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Sold on 10/09/2024
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1119 E Lexington Ave, El Cajon, CA 92019

$1,425,000

Last sold 10/09/2024 after 160 Days

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    bed

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    bath

Multi-family not for sale
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About 1119 E Lexington Ave

Property type Multi-family
Year built 1964
HOA fee $0/month
Lot size 7,612 Sqft
Parking 4 garage spaces
Rental estimate
Property description
Great 4 unit investment property & upside on rental income! Long term tenants that want to stay and room for rent increases. The property has 3 single story units w a 4th unit upstairs with each unit over 950 sq. ft. Each unit has a 1 car garage, one parking spot and share laundry room in back of property. All units are in good condition and offer fireplaces and new AC units. This complex can be sold with the adjoining 4 unit property next door that shares a courtyard together to comprise a total of 8 units! Great location in the 92019 zip code of El Cajon with high rental demand.
Listed by
Listing Agent - Mike Aon
Listing Office - Realty Executives Dillon
Source: CRMLS mls logo
MLS#PTP2403123 • last updated 2 years ago
Movoto checked CRMLS for data 2 minutes ago
Overview
Type Residential Income
Virtual Tour N/A
Status Closed
Lot Size (Acres) 0.1747
Lot Size (SqFt) 7612
Year Built 1964
Interior
Laundry Community
Appliances Dishwasher, Disposal, Gas Cooktop, Refrigerator, Water Heater
Exterior
Foundation Concrete Perimeter
Building Area Square Feet, 3818
Roof Composition
Parking Driveway, Garage - Single Door, Off Street
# Uncovered Spaces 4
# Parking Spaces 8
# Garage Spaces 4
Lot Description Level
Amenities / Utilities
Fireplaces Family Room
Sewer/ Septic Public Sewer
Electric Standard
Pool None
Location
County San Diego
Community Features Curbs, Sidewalks, Street Lights
Subdivision Concord Park
Neighborhood El Cajon
Zoning R-3;RESTRICTED MULTIPLE
Directions GPS
APN 4892220500
Multifamily Details
Tenant Pays Telephone
Expense: Trash 900
Operating Expense 25572
Cap Rate 5.5
Expense: Insurance 4000
Total Expenses 25375
Expense: Water/ Sewer 3600
Gross Income 103200
Gross Operating Income 103200
Gross Scheduled Income 103200
Lot/ Land Details
Road Surface Paved
Rental est.: $2,119/month
Gross rent multiplier: 56.0
  • Oct 2024
    mls logo MLS # PTP2403123
  • Oct 9, 2024 Sold
    $1,425,000 (-1.7%)
  • Sep 3, 2024 Pending
    —
  • Jul 11, 2024 Price Change
    $1,450,000 (-3.3%)
  • May 2, 2024 Listed
    $1,500,000 (+167.9%)
  • Aug 2019
    mls logo MLS # 130042374
  • Aug 29, 2019 Sold
    $560,000 (-3.4%)
  • Aug 8, 2013 Listed
    $580,000
  • 1119 E Lexington Ave
    $1.42M
  • —
  • 92019
    $690K +6% y/y
  • El Cajon
    $629K 0% y/y
No chart available
Statistics calculated by Movoto

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3/10
Lexington Elementary School
public Grades K-5
Cajon Valley Union School District
1/10
Montgomery Middle School
public Grades 6-8
Cajon Valley Union School District
4/10
El Cajon Valley High School
public Grades 9-12
Grossmont Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/3/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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