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653 Avocado Avenue

El Cajon CA 92020

10018 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

are four-unit investment opportunity in a highly accessible El Cajon location with both immediate income and future upside potential. The property consists of a renovated front residence featuring 4 bedrooms and 3 bathrooms, along with a separate rear building containing three additional residential units. The front home has undergone significant improvements, including an interior remodel, updated paint, and dual-pane windows, providing an attractive living environment for owner-occupants or tenants alike. The residence also includes its own private washer and dryer. The rear building offers three additional units and includes a convenient coin-operated laundry facility, creating an additional income stream for ownership. A storage shed located on the property provides further utility for tenants or property management operations. Situated on a spacious lot in a central El Cajon location, the property is conveniently located near shopping, restaurants, schools, transportation corridors, and major employment centers. Beyond the current income potential, the property may offer future value-add opportunities through additional development, including the potential addition of ADUs or other improvements, subject to buyer verification and municipal approval. Whether seeking a long-term buy-and-hold asset, an owner-occupant investment, or a property with future development potential, 653 Avocado Avenue offers a compelling combination of cash flow, recent improvements, and upside opportunity.

Features

10018 sq. ft. lot size
Multi-Family

Happy sellers in El Cajon

94%
94% of sellers in El Cajon reported that their sale price either exceeded or met their price expectations.

El Cajon stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in El Cajon over the last 12 months.

Local market activity for multi families in El Cajon

In the last 12 months, 3 multi families similar to 653 Avocado Avenue, have been sold.

This represents a 25% increase in multi families sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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