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Listed by Dustyn Evans • Coldwell Banker Realty
$ 1,525,000
Est. payment /mo
New
538 S Johnson Avenue El Cajon, CA 92020
4,840 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,840 sqft
Price per Sqft $315
MLS Listing ID CRPTP2507668
HOA Y/N No
Year Built 1979
Lot Size 9,147 Sqft
Property Sub-Type Quadruplex
Source Datashare California Regional
Property Description
Great investment opportunity in this four-unit gated complex. Each unit offers a spacious three-bedroom, two-bathroom layout of approximately 1,200 square feet, with two units downstairs and two upstairs. The property includes eight parking spaces, two per unit, and a shared on-site laundry room for added tenant convenience. Each kitchen features a dishwasher, garbage disposal, refrigerator, and range, with some units upgraded with new carpet and vinyl flooring. All units have central air conditioning and heat, and the building exterior was fully repainted last year. Ideally situated just minutes from downtown El Cajon, Parkway Plaza shopping center, local restaurants, schools, and major freeways (I-8 and 67), this property offers consistent rental demand and convenience for tenants. Current total rents are $8,675 per month, providing stable income with potential for future growth through light updates and rent optimization.
Location
State CA
County San Diego
Interior
Cooling Central Air
Fireplace No
Laundry Common Area
Building
Lot Description Other
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