Real Broker
Listed by Real Broker
$1,225,000
653 Avocado Avenue
Details
APN 4883333000
Property Type Multifamily
Sub Type Apartment Building
Units 4
Cap Rate 5.00%
Buildings 2
Acreage 0.230
Zoning Assessor
Multifamily | 5.00% CAP | 4 Units
Marketing description
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.
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Zoning
RM-2500 ResidentialMulti FamilyResidential Multifamily 2500 Square Foot
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View all 47 uses Last updated May 9, 2026 For deeper zoning details, reports are available at Zoneomics
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