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$ 1,350,000
Est. payment | /mo
0.3 Acres Lot
$ 1,350,000
Est. payment | /mo
0.3 Acres Lot
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision El Cajon
MLS Listing ID 260020603SD
HOA Y/N No
Year Built 1974
Lot Size 0.301 Acres
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 92019 - El Cajon
Building/Complex Name Complex
Interior
Cooling None
Fireplace No
Exterior
View Y/N Yes
View None
Building
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 4894200700
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Listed by Carson Roberts Weichert SoCal #02126926
NEARBY SCHOOL & BUSINESS
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