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.
Sold for $1,500,000
Zillow last checked:
Listing updated:
Bought with:
Dalia Hirmez, DRE #01399412
Keller Williams Realty
Source: CRMLS,MLS#: PTP2507668
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)Price history
| Date | Event | Price |
|---|---|---|
| 11/17/2025 | Sold | $1,500,000-1.6%$310/sqft |
Source:  CRMLS #PTP2507668 Report a problem | ||
| 10/15/2025 | Pending sale | $1,525,000$315/sqft |
Source: CRMLS #PTP2507668 Report a problem | ||
| 10/8/2025 | Listed for sale | $1,525,000$315/sqft |
Source: CRMLS #PTP2507668 Report a problem | ||
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Estimated market value
$1,507,500
