updated: 62 min ago
  • ID#: 220010863
6
Beds
4
Baths
0
½ Baths
0.16
Acres
2,910
SQFT
$361
$/SQFT
1985
Built
Neighborhood:
Bostonia Acres Extension
County:
San Diego
Area:
El Cajon (92021)
Property Description
TWO HOMES WITH PRIVATE YARDS AND GARAGES ON ONE LOT! This investment property consists of two (2) three-bedroom / three-bathroom, two-story homes with one adjoining wall. Each home has private, gated yards, garage, laundry hook-ups and air conditioning. The 7,022sf lot provides ample off-street parking. Rents are under market, all tenants are current and month to month. Need more units? Purchase the adjoining properties at 1155-57 Persimmon Ave, 1159-61 Persimmon Ave, & 1163-65 Persimmon Ave as a portfolio. Ten rental units available in one location!
Exterior Features

Exterior Stucco Fencing Partial Parking Garage Desc Unit1 Attached Parking Garage Desc Unit2 Attached Parking Garage Spaces Unit1 1 Parking Garage Spaces Unit2 1 Roof Composition Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Units With Garages 2 Units With Patios 2

Interior Features

Cooling Other/Remarks Furnished Units 0 Half Baths Unit1 1 Half Baths Unit2 1 Stories 2 Story Total Baths Unit1 3 Total Baths Unit2 3 Total Baths Unit3 0 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Units With Cooling 2 Units With Dishwashers 0 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 2 Units With Refrigerators 0 Units With Washers 0

Property Features

Actual Cap Rate 2.9 Age Restrictions N/K Annual Expense Actual 14748 Annual Expense Projected 14748 Association ID San Diego Association Of Realtors (Sdar) Buildings 1 Cfd Mello Roos Fee 0.0 Community El Cajon Complex Park Bostonia Acres Extension Cross Streets N 1st St Gross Rent Multiplier Actual 20.4 Gross Rent Multiplier Project 11.2 Gross Scheduled Income Actual 39000 Gross Scheduled Income Project 70800 Mandatory Remarks None Known Market Area East County Monthly Total Fees 0 Net Operating Income Projected 53221 Other Fees 0.0 Other Income Actual 0 Projected Cap Rate 6.7 Projected Other Income 0.0 Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Tenant Pays TrashElectricity Terms CashConventional Unit1 Deposit 0 Unit1 Occupied Tenant Unit1 Projected Rent 2950.0 Unit1 Rent Actual 1650.0 Unit2 Deposit 0 Unit2 Occupied Tenant Unit2 Projected Rent 2950.0 Unit2 Rent Actual 1600.0 Zoning R2

San Diego MLS logo Listing provided courtesy of Keller Williams Realty. 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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Yarbrough Group
2445 Truxtun Rd., Ste 108
San Diego CA, 92106