$1,090,000
$1,225,000
11.0%For more information regarding the value of a property, please contact us for a free consultation.
653 Avocado AVE El Cajon, CA 92020
10,018 Sqft Lot
Key Details
Sold Price $1,090,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PTP2604873
Sold Date 08/07/26
HOA Y/N No
Year Built 1968
Lot Size 10,018 Sqft
Property Description
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.
Location
State CA
County San Diego
Area 92020 - El Cajon
Zoning R-3:RESTRICTED MULTIPLE
Interior
Fireplace No
Laundry Common Area, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, See Remarks
Exterior
Pool None
Community Features Gutter(s), Urban
View Y/N No
Private Pool No
Building
Lot Description Lawn, Landscaped, Level, Street Level, Yard
Story 2
Sewer Public Sewer
Others
Senior Community No
Tax ID 4883333000
Acceptable Financing Cash, Conventional, 1031 Exchange, Fannie Mae, Freddie Mac, USDA Loan, VA Loan
Listing Terms Cash, Conventional, 1031 Exchange, Fannie Mae, Freddie Mac, USDA Loan, VA Loan
Special Listing Condition Standard
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Bought with Nazar Alabid LPT Realty, Inc


