2 Units and potential to build 2 more! One of a kind opportunity with exceptional potential in a 0.28 Acre lot, featuring a recently renovated single family house: a spacious 5-bedroom, 3-bathroom ready to move in, and a Junior ADU 1-bedroom, 1-bathroom. Additionally, the property comes with approved city plans to build another house, 3bedroom, 2.5bath, and 1,282 sqft. Also future option there is room available to build 850 sqft ADU, enhancing its potential for substantial rental income and long-term value appreciation. Nestled in a prime location close to shopping, schools, and entertainment options, this property promises an unparalleled and highly desirable living experience. Seize this rare opportunity to invest in a burgeoning community with immense redevelopment potential. This ready-to-go investment is perfect for those looking to capitalize on a thriving market and secure substantial returns. Don’t let this exceptional chance slip away!
Discover a remarkable investment opportunity 2 units plus approved plans to build 2 more units, in the heart of El Cajon. The property features two distinct units that have been recently renovated: a spacious 4-bedroom, 2-bathroom unit ready to move in, and a 2-bedroom, 2-bathroom unit that is occupied. Located close to shopping, schools, and entertainment, this prime location ensures a desirable living experience. Additionally, the property comes with approved city plans to build two more units, enhancing its potential for substantial rental income and long-term value appreciation. This is an exceptional chance for investors looking to capitalize on redevelopment prospects in a thriving community. Don't miss out on this ready-to-go investment opportunity!
Attention Developers and Builders! This is a must see opportunity! This property is being marketed for its highest and best use which is Condos, Apartments plus possible additional ADU’s. Current zoning is Residential Multi Family R3 / RM2500. Lot size is approximately 15,689. El Cajon City Zoning says 6 units plus perhaps 2 additional. Buyer to verify all at El Cajon City Building Department. This area of Mollison in El Cajon has a high number of multi residential properties. This lot has a high walk score and is adjacent to Dennys, Starbucks, convenience stores and gas stations. It is within walking distance to Wendy’s, Seven Eleven, and other grocery and fast food stores. Easy access to all with Interstate 8 so close. And, there are elementary, middle and high schools near-by. House that is on property is in good shape. It has nearly 2500 square feet. At some point the patio was enclosed and garage converted, adding considerable living area to the square footage listed on the tax rolls. House now has 4 bedrooms, 2 baths with a really big family room and inside laundry. Property is held in a family trust, permits are unknown. Property is long term tenant occupied. The Tenant is willing to stay on. The terms of which can be negotiated with new buyer. This could help bring in income while development gets under way. Please do not disturb occupant. Drive by showing only for now. Although the information provided herein is thought to be reliable, the buyer and buyers agent MUST satisfy themselves by performing their own due diligence to research and verify all information pertaining to this property prior to the removal of contingencies.
Wonderful investment opportunity! This property is being sold with both units! 647 is 4/ 2 & 649 is 3/2.5 . Unit 647 is fully remodeled,new cabinets, granite, singles, stucco and add one car garage in 2020 . In 2020, the second unit 649 was built with two car attached garage, tile , granite, central AC and spacious back yard! All work was permitted and approved through the City of San Diego county.Both come with electric meter, gas meter. Come take a look today. The possibilities are endless!!!! Live in one, rent the other; or bring your large family to live next to each other. Great location off the 8 freeway as well!
Renovated single-level duplex in El Cajon with $5,350 in monthly rental income. Room for 10+ cars on-site. Lots of potential in this property. All structures are located on one half of the property's .39 acre lot, leaving lots of room for an ADU or a possible lot split. Zoning is 15 units per acre, so it could also be a candidate for re-development. Buyer to conduct their own investigation. For planning and development, the property is part of Unincorporated San Diego County and not the City of El Cajon. Photos were taken prior to the most recent move-ins. Please do not disturb tenants. Seller is a California Real Estate licensee and the listing agent on this transaction.
