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Listed by Mike Shenkman • Real Broker
$1,225,000
Est. payment /mo
3,470 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,470 sqft
Price per Sqft $353
MLS Listing ID 8P-2604873
Year Built 1968
Lot Size 10,018 Sqft
Source California Regional Multiple Listing Service (CRMLS)
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
Laundry See Remarks, Community, Gas & Electric Dryer Hookup, Individual Room
Exterior
Pool None
Community Features Gutters, Urban
View Y/N No
Building
Lot Description Landscaped, Lawn, Level, Level with Street, Yard
Sewer Public Sewer
Others
Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2604873
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900



