Address
209 Millar Avenue El Cajon, CA
Price
$ 895,000
Property Attributes
  • MLS#PTP2102542
  • TypePending
  • CountySAN DIEGO
  • CityEl Cajon
  • NeighborhoodEl Cajon
  • Zip92020
  • Style2-4 UNITS
  • Price$ 895,000
  • Bedrooms3
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size8,085 SqFt
Listing Provided Courtesy Of:
Top Gun CRE
Data Source:
San Diego MLS
Property Description

*FINANCIALS ARE PRO-FORMA - CURRENT RENTS ARE SIGNIFICANTLY BELOW MARKET*. Value-add 4plex in central El Cajon. Minutes to downtown El Cajon, transit center, restaurants, and retail. Quiet, family-friendly neighborhood near major freeways. (2) 2bed+1bath (roughly 750 SF), (2) 1bed+1bath units (roughly 500 SF). According to assessor building records, the front duplex was built 1955; rear duplex built 1979. (8) off-street parking spaces. Larger 8,085 SF lot - may be possible to add ADUs. Roughly 45% upside in rents. Units are in mostly original condition with some minor upgrades. Unit 213 (2bed+1bath) is more recently upgraded with newer flooring, cabinets, and in-unit W/D. Separately metered for all utilities. Common-area coin-op. laundry. (2) rear storage rooms. Fenced front and rear yard areas with natural grass. Ready for further renovations. Resurfaced parking area and exterior painting completed in 2020 ($30K+ in total upgrades). All tenants on month-month leases. *FINANCIALS ARE PRO-FORMA - CURRENT RENTS ARE SIGNIFICANTLY BELOW MARKET*. Value-add 4plex in central El Cajon. Minutes to downtown El Cajon, transit center, restaurants, and retail. Quiet, family-friendly neighborhood near major freeways. (2) 2bed+1bath (roughly 750 SF), (2) 1bed+1bath units (roughly 500 SF). According to assessor building records, the front duplex was built 1955; rear duplex built 1979. (8) off-street parking spaces. Larger 8,085 SF lot - may be possible to add ADUs. Roughly 45% upside in rents. Units are in mostly original condition with some minor upgrades. Unit 213 (2bed+1bath) is more recently upgraded with newer flooring, cabinets, and in-unit W/D. Separately metered for all utilities. Common-area coin-op. laundry. (2) rear storage rooms. Fenced front and rear yard areas with natural grass. Ready for further renovations. Resurfaced parking area and exterior painting completed in 2020 ($30K+ in total upgrades). All tenants on month-month leases.

Price History
4/16/2021 Listed $895,000

General Features

Neighborhood El Cajon
Sale/rent For Sale
Site Sidewalks
Terms Cal Vet, Cash, Conventional, FHA, VA
Topography Level
Total Units 4

Interior Features

Unit 1 # Bedrooms 2
Unit 1 # Total Baths 1
Unit 2 # Bedrooms 1
Unit 2 # Total Baths 1

Exterior Features

Lot Size Area 7, 500-10, 889 SF
Number of Buildings 2
Pool Y/N N/K

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92020

Price
AVG $640K
$900K
Visits
AVG 70
39
Walkscore
AVG 51
60
Data Provided by Walkscore ® not using MLS data

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