Renovated single-level duplex in El Cajon with $5,350 in monthly rental income. Room for 10+ cars on-site. Lots of potential in this property. All structures are located on one half of the property's .39 acre lot, leaving lots of room for an ADU or a possible lot split. Zoning is 15 units per acre, so it could also be a candidate for re-development. Buyer to conduct their own investigation. For planning and development, the property is part of Unincorporated San Diego County and not the City of El Cajon. Photos were taken prior to the most recent move-ins. Please do not disturb tenants. Seller is a California Real Estate licensee and the listing agent on this transaction.
2 on 1 horse property with breathtaking views on 3.08 acres! 1st HOME: 2,337 sqft, 3bds/4 baths. 2nd HOME: 1300 sqft, 3bds/2baths. 1st HOME: Beautiful entry wood/glass doors, huge windows in 2 story high living room and 9' ceilings. French doors, fireplaces. Custom kitchen custom cabinets, SS 5-burner gas stove, a double oven with warmer, island with a sink, granite countertops. Dining room features, wet bar, porcelain sink, built-in wine/glass rack. Huge master suite, fireplace, French doors leading to a private balcony, spiral staircase. Custom hardware. See supplement for 2nd HOME. Master bath, porcelain tile floors, granite shower walls, double sink vanitey, spa tub with heated jets. Beautiful wood staircase. Recessed lighting. Skylights. Dual zone HVAC. Dual pane windows. Custom coverings downstairs. Wood window coverings upstairs. Heated pool/spa with water fall. 2nd HOME: Separate address for post office/SDGE. 9' ceilings, fireplace in living room, sliding door leading to private fenced backyard with covered patio, roomy kitchen, western decor bathroom, recessed lighting, master bedroom with sliding door leading to back patio, private bathroom,2 car carport. Separate driveway. Horse facilities: 3 stall shedrow. 2 stall mare motel. 120x40 arena. 4 pastures. Abuts a preserve of open land. Trails nearby. Equestrian center a couple blocks away at South Lane Cnty Park. Sellers are still sprucing up the property. Freeway 4 miles away. Shopping 5 miles away.
Fletcher Hills Four Units in Two duplexes and detached Garages with coin laundry on Cul-de-Sac near Griffin Park and Grossmont High on Murray Hill. Large lot has potential for ADUs subject to city approval. All tenants are long term with good credit and large deposits. GSI over $99K with room for increases. The Four Garages could rent for $250-300 each, owner uses two garages. One unit 1035 is newly upgraded with new bathroom, AC and washer/dryer hookups. Subject to seller's 1031 exchange. Potential seller carryback with large down and excellent buyer credit.
Great 4 unit investment property & upside on rental income! Long term tenants that want to stay and room for rent increases. The property has 3 single story units w a 4th unit upstairs with each unit over 950 sq. ft. Each unit has a 1 car garage, one parking spot and share laundry room in back of property. All units are in good condition and offer fireplaces and new AC units. This complex can be sold with the adjoining 4 unit property next door that shares a courtyard together to comprise a total of 8 units! Great location in the 92019 zip code of El Cajon with high rental demand.
Great 4 unit investment property & upside on rental income! Long term tenants that want to stay and room for rent increases. The property has 3 single story units w a 4th unit upstairs with each unit over 950 sq. ft. Each unit has a 1 car garage, one parking spot and share laundry room in back of property. All units are in good condition and offer fireplaces and new AC units. This complex can be sold with the adjoining 4 unit property next door that shares a courtyard together to comprise a total of 8 units! Great location in the 92019 zip code of El Cajon with high rental demand.
Spacious 3 units with a lot of potential rent upside. Front detached 2/1 home is almost 900 sf which offers an opportunity for owner occupant while the back duplex can produce rents to help with monthly obligations. 2 units in the back are identical and each unit is 2/1 and 900Sf. All 3 units come with laundry hookups. All tenants are long term and month to month.
