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$ 1,350,000
Est. payment /mo
New
1156 E Washington Ave El Cajon, CA 92019
8 Beds
4 Baths
0.3 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision El Cajon
MLS Listing ID 260020603
Bedrooms 8
Full Baths 4
Year Built 1974
Lot Size 0.301 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
4-Unit Investment Opportunity with Owner-Occupant Potential in El Cajon! Rare opportunity to own a well-positioned 4-unit property in El Cajon, featuring four single story, 805 sq. ft. units, each with its own private yard, A/C, and two dedicated parking spaces. With one unit becoming vacant, this property offers an excellent opportunity for an owner-occupant to live in one unit while generating rental income from the other three—an attractive option for buyers looking to offset their housing costs while building long-term investment value. Located along Washington Avenue, the property offers convenient access to everyday amenities, including laundromats, shopping centers, restaurants, schools, churches, and other neighborhood conveniences, with many amenities located within approximately one mile. For investors looking to expand the property's potential, there may also be an opportunity to add two additional units, subject to obtaining the necessary City approvals and permits. The seller is willing to provide previously prepared plans that were reviewed and approved by an architect for the proposed additional units. Whether you're looking for an owner-occupied investment, a multi-unit income property, or an opportunity to further maximize the property's potential, 1156 E Washington Ave offers a versatile investment opportunity in a convenient El Cajon location.
Location
State CA
County San Diego
Area East County
Direction E Washington Ave to Ballard St then turn left.
Interior
Fireplace No
Exterior
Fence Full, Gate
View Y/N Yes
Roof Type Other/Remarks
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 489-420-07-00
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Listed by Carson Roberts, DRE#02126926 Weichert SoCal
NEARBY SCHOOL & BUSINESS