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512 June Way, El Cajon, CA 92021
$7,299,000
512 June Way, El Cajon, CA 92021View this property at 512 June Way, El Cajon, CA 92021
512 June WayEl CajonCA92021
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Property Description
We are extremely proud to present 512 June Way , a true Turn-Key / Condo Grade 20 Unit investment property located in the heart of downtown El Cajon. This is by far the easiest opportunity for passive income and effortless upside we have seen in a long time. No deferred maintenance and all tenants happily pay on time. The property was completely renovated ( down to the studs ) in 2007 including but not limited to new plumbing and electrical systems, with the intent of condo conversion. Final Condo Map approved and available for new owner to capitalize if desired.
Full Property Details
Full Property Details for 512 June Way
General
- Price: $7,299,000
- Status: Active
- Type: Multi-Family
- MLS ID: 240009444
- Updated: 5/1/2024
- Added to Site: 16 day(s) ago
Rooms
Other Rooms
- Laundry: Owned
Additional Information
- Shared Amenities: Other/Remarks
Location
- Area: EL CAJON (92021)
- County: San Diego
Unit Information
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.68
- Zoning: RM-2200
Disclosures and Reports
- Buyer’s Brokerage Compensation: 1.5%
Listed by South Coast Commercial, Inc.
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Schools
Schools serving 512 June Way
School Districts:Cajon Valley Union School District, Grossmont Union High School District
Rating | Name | Grades | Distance |
---|---|---|---|
1030 Naranca Ave, El Cajon, CA 92021 | K-5 | 0.3 mi | |
550 E Park Ave, El Cajon, CA 92020 | 6-8 | 0.5 mi | |
1035 E Madison Ave, El Cajon, CA 92021 | 9-12 | 0.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 512 June Way
Date
Details
Price
Change
Source
5/01/2024
Listed
$7,299,000
264.95%
MLS
6/07/2021
Sold
$2,000,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 512 June Way
Year
Property Taxes
Change
Tax Assessment
Change
2023
$63,270
9%
$3,900,208
2%
2022
$58,138
9%
$3,823,734
13%
2021
$53,111
-5%
$3,397,518
1%
2020
$55,758
38%
$3,362,682
2%
2019
$40,345
2%
$3,296,748
2%
2018
$39,693
1%
$3,232,107
2%
2017
$39,186
4%
$3,168,734
2%
2016
$37,623
1%
$3,106,603
2%
2015
$37,434
2%
$3,059,940
2%
2014
$36,696
62%
$3,000,000
63%
2013
$22,653
—
$1,836,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 512 June Way
512 June Way, El Cajon, CA 92021 (MLS# 240009444) is a Multi-Family property with 20 units containing 0 bedrooms and 0 full bathrooms. 512 June Way is currently listed for $7,299,000 and was received on May 01, 2024. Want to learn more about 512 June Way? Do you have questions about finding other Multi-Family real estate for sale in El Cajon? You can browse all El Cajon real estate or contact a Coldwell Banker agent to request more information.