1145 Sumner Ave, El Cajon, California 92021, El Cajon, 92021 - 6 bed, 3 bath
ACTIVE$875,000$2,128/sqft
Est. Value: $934,401
6%
BelowEstimate
1145 Sumner Ave, El Cajon, California 92021
6Beds
3Baths
2,128Sqft
10,106Lot
Price Vs. Estimate
The estimated value ($934,400.655) is $59,400.655 (6%) higher than the list price ($875,000). This property may be underpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10106, living area = 2128.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 5.
Compared to the nearby listings
Price:$875.0K vs avg $815.0K (+$60,000)66%
Size:2,128 sqft vs avg 1,650 sqft73%
Price/sqft:$411 vs avg $49418%
More Insights
Built in 1958 (68 years old).
Condition: Despite being built in 1958, the property has undergone extensive and recent renovations, likely within the last 5 years. The kitchen features new modern grey shaker cabinets, light quartz countertops, and new stainless steel appliances. Bathrooms are fully updated with modern vanities, fixtures, and stylish marble-look tile. New light wood-look laminate flooring and fresh paint are present throughout the visible interior spaces, along with updated recessed lighting and modern ceiling fans. The overall condition of the interior is virtually new.
Year Built
1958
Close
-
List price
$875K
Original List price
$875K
Price/Sqft
$411
HOA
-
Days on market
-
Sold On
-
MLS number
PTP2600139
Home ConditionExcellent
Features
ViewNeighborhood
About this home
Welcome to the great house and spacious house with two Units, solar is already paid off. The buyer's agent should check for all permits and property details. Please don't disturb the tenants. The rent amount for unit A is $4100 for unit B is $2400
M
Mike Aqrawi
Listing Agent
Nearby schools
2/10
Naranca Elementary School
Public,•K-5•0.4mi
6/10
Bostonia Elementary School
Public,•K-5•0.6mi
3/10
Greenfield Middle School
Public,•6-8•0.8mi
3/10
Cajon Valley Middle School
Public,•6-8•1.1mi
3/10
El Cajon Valley High School
Public,•9-12•0.7mi
3/10
Idea Center
Public,•9-12•2.2mi
Price History
Date
Event
Price
01/16/24
Sold
$700,000
08/04/06
Sold
$465,500
Condition Rating
Excellent
Despite being built in 1958, the property has undergone extensive and recent renovations, likely within the last 5 years. The kitchen features new modern grey shaker cabinets, light quartz countertops, and new stainless steel appliances. Bathrooms are fully updated with modern vanities, fixtures, and stylish marble-look tile. New light wood-look laminate flooring and fresh paint are present throughout the visible interior spaces, along with updated recessed lighting and modern ceiling fans. The overall condition of the interior is virtually new.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10106, living area = 2128.
Significant Rental Income: The property features two units generating a combined $6,500/month ($4100 for Unit A, $2400 for Unit B), offering substantial income potential for investors or owner-occupants.
Paid-Off Solar System: A fully paid-off solar system significantly reduces energy costs, providing long-term savings and environmental benefits to the owner.
Multi-Unit Configuration: The presence of two distinct units offers flexibility for various living arrangements, such as owner-occupancy with rental income or maximized investment returns.
Generous Lot Size: With a lot size of 10,106 sqft, the property offers ample outdoor space for potential expansion, landscaping, or recreational use.
Spacious Interior: The 2128 sqft of living space with 6 bedrooms and 3 bathrooms provides ample room for larger families or multiple tenants.
Cons
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 5.
Potential Unpermitted Units/Permit Verification: The description mentions 'two Units' while the sub-type is 'Single Family Residence,' and explicitly states 'buyer's agent should check for all permits,' strongly suggesting potential unpermitted conversions or ADU issues that could pose legal or financial risks.
Tenant Occupancy & Access Restrictions: The instruction 'Please don't disturb the tenants' indicates tenant occupancy, which can complicate property showings, inspections, and potentially the closing timeline.
Age of Property: Built in 1958, the property is over 60 years old, which may necessitate updates to systems (plumbing, electrical), roofing, or general aesthetics to meet modern standards and preferences.