653 Avocado AVE, El Cajon, CA 92020
653 Avocado AVE, El Cajon, CA 92020
653 Avocado AVE, El Cajon, CA 92020
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$1,225,000
Est. payment /mo
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10,018 Sqft Lot
New

653 Avocado AVE El Cajon, CA 92020

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Andre Hobbs

Andre Hobbs

+1(619) 892-1008

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

MLS Listing ID PTP2604873

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

Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2604873

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Listed by Mike Shenkman Real Broker mike@coastlinesandiego.com, DRE #01460198

NEARBY SCHOOL & BUSINESS

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Andre Hobbs

Andre Hobbs

San Diego Broker | The Hobbs Valor Group | License ID: 01485241

+1(619) 892-1008

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653 Avocado AVE