Spacious 3 units with a lot of potential rent upside. Front detached 2/1 home is almost 900 sf which offers an opportunity for owner occupant while the back duplex can produce rents to help with monthly obligations. 2 units in the back are identical and each unit is 2/1 and 900Sf. All 3 units come with laundry hookups. All tenants are long term and month to month.
Welcome to 743-745 Ballard St., where modern comfort meets classic charm in the heart of El Cajon. This property offers two residences: the first unit features 2 beds and 1 bath, while the second boasts 3 beds and 1 bath. Meticulously renovated, these homes boast stylish finishes and modern amenities throughout. From the newly carpeted bedrooms to the custom-tiled tub/showers, every detail has been carefully considered. Stainless steel appliances, wall A/C, and furnace heat add to the comfort and convenience of these residences. Perfectly situated, this property offers easy access to El Cajon's amenities and attractions. Whether you're an investor seeking rental income or a homeowner looking for a multi-generational living solution, this home presents a unique opportunity to experience the essence of El Cajon living. Don't miss your chance to make this exceptional property yours!
Welcome to 743-745 Ballard St., where modern comfort meets classic charm in the heart of El Cajon. This property offers two residences: the first unit features 2 beds and 1 bath, while the second boasts 3 beds and 1 bath. Meticulously renovated, these homes boast stylish finishes and modern amenities throughout. From the newly carpeted bedrooms to the custom-tiled tub/showers, every detail has been carefully considered. Stainless steel appliances, wall A/C, and furnace heat add to the comfort and convenience of these residences. Perfectly situated, this property offers easy access to El Cajon's amenities and attractions. Whether you're an investor seeking rental income or a homeowner looking for a multi-generational living solution, this home presents a unique opportunity to experience the essence of El Cajon living. Don't miss your chance to make this exceptional property yours!
INVESTMENT OPPORTUNITY, $150,000 PRICE DROP! 3 Detached Homes on 1.2 acres! 2 APN's that are possible to split and sell separately, you could rent all 3, live in one rent the others, ample room to build, the possibilities are endless! Both 1/1's have added square footage to reconfigure into 2/1's. Close to stores, bars, and freeway access, but with the feel of being in the country! Great views from all three detached homes, all with their own laundry hookups! Come take a look for yourself, and let your imagination run wild at this diamond in the ruff El Cajon property.
INVESTMENT OPPORTUNITY, $150,000 PRICE DROP! 3 Detached Homes on 1.2 acres! 2 APN's that are possible to split and sell separately, you could rent all 3, live in one rent the others, ample room to build, the possibilities are endless! Both 1/1's have added square footage to reconfigure into 2/1's. Close to stores, bars, and freeway access, but with the feel of being in the country! Great views from all three detached homes, all with their own laundry hookups! Come take a look for yourself, and let your imagination run wild at this diamond in the ruff El Cajon property.
1122-24 Oro St presents a turn-key duplex investment opportunity, boasting two units, each comprising two bedrooms and two bathrooms. Exterior enhancements encompass new fencing, windows, paint, landscape, and parking lot resurfacing. These generously proportioned units feature practical floor plans, individual hot water heaters, laundry rooms, ample parking, and private outdoor spaces.
1122-24 Oro St presents a turn-key duplex investment opportunity, boasting two units, each comprising two bedrooms and two bathrooms. Exterior enhancements encompass new fencing, windows, paint, landscape, and parking lot resurfacing. These generously proportioned units feature practical floor plans, individual hot water heaters, laundry rooms, ample parking, and private outdoor spaces.
