Marti Kilby, CRS

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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

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1033-1039 Dennstedt Place
East County El Cajon 92020

$1,880,000
2-4 Units built: 1957

Exterior Front
Photo 1: EL CAJON Property for sale: 1033-1039 Dennstedt Place
Photo 2: EL CAJON Property for sale: 1033-1039 Dennstedt Place
Photo 3: EL CAJON Property for sale: 1033-1039 Dennstedt Place
Photo 4: EL CAJON Property for sale: 1033-1039 Dennstedt Place
Photo 5: EL CAJON Property for sale: 1033-1039 Dennstedt Place
Photo 6: EL CAJON Property for sale: 1033-1039 Dennstedt Place
Photo 7: EL CAJON Property for sale: 1033-1039 Dennstedt Place
Photo 8: EL CAJON Property for sale: 1033-1039 Dennstedt Place
Photo 9: EL CAJON Property for sale: 1033-1039 Dennstedt Place
Photo 10: EL CAJON Property for sale: 1033-1039 Dennstedt Place
Photo 11: EL CAJON Property for sale: 1033-1039 Dennstedt Place
Photo 12: EL CAJON Property for sale: 1033-1039 Dennstedt Place
Photo 13: EL CAJON Property for sale: 1033-1039 Dennstedt Place
Status:
Active
Prop. Type:
2-4 Units
MLS® Num:
230007072
Year Built:
1957
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.
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.
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.
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.
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
  • Photo 1: EL CAJON Property for sale: 1033-1039 Dennstedt Place
    Exterior Front
  • Photo 2: EL CAJON Property for sale: 1033-1039 Dennstedt Place
    Exterior Front
  • Photo 3: EL CAJON Property for sale: 1033-1039 Dennstedt Place
    Exterior Front
  • Photo 4: EL CAJON Property for sale: 1033-1039 Dennstedt Place
    Living Room
  • Photo 5: EL CAJON Property for sale: 1033-1039 Dennstedt Place
    Bathroom
  • Photo 6: EL CAJON Property for sale: 1033-1039 Dennstedt Place
    Dining Area
  • Photo 7: EL CAJON Property for sale: 1033-1039 Dennstedt Place
    Kitchen
  • Photo 8: EL CAJON Property for sale: 1033-1039 Dennstedt Place
    Bathroom
  • Photo 9: EL CAJON Property for sale: 1033-1039 Dennstedt Place
    Living Room
  • Photo 10: EL CAJON Property for sale: 1033-1039 Dennstedt Place
    Living Room
  • Photo 11: EL CAJON Property for sale: 1033-1039 Dennstedt Place
    Kitchen
  • Photo 12: EL CAJON Property for sale: 1033-1039 Dennstedt Place
    Parking Lot/Garage
  • Photo 13: EL CAJON Property for sale: 1033-1039 Dennstedt Place
    Aerial View
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.
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