609-617 S Orange Ave | El Cajon, CA 92020
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609-617 S Orange Ave
El Cajon, CA 92020
5 Houses on 1 parcel · Multifamily Property For Sale
·
5 Units
INVESTMENT HIGHLIGHTS
- Washer Dryer inside every house
- Self metered gas & electric. water sub-meters installed on property
- Long term tenants, vacancies rare
- Water heaters inside every house
- Fenced in private yards
- 5 CAP on market rents
PROPERTY FACTS
| No. Units | 5 | Building Size | 4,887 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1955 |
| Building Class | C | Parking Ratio | 1.02/1,000 SF |
| Lot Size | 0.54 AC | ||
| Zoning | R3 | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.54 AC |
| Building Size | 4,887 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1955 |
| Parking Ratio | 1.02/1,000 SF |
| Zoning | R3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Yard
- Attic
- Garden
- Lawn
ABOUT 609-617 S ORANGE AVE , EL CAJON, CA 92020
Rents currently are at apartment rates, they can be raised to increase the cash flow. 5 houses on 1 half acre (23,422 sqft) parcel. All houses their own private fenced yards. 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 w/d hookups, water heater, A/C, and are individually metered for gas and electric!
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | $1,650 | - |
| 3+2 | 1 | $2,500 | - |
PROPERTY TAXES
| Parcel Number | 488-282-01 | Improvements Assessment | $597,358 |
| Land Assessment | $766,894 | Total Assessment | $1,364,252 |
PROPERTY TAXES
Parcel Number
488-282-01
Land Assessment
$766,894
Improvements Assessment
$597,358
Total Assessment
$1,364,252
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