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Fletcher Hills
Fletcher Hills is a suburban community that straddles Fletcher Parkway to the north and south just before the road goes down the hill into El Cajon proper. The area was first developed back in the late 1920’s by Colonel Ed Fletcher who was a prominent San Diegan that spear headed several water projects and was responsible for the development of Fletcher Hills and Mt. Helix, among other communities. The shopping is good and the location convenient but the homes help make this area so special. There are a few areas where small subdivisions were built, but probably 50% of the area is comprised of custom homes. Prices range from $500K to over $1 million with the median price around $700K.
Fletcher Hills
1033-1039 Dennstedt Place
East County
El Cajon
92020
$1,880,000
2-4 Units
built: 1957
- Status:
- Active
- Prop. Type:
- 2-4 Units
- MLS® Num:
- 230007072
- Year Built:
- 1957
- Photos (13)
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Fletcher Hills cul-de-sac single level garden cottage style unite in two duplexes and four garages on a large lot near Grossmont High and Harry Griffin Park on Murray Hill. The large lot has much area for potential ADUs subject to city approval. All tenants have large security deposits. annual leases and renters insurance. The city uses EDCO trash service and bills owner every four months. Two garages are used by the owner could rent for $250-300/mo each. There is a common coin laundry room in the garage building. One unit, 1035 has washer hookups, AC and newly remodeled bathroom. Buyer to cooperate with Seller's IRS 1031 Exchange
- Lot Size:
- 4,000-7,499 SF
- Number of Buildings:
- 3
- Number of Units:
- 4
- Year Built:
- 1957
- Stories:
- 1 Story
- Total Stories:
- 1
- Market Area:
- East County
- Community:
- EL CAJON
- County:
- San Diego
- Neighborhood Code:
- Fletcher Hills
- Name of Complex/Subdivision:
- Murray Hill
- Home Owner Fees Include:
- N/K
- Mello Roos Fee:
- 0.0
- Monthly Total Fees:
- 95.0
- Other Fees:
- 1140.0
- Other Fees Frequency:
- Other/Remarks
- Other Fee Type:
- N/K
- Tenant pays:
- Cable TV, Electricity, Gas/Propane, Other/Remarks
- Other income:
- 800
- Annual expense actual:
- 17400
- Cap Rate.:
- 4.1
- Projected Cap Rate.:
- 5.1
- Gross Rent Multiplier:
- 19.9
- Projected Gross Rent Multiplier:
- 16.5
- Gross scheduled income:
- 94440
- Projected gross scheduled income:
- 113400
- Unit Number for Unit 1:
- 1033
- Finished Area for Unit 1:
- 800 sq. ft.74.32 m2
- Bedrooms for Unit 1:
- 2
- Number of bathrooms for Unit 1:
- 1
- Full Bathrooms for Unit 1:
- 1
- Half Bathrooms for Unit 1:
- 0
- Deposit for Unit 1:
- 4280.0
- Total Rent for Unit 1:
- 2390.0
- Projected Rent for Unit 1:
- 2600.0
- Garage for Unit 1:
- Detached
- Parking for Unit 1:
- Assigned
- Unit 1 Exclusive Use Yard:
- Yes
- Laundry Hook Ups for Unit 1:
- Common
- Unit Number for Unit 2:
- 1035
- Finished Area for Unit 2:
- 700 sq. ft.65.03 m2
- Bedrooms for Unit 2:
- 1
- Number of bathrooms for Unit 2:
- 1
- Full Bathrooms for Unit 2:
- 1
- Half Bathrooms for Unit 2:
- 0
- Deposit for Unit 2:
- 2680.0
- Total Rent for Unit 2:
- 1730.0
- Projected Rent for Unit 2:
- 1950.0
- Garage for Unit 2:
- Detached
- Parking for Unit 2:
- Assigned
- Unit 2 Exclusive Use Yard:
- Yes
- Laundry Hook Ups for Unit 2:
- Yes
- Unit Number for Unit 3:
- 1037
- Finished Area for Unit 3:
- 700 sq. ft.65.03 m2
- Bedrooms for Unit 3:
- 1
- Number of bathrooms for Unit 3:
- 1
- Full Bathrooms for Unit 3:
- 1
- Half Bathrooms for Unit 3:
- 0
- Deposit for Unit 3:
- 3330.0
- Total Rent for Unit 3:
- 1700.0
- Projected Rent for Unit 3:
- 1900.0
- Garage for Unit 3:
- Detached
- Parking for Unit 3:
- Assigned
- Unit 3 Exclusive Use Yard:
- No
- Laundry Hook Ups for Unit 3:
- Common
- Unit Number for Unit 4:
- 1039
- Finished Area for Unit 4:
- 800 sq. ft.74.32 m2
- Bedrooms for Unit 4:
- 2
- Number of bathrooms for Unit 4:
- 1
- Full Bathrooms for Unit 4:
- 1
- Half Bathrooms for Unit 4:
- 0
- Deposit for Unit 4:
- 3220.0
- Total Rent for Unit 4:
- 1800.0
- Projected Rent for Unit 4:
- 2250.0
- Garage for Unit 4:
- Detached
- Parking for Unit 4:
- Assigned
- Unit 4 Exclusive Use Yard:
- Yes
- Laundry Hook Ups for Unit 4:
- Common
- Murray Drive
- Site Influences:
- Cul-De-Sac
- Miscellaneous:
- Other/Remarks
- Complex Features:
- Laundry Facilities, Other/Remarks
- Exposure Front:
- Other/Remarks
- Exterior Features:
- Stucco
- Directions:
- Take Murray Dr to Dennstedt Place go to end of cul-de-sac it is on the left
- Cooling:
- Other
- Heating:
- Wall/Gravity
- Heating fuel:
- Natural Gas
- Irrigation:
- N/K
- Additional Use:
- Res/Business Use OK
- Number of Units with Cooling:
- 0
- Number of Units with Dishwashers:
- 1
- Number of Units with Dryers:
- 0
- Number of Units with Fireplaces:
- 0
- Number of Furnished Units:
- 0
- Number of Units with Garages:
- 0
- Number of Units with Patios:
- 3
- Number of Units with Range/Oven:
- 4
- Number of Units with Refrigerators:
- 4
- Number of Units with Washers:
- 0
- Pool:
- N/K
- Pool Heat:
- None Known
- Spa:
- N/K
- Roof:
- Composition
- RV Parking:
- On-Site Parking
- Sewer Septic:
- Sewer Connected
- Water district:
- HELIX WATER DISTRICT
- Water Heater Type:
- Gas
- Water supply:
- Meter on Property
- Security:
- N/K
- Fencing:
- Partial
- Topography:
- Bluff/Canyon Rim, Other/Remarks
- Short Sale:
- No
- Listing Type:
- Exclusive Agency (A)
- Age Restrictions:
- N/K
- Sales Restrictions:
- N/K
- Terms:
- Cash, Conventional
- Pets:
- No Pets Allowed
- Parcel Number:
- 487-760-08-00
Larger map options:
Listed by Point Properties
Data was last updated June 9, 2023 at 11:10 AM (UTC)
Area Statistics
- Listings on market:
- 48
- Avg list price:
- $949,995
- Min list price:
- $630,000
- Max list price:
- $1,899,000
- Avg days on market:
- 63
- Min days on market:
- 1
- Max days on market:
- 2,892
- Avg price per sq.ft.:
- $94.82
These statistics are generated based on the current listing's property type
and located in
East County. Average values are
derived using median calculations.
- MARTI KILBY
- STEELE GROUP REALTY
- 1 (619) 8469249
- Contact by Email

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