Two beautiful homes offer incredible opportunity on large 1/2 acre lot with rolling slope in the quiet Hillsdale neighborhood of unincorporated El Cajon. Total of 3114sf. Main home is single level with 3bd/2ba, surrounded by mature trees, and mountain vistas. This property is ideal for a larger family to share and still have plenty of privacy and space, or for owner to live in one home and rent the other. Upgrades and features include hardwood floors, new windows, beautiful open kitchen, separate dining room, a formal living room, and huge family room with a 25' stone fireplace! A 2nd new 1200sf home was built in 2019 as an ADU over new 1000sf finished 3 car garage. Current owner occupant uses the 2nd home as working office with climate controlled warehouse . Each home has its driveway with ample parking! New owner could easily convert some of the garage space to a Jr. ADU for a total of 3 living spaces. The front home offers a covered patio at the back with an open lawn area before rising to a hillside and additional flat usable space at rear of lot, with mature landscaping. Hillside is accessible with stairs and currently used for a dog run. SCHOOLS: Valhalla High School is just down the street, a part of highly-rated Grossmont School District! NOTES: The new home above garage is currently a large 1200sf 1bd / 1 ba home with a full kitchen, separate dining area, and vinyl flooring throughout. 2nd bedroom wall was not built by by owner but OWNER WILL FINISH 2nd BEDROOM with acceptable offer. SOLAR: The new home above garage includes owned solar panels installed in 2019 and larger home also has leased solar panels ($145/mo). Buyer must qualify to take over Sun Run lease. A new 200A electrical panel and separate sub-panel serves both homes off of a single meter.
Two beautiful homes offer incredible opportunity on large 1/2 acre lot with rolling slope in the quiet Hillsdale neighborhood of unincorporated El Cajon. Total of 3114sf. Main home is single level with 3bd/2ba, surrounded by mature trees, and mountain vistas. This property is ideal for a larger family to share and still have plenty of privacy and space, or for owner to live in one home and rent the other. Upgrades and features include hardwood floors, new windows, beautiful open kitchen, separate dining room, a formal living room, and huge family room with a 25' stone fireplace! A 2nd new 1200sf home was built in 2019 as an ADU over new 1000sf finished 3 car garage. Current owner occupant uses the 2nd home as working office with climate controlled warehouse . Each home has its driveway with ample parking!
Variance granted 2-4 Units.Fantastic Buy! 2 Houses -Fletcher Hills & Grossmont Area! 3 Br/2BA House & 2 BR/1BA House! Original 2/1 House Totally remodeled in 2015 Newer Kitchen-Baths-windows-Roof! Added Master Bedroom/Bath & Split A/C System to make 3Br/2Ba in 2020-New 2Br/1BA House built 2022 with Solar & prewired for Electric Car Hook Up & Fenced In Rear alley Entrance & parking Area! Great investment as All Rentals or use FHA or VA Loan -Live in one & have A Rental Unit! House Has Own Electric & Gas Meter-ADU has own Electric Meter & Solar Panels which are installed on main house-One water Meter for property! Across street from Elementary School. Zoned both Residential & Limited Commercial. Perfect starter for a family or 2 families or profitable rental units (Verify with County first -But Possibly can be some kind of Front Business office or keep as current owner occupied and/or residential Rental income units). In 2015 main original 2 Br/1Ba house Had Kitchen & bath completely refurbished-top line cabinets, quartz counter tops, newer appliances & beautiful tile shower & New vinyl windows throughout & Brand new roof.
Courtesy: Casas Advisors
Proud to present 4 unit Multifamily property located in up and coming city El Cajon. This property has four 1 bedroom and 1 bathroom units ranging from 500-600 sq/ft each with assigned parking spot. The property is conveniently located just blocks from shopping center, restaurants and parks and the Magnolia Venue. Call Co-List agent for some interior pics. Gross income based on Proforma rents of $1,720/Door. Buyer and buyer's agent to verify all the information.
El Cajon is located in California. El Cajon, California has a population of 103,314. El Cajon is more family-centric than the surrounding county with 35.38% of the households containing married families with children. The county average for households married with children is 34.63%.
The median household income in El Cajon, California is $49,445. The median household income for the surrounding county is $70,588 compared to the national median of $57,652. The median age of people living in El Cajon is 33.8 years.
The average high temperature in July is 91 degrees, with an average low temperature in January of 40.9 degrees. The average rainfall is approximately 13.9 inches per year, with 0 inches of snow per year.
