1940-44 Valley Rim Road

El Cajon, CA 92021 View Map $1,199,999 Schedule a Tour
Beds6
Baths4
On Site43 days
Year1958
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Scott Taylor

Scott Taylor

(760) 302-1816
 
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1940-44 Valley Rim Road El Cajon San Diego is for sale at $1,199,999. If you are looking for Granite Hills homes for sale, this 6 beds, 4 bath, with square feet, on acres, is a El Cajon property you will love! Whether you are looking in El Cajon or somewhere else in San Diego - contact me at (760) 302-1816 to schedule your showings today!


Status: Active
Property Type:Res Income 2-4 Units
MLS #:220026707
On Site:43 Days
County:San Diego

Listing Agent/Office

Agent:Florian Sighe
Agent Phone:619-701-6797
Office:The Browar Group
PRICED TO CASH FLOW EVEN WITH CRAZY 7%+ INTEREST RATES! We are pleased to present this turnkey gem on a HUGE lot in the serene Granite Hills of El Cajon. You will not find cheaper price per lot square footage for multifamily than with this 1.42 acre estate - $21/SF! The property is basically brand new construction given the heavy renovation for all 3 units and is comprised of a large 1500 SF 4BR 2BA home with a 400 SF attached studio. Sitting below this is a 900 SF 2BR 1BA home. All units have their own solar owned free and clear. Minisplit AC units and laundry hook ups in all. Seller has rental ads out for all 3 units and is getting tons of applications - rents in marketing package are reflective of that data. On top of this, there is the ability to rent out the 15,000 SF part of the lot at the bottom for RV or boat storage. Seller already has an offer from one RV owner for $100/month is a Buyer wants it. There is the ability to fit 10-20 RVs easily, that is potential for $10-20k extra a year!

Mortgage Calculator

$000 Monthly Payment
Loan and interest only.
Scott Taylor

Scott Taylor

(760) 936-5547
Agent/Loan Officer

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Detailed Maps

Price Change History

Date Old Price New Price Percent Change
11/16/2022$1,300,000$1,199,999-7.7%

Community Information

Address:1940-44 Valley Rim Road El Cajon, CA 92021
County:San Diego
Area (MLS Code):East County
Subdivision:Granite Hills
Zip Code:92021
Community:EL CAJON

Architecture

Bedrooms: 6
Bathrooms: 4
Year Built:1958
Stories:1
Exterior: Stucco
Total Stories: 1
Unit 1: 4 beds, 2 baths
Unit 2: 2 beds, 1 bath
Unit 3: 1 bath
Roof: Composition

Rooms

Dimensions
Master
Bedroom 2
Bedroom 3
Bedroom 4
Bedroom 5
Breakfast Area
Dining Room
Kitchen
Living Room
Family Room
Extra Room 1
Extra Room 2
Extra Room 3

Property Features

Lot Dimensions:1+ to 2 AC
Fencing: Partial
Directions:Take Greenfield exit, turn left at Siesta Calle, Left at Valley Rim for quarter mile. Property is on right.

Tax and Financial Info

Gross Sched Income Actual: $102, 000
Gross Sched Income Projected: $102, 000
Annual Expense Actual: $23, 439
Cap Rate Actual: $6
Tenant Pays: Electricity
Terms: Cash, Conventional, Exchange, Seller May Carry, VA

Schools

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1940-44 Valley Rim Road El Cajon, CA 92021
GO SEE THIS LISTING
1940-44 Valley Rim Road El Cajon, CA 92021
 
ASAP
Wed
7
Dec
Thu
8
Dec
Fri
9
Dec
Sat
10
Dec
Sun
11
Dec
Mon
12
Dec
Tue
13
Dec
Choose Your Date -- It's Free, Cancel Anytime
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