538 S Johnson AVE Pending

El Cajon,CA 92020

$ 1525000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Pending

Purchase Type For Sale

MLS Listing ID CRPTP2507668

Year Built 1979

Property Sub-Type Fourplex

Source California Regional MLS

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

Area 92020 - El Cajon

Interior

Cooling Central AC

Laundry Washer/Dryer - Leased,Community Facility

Exterior

Parking Features Assigned Spaces,Common Parking Area,Off-Street Parking,Other

Garage Spaces 8.0

Pool None

Others

Tax ID 4875322300

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