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123 Richardson Ave, El Cajon, CA 92020

$1,152,545

Last sold 12/01/2015 for $535K

4
bed
3
bath
2,600
Sqft ($206/Sqft)

House not for sale

About 123 Richardson Ave

Property type House

Neighborhood

Year built 1946

HOA fee $0/month

Movoto estimate

Rental estimate

Property description

Investment opportunity! Your chance to own fully occupied units. Front home is a detached single family home with 2 bedrooms & 1 full bath with a detached garage. The second building is a duplex, each with 2 bedrooms and 1 bath. There is some deferred maintenance. Great location with easy access to I-8.

Listed by

Listing Agent - Stephanie Magaha

Listing Office - Keller Williams Carmel Valley

Source: San Diego MLS

MLS#150052498 • last updated 10 years ago

Movoto checked San Diego MLS for data 6 minutes ago

Overview
Cooling/AC	N/K
Heating	Electric, Wall/Gravity
Levels/Style	Other/Remarks
Status	SOLD
SubType	Res Income 2-4 Units
MLS #	150052498
Short Sale (Y/N)	No
Year Built	1946

Exterior
Exterior	Wood/Stucco
Roof	Composition
Lot Desc	7, 500-10, 889 SF
Fencing	Partial
Irrigation	N/K

Amenities / Utilities
Water Source	Meter On Property
Security Features	N/K

Location
Neighborhood	El Cajon
County	San Diego
Community	EL CAJON
Cross Street	Main St
APN	487-302-05-00
Walk Score	75

Multifamily Details
Unit 2: Parking Desc	Assigned
Unit 3: SqFt	750
Unit 2: # Bedrooms	1
Unit 3: # Bedrooms	1
Unit 1: Occupied	Tenant
Unit 1: # Total Baths	1
Unit 2: # Total Baths	1
Unit 3: # Total Baths	1
Unit 3: # of Full Baths	1
Unit :1 # of Full Baths	1
Unit 1: SqFt	1100
Unit 2: Occupied	Tenant
Unit 3: Occupied	Tenant
Unit 1: # Bedrooms	2
Unit 2: SqFt	750
Unit 3: Projected Rent	1100
Unit 3: Parking Desc	Assigned
Unit 1: Garage Desc	Detached
Unit 2: Actual Rent	1100
Unit 3: Actual Rent	1100
Unit 1: Projected Rent	1500
Unit 2: Projected Rent	1100
Unit 2: # of Full Baths	1
Total # of Units	3
# of Units w/Range/Oven	3
Gross Rent Multiplier (Projected)	12.4
Gross Rent Multiplier (Actual)	12.4
Gross Scheduled Income	44400

Lot/ Land Details
Topography	Level

$1.15M

Range: $1.03M-$1.26M

Last 30 days

Rental est.: $5,540/month

• Gross rent multiplier: 8.0 - Good

Lower your payment with the loan terms that fit you.

Aug 2018
MLS # 150052498
Aug 12, 2018 Sold
$535,000
Dec 8, 2015 Sold
$535,000 (-2.6%)
Sep 25, 2015 Listed
$549,000
Sep 25, 2015 Listed
$549,000
Jun 2015
MLS # 150035713
Jun 30, 2015 Listed
$549,000

123 Richardson Ave
$535K
El Cajon
$325K
92020
$609K -7% y/y
El Cajon
$629K -6% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
142 S Johnson Ave, El Cajon, CA 92020	$714,000	2/2	1,132	0.03
134 S Johnson Ave, El Cajon, CA 92020	$603,000	2/1	768	0.03
205 Richardson Ave, El Cajon, CA 92020	$644,000	2/1	792	0.04
160 S Johnson Ave, El Cajon, CA 92020	$768,000	2/2	1,336	0.04
162 Richardson Ave, El Cajon, CA 92020	$794,000	3/1	1,144	0.05
206 S Johnson Ave, El Cajon, CA 92020	$746,000	2/1	911	0.05
206 Richardson Ave, El Cajon, CA 92020	$780,000	3/3	1,778	0.06
227 Richardson Ave, El Cajon, CA 92020	$629,000	2/1	742	0.07

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.