Seize the opportunity to own this exceptional two-unit property, offering both comfort and investment potential. Each unit is equipped with its own water heater, HVAC system, washer and dryer, and additional storage space. Both units share a single water meter, gas meter, and are powered by solar energy, ensuring efficiency and lower utility costs. The property sits on a flat, spacious lot with secure alley access to a large backyard, spanning approximately a third of an acre, the back dirt yard space is currently rented out, allowing for maximum income for this parcel. This versatile space, enclosed by a privacy fence, offers endless possibilities for expansion or additional uses. Each unit features its own fenced yard, providing privacy and convenience for tenants. Ample on-site parking. Ideally situated near Lake Murray, Big Rock Park, and Mission Trails Regional Park, this location is a haven for outdoor enthusiasts. With easy access to the I-8 freeway, residents enjoy seamless connectivity to the rest of San Diego, making this an attractive opportunity for both renters and investors.
This property is $116.3K more than the Median Sold Price in El Cajon, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #NDP2409653
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (760) 859-7417
Listing Agent: Dene Sellers
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 2:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,554
Per Month
Principal & Interest
$4,487
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,762
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Eje Elementary Academy Charter
851 S Johnson Ave
Distance between this listing and this school0.47 miles
Public Charter Grades KG-5
1
/10
Chase Avenue Elementary School
195 E Chase Ave
Distance between this listing and this school1.03 miles
Public District Grades PK-5
5
/10
Northmont Elementary School
9405 Gregory St
Distance between this listing and this school1.07 miles
Public District Grades KG-5
Nearby Schools
3
/10
Eje Middle Academy
851 S Johnson Ave
Distance between this listing and this school0.47 miles
Public Charter Grades 6-8
3
/10
Trust Blended Learning
9009 Park Plaza Dr
Distance between this listing and this school1.59 miles
Public District Grades KG-8
4
/10
Parkway Middle School
9009 Park Plaza Dr
Distance between this listing and this school1.59 miles
Public District Grades 6-8
Nearby Schools
6
/10
Grossmont High School
1100 Murray Dr
Distance between this listing and this school0.54 miles
Public District Grades 9-12
7
/10
Literacy First Charter
799 E Washington Ave
Distance between this listing and this school1.50 miles
Public Charter Grades KG-12
4
/10
El Cajon Valley High School
1035 E Madison Ave
Distance between this listing and this school2.09 miles
The neighbors living near this home have an average income of $73,377. Residents of El Cajon, CA typically earn between $35k-100k each year. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
This home is located at 78890 Grossmont Ave in El Cajon, CA and zip code 92020. This home, which was built in 1942, sits on a 0.32 acre lot. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $899,000.
In October 2024, from all listings sold in El Cajon, CA there were more than 31 sold above asking price, over 33 sold below and more than 14 were sold right at the asked price. The number of homes for sale in El Cajon, CA increased by 8.1% between September 2024 and October 2024. While the average time on the market in October 2024 was 23 days, the median list price was $782,687.
From Rocket Homes Real Estate and based on county public records data.