GET MORE INFORMATION
We respect your privacy! Your information WILL NOT BE SHARED, SOLD, or RENTED to anyone, for any reason outside the course of normal real estate exchange. By submitting, you agree to our Terms of Use and Privacy Policy.
$ 1,090,000
$ 1,225,000 11.0%
Est. payment | /mo
7 Beds
6 Baths
10,018 Sqft Lot
$ 1,090,000
$ 1,225,000 11.0%
Est. payment | /mo
7 Beds
6 Baths
10,018 Sqft Lot
Key Details
Sold Price $1,090,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PTP2604873
Bedrooms 7
Lot Size 10,018 Sqft
Property Sub-Type Res Income 2-4 Units
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
Zoning Assessor
Exterior
View Y/N No
Building
Story 2
Others
Acceptable Financing Cash, Conventional, Exchange, VA
Listing Terms Cash, Conventional, Exchange, VA
Listed by Michael Shenkman, DRE#01460198 Real Broker
Bought with Nazar Alabid LPT Realty, Inc
Bought with Nazar Alabid LPT Realty, Inc
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION