1380 E Washington Ave El Cajon CA 92019 ACTIVE
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$524,000
2bd/3ba
1,268 sf
Unknown lot
2/1/24: 524,000 Original List Price
86 Days on Market
Virtual Tour

Condominium
City Lights,Hills,Neighborhood View
2 story
1 Parking Garage Space
N Fireplace
In Garage,Inside Laundry Location
1986
R-1:Single Fam- Zoning
Unknown Neighborhood
Sidewalks,Storm Drains,Street Lights Complex/Park
$428 Total Fees/mo (HOA and/or Mello)
NDP2401072 MLS

Welcome to your next lucrative investment venture nestled in the heart of El Cajon! This charming 2-bedroom, 2.5-bathroom condo/townhome presents an unbeatable opportunity for savvy investors seeking affordability and rental potential. Situated amidst a vibrant neighborhood teeming with apartment complexes, shopping hubs, delectable dining options, fitness centers, parks, and entertainment venues, this condo promises a lifestyle of convenience and accessibility. Featuring tile flooring throughout and boasting an original kitchen ripe for customization, this property offers a blank canvas for the discerning investor to add value and maximize returns. While one bathroom has already been partially upgraded, the remaining bathrooms present an excellent opportunity for enhancement, ensuring increased appeal and value appreciation. This condo presents an attractive option for a savvy investor seeking a great opportunity from this well positioned property, strategically located amidst El Cajo

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Subject Property
Active Listing
Sold Listing
Other Listing
Neighborhood
School


Listing by Blake Franklin - AK Broker

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS.
Seth Chalnick
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Sales History:
Close of Escrow Sale Price
06/20/2017 $330,000
04/06/2018 $389,000
02/22/2019 $328,000
04/30/2020 $340,000
Sold Comparables:
Location Bed Bath SqFt Price
1380 Washington Ave 2 1 1005 $435,000
1380 Washington Ave 2 2 1162 $475,000
1380 Washington Ave 3 3 1446 $455,000
1380 E Washington 2 3 1275 $399,000
1380 Washington Ave 3 3 1446 $398,000
1380 Washington 3 3 1420 $510,000
1380 Washington Ave 2 2 1162 $441,000
1380 Washington Ave 2 3 1275 $499,000
1380 Washington Ave 3 3 1446 $395,000
1380 E. Washington 3 3 1420 $565,000
Similar Active Listings:
Location Bed Bath SqFt Price
514 Jamacha Rd 3 3 1420 $599,900
963 Amistad 2 1 945 $525,000
Nearby Schools:
No nearby schools found
Monthly Payment:
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20% Down Conventional
Price $524,000
Down Payment% 20.0%
Down Payment$ $104,800
Loan Amount $419,200
Term (years) 30
Interest Rate
Principal & Interest
Property Tax $480
Home Insurance $100
Total monthly fees (HOA and/or Mello) $428
Estimated Total Payment/mo
 
Property Tax Deduction
Housing Amount You Pay Now
Relative additional expense/savings
3.5% FHA
Price $524,000
Down Payment 3.5%
Down Payment $18,340
Base Loan Amount $505,660
Upfront MIP% 1.000%
Upfront MIP$ $5,057
Loan Amount $510,717
Term (years) 30
Interest Rate
Principal & Interest
Property Tax $480
Home Insurance $52
FHA Ins Prem $426
Total monthly fees (HOA and/or Mello) $428
Estimated Total Payment/mo
 
Property Tax Deduction
Housing Amount You Pay Now
Relative additional expense/savings
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Contact Seth directly:
Seth Chalnick
619.251.8803
seth@sethchalnick.com
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