19
See all 19 photos
$1,399,000
Est. payment /mo
8 Beds
5.5 Baths
Price Dropped by $46K
803 N 3rd Street El Cajon, CA 92021
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision El Cajon
MLS Listing ID 250029017
Bedrooms 8
Half Baths 1
Year Built 1973
Property Sub-Type Res Income 2-4 Units
Property Description
Discover a turnkey investment opportunity in the heart of El Cajon. This fully renovated fourplex features a strong unit mix, including one 3-bedroom, 1.5-bath unit, two 2-bedroom, 1-bath units, and one 1-bedroom, 1-bath unit. Situated on an 8,276 square foot lot, the property offers 3,204 square feet of total living space, on-site laundry, and dedicated parking for tenants. Currently generating $8,580 per month in rental income, this asset is ideal for investors seeking a stabilized property for a 1031 exchange or for owner-occupants looking to use a VA loan with 0% down or conventional financing with as little as 5% down. Offering a 5% cap rate and a GRM of 14 based on current rents, this property presents a rare opportunity to secure a high-performing, low-maintenance investment in a growing rental market. Whether you're house hacking or expanding your portfolio, 803 N 3rd Street delivers both immediate cash flow and long-term upside.
Location
State CA
County San Diego
Area East County
Interior
Fireplace No
Exterior
Fence Partial
Utilities Available Sewer Connected
View Y/N No
Water Access Desc Meter on Property
Roof Type Composition
Building
Story 2
Water Meter on Property
Level or Stories 2
Others
Tax ID 507-310-36-00
Virtual Tour https://www.propertypanorama.com/instaview/snd/250029017
Listed by Twana Rasoul Compass
GET MORE INFORMATION
QUICK SEARCH