253 Croydon Ln, El Cajon, CA 92020

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Property Description

There Is An Assumable VA Loan On The Property At 3.625% Interest Rate With A Balance Of Approximately $970,000. Seller Prefers a Veteran Assume The Loan To Release His Eligibility. Seller May Consider Carrying a Second with Satisfactory Downpayment and Assumption Of The 1st.SELLER WILL ALTERNATIVELY CONSIDER A TEMPORARY RATE BUYDOWN FOR BUYER FOR A YEAR OR TWO WITH THE RIGHT OFFER. Beautifully Updated View Home in Fletcher Hills. Quartz Topped Huge Island With A Breakfast Bar, Single Level Main Home plus a Walk Out Basement. Great Location, Great Schools, Spectacular Views. All Appliance Are Included As Is The Furniture, Appliances And Most Decor If Wanted. There Is A 416 SF Studio ADU That Has Been Rented Through AirBnb And VRBO. Rental Has Created Over $30,000 per year in Income. Main House Has Also Been Rented Out similarly Since The Owners Moved. The New Owner Can Build An Additional ADU In The Rear Yard If Desired. There Is Also A Large Workshop and Storage Area On The Opposite Side of the ADU. Other Homes Have Added A Staircase to Croydon Ln Below The Property. That Would Create Additional Guest Parking. So Much To Offer In The Desired Fletcher Hills Community Of El Cajon. 2ND ADU Is Permissible According To Consultant Who Did Permits on Existing ADU.


Interior Features

Bedroom Information
Bedrooms 4
Bathroom Information
Bathrooms 3
Interior Information
Features Bedroom on Main Level, Main Level Primary
Cooling Type Central Air, Wall/Window Unit(s)

Listing Information

Address 253 Croydon Ln
City El Cajon
State CA
Zip 92020
County San Diego
Listing Agent Jim Fishinger DRE #00882123
Courtesy Of Excel Preferred Realty
List Price $1,250,000
Status Active
Type Residential
Subtype Single Family Residence
Structure Size 2,477
Lot Size 12,900
Year Built 1959

Listing information courtesy of: Jim Fishinger, Excel Preferred Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Aug 22nd, 2024 at 5:29 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.