Refreshed Residential Income
1440 S Orange Ave 99, El Cajon, CA 92020
For Sale
$199,000
Updated home in a 55+ community with clubhouse, pool, jacuzzi, porch, patio, and landscaped surroundings.
Property Size1,368 SF
Price / SF$145.47
Days on Market55
Property Features for 1440 S Orange Ave 99
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Amenities
clubhouse
pool/jacuzzi
large CA room
porch
patio
Listing Agency:
Schreiber Realty
(858) 643-9011
Listed By:
Suzanne Rosen · License #01987931
(619) 550-7956
Source:
Kaleorealestate
Added: Sep 16
Changed: Nov 2
Last Checked: Nov 8 at 5:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Schreiber Realty
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Investment Insights
Based on property information with market context.
This refreshed residential property offers two bedrooms, two bathrooms, a living room, a separate family room, and a California room with access to both the porch and patio. The home also includes a backyard, large windows in the living and dining areas, and an updated kitchen with a new cooktop, countertops, hardware, sink, faucet, recessed ceiling, and recessed lighting. The primary bathroom features new vanity countertops.
Located within a maintained community near shopping, restaurants, parks, malls, major hospitals, and freeways, the property also benefits from access to a clubhouse, pool, and jacuzzi. Community occupancy requirements specify that the owner must be 55 or older, while additional occupants must be at least 18.
Located within a maintained community near shopping, restaurants, parks, malls, major hospitals, and freeways, the property also benefits from access to a clubhouse, pool, and jacuzzi. Community occupancy requirements specify that the owner must be 55 or older, while additional occupants must be at least 18.
Key Highlights
- Two‑bedroom, two‑bathroom home with separate living and family rooms
- Updated kitchen with new cooktop, countertops, sink, faucet, hardware, and recessed lighting
- California room connects to a porch, patio, and backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,712
Cap Rate
6.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$254,240
$254.2K
Cap Rate 7%
$181,600
$181.6K
Cap Rate 9%
$141,244
$141.2K
Market Conditions
NOI Build-Up for 1,368 SF
Gross rent
$24.6K $18.00/SF
− Vacancy
−$1.5K −$1.11/SF
EGI
$23.1K $16.89/SF
− OpEx
−$10.4K −$7.60/SF
NOI
$12.7K $9.29/SF
Area
El Cajon, CA
Vacancy
6.14%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$254,240
Cap Rate 7%
$181,600
Cap Rate 9%
$141,244
Alternative Uses
Best Use
Apartment 5plus
$181.6K
$158.9K – $211.9K
NOI $12,712 @ 7.0% cap · market cap 6.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$339.9K
$297.4K – $396.5K
NOI $23,792 @ 7.0% cap · market cap 11.96%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
360
Businesses Nearby
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Business Placement
Demographics for 92020, CA
60,454
Population
20,311
Households
3
Avg Household Size
37
Median Age
26%
College-Educated
84%
High-School Grad
11.1 sq mi
ZIP Area
5,446
Density / Sq Mi
$72,822
Median Household Income
$39,855
Median Earnings
$1,793
Median Rent
$741,600
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in El Cajon, CA
Properties on Market for Residential income properties in El Cajon
Frequently Asked Questions
What type of property is this?
Residential income property - Updated home in a 55+ community with clubhouse, pool, jacuzzi, porch, patio, and landscaped surroundings.
Where is this residential income property located?
The property is located at 1440 S Orange Ave 99 El Cajon, CA.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Two‑bedroom, two‑bathroom home with separate living and family rooms; Updated kitchen with new cooktop, countertops, sink, faucet, hardware, and recessed lighting; California room connects to a porch, patio, and backyard
