538 S Johnson Avenue, El Cajon, CA 92020
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
Listed by:dustyn evans
Office:coldwell banker realty
MLS#:PTP2507668
Source:CRMLS
Price summary
- Price:$1,525,000
- Price per sq. ft.:$315.08
About this home
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.
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Home facts
- Year built:1979
- Listing ID #:PTP2507668
- Added:5 day(s) ago
- Updated:October 08, 2025 at 10:28 PM
Rooms and interior
- Living area:4,840 sq. ft.
Heating and cooling
- Cooling:Central Air
Structure and exterior
- Year built:1979
- Building area:4,840 sq. ft.
- Lot area:0.21 Acres
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,525,000
- Price per sq. ft.:$315.08
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