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.
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
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
653 Avocado Avenue Market Data
Based on the last 30 days in this zip code
653 Avocado Avenue History
| Date | Value | Agent |
|---|---|---|
| 6/26/2026Source: CRMLS | June 26, 2026 |
Contact Information: [email protected] - 855-450-0442