653 Avocado AvenueEl Cajon, CA 92020

Multi-Family · 3,470 Sq. ft. | 0.23 Acres
$1,225,000 Active

653 Avocado Avenue Overview

Time on Site:
3 days
Visits:
0

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.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

653 Avocado Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,470
  • Price/Sq.ft. $353
  • Lot 0.23 Acres

Details

General

Association/HOA

  • Association: No

Income/Expenses

  • Gross Income: 87600.0
  • Gross Scheduled Income: 87600.0
  • Insurance Expense: 3600.0
  • Net Operating Income: 62914.0
  • Operating Expense: 24686.0
  • Trash Expense: 3332.0

Building Information

  • Year Built: 1968

Location/Region

  • County Or Parish: San Diego
  • MLS Area Major: 92020 - El Cajon
  • Postal City: EL CAJON

Community/Development

  • Community Features: Gutter(s),Urban

Rent/Lease Information

  • Land Lease: No

General Information

  • Listing Terms: Cash,Conventional,1031 Exchange,Fannie Mae,Freddie Mac,USDA Loan,VA Loan
  • Parcel Number: 4883333000
  • Property Type: Residential Income
  • Rent Control: No
  • Senior Community: No
  • Special Listing Conditions: Standard
  • Zoning: R-3:RESTRICTED MULTIPLE

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Total: 3470.0

General Information

  • Common Walls: 2+ Common Walls
  • Cooling: No
  • Entry Level: 1
  • Entry Location: front
  • Fireplace: No
  • Heating: No
  • Laundry Features: Common Area,Electric Dryer Hookup,Gas Dryer Hookup,Laundry Room,See Remarks
  • Spa: No
  • Stories Total: 2

Exterior

Lot Information

  • Lot Features: Lawn,Landscaped,Level,Street Level,Yard
  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 10018.8
  • Lot Size Units: Acres
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Waterfront/View

  • View: No

Building Exterior/Construction

  • Property Attached: Yes

General Information

  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Pool Features: None
  • Pool Private: No
  • Sewer: Public Sewer

653 Avocado Avenue Neighborhood

Community

92020 (EL CAJON) Demographics

36
Median Age
5,189
Population Density (per sq. mile)
33%
College Educated
$61,830
Estimated Median Income
8,053
Estimated Total Home Owners
10,979
Estimated Total Renters
42% / 58%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

653 Avocado Avenue Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

653 Avocado Avenue Market Data

Based on the last 30 days in this zip code

$816,179
Average List Price
$499
Average Price per Square Foot
20
Properties Sold
65
Average Days on Market
149
Properties for Sale
Calculations provided by Reliance Network

653 Avocado Avenue History

Date Event Value Agent
6/26/2026Source: CRMLS Added to Database
June 26, 2026
Listing provided courtesy of Real BrokerMike Shenkman- MLS# PTP2604873MLS ProviderContact Information: [email protected] - 855-450-0442
Cookie Button: