350 W Washington Avenue, El Cajon, CA 92020 (MLS # PTP2500188)
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GREAT INVESTMENT OPPPORTUNITY!!! PRICE RANGE $899,999 - $959,000 SERIOUS BUYERS ONLY!! This versatile property, situated on a generous 6,484 sq. ft. lot, offers the perfect blend of functionality and income potential. With three separate residences, this is an ideal opportunity for homeowners and investors alike. The main house is a charming 3-bedroom, 1-bathroom home, perfect for owner occupancy or as an additional rental property. Behind the main home, two fully detached accessory dwelling units provide additional income streams: a beautifully renovated 1-bedroom, 1-bathroom unit and a stylish, newly updated studio. Both dwellings have been meticulously upgraded to appeal to tenants, boasting modern finishes and a welcoming atmosphere. Whether you choose to live in the front house and rent out the other two dwellings or lease all three dwellings, this property offers tremendous flexibility and the potential for significant monthly income. One of the standout features of this property is its fully paid solar system, dramatically reducing utility costs for both you and your tenants. This eco-friendly upgrade not only enhances energy efficiency but also increases the property’s value and appeal. Whether you’re an investor seeking strong cash flow or a homeowner looking to offset your mortgage with rental income, this property delivers on all fronts. With its prime location, updated interiors, and incredible earning potential, this is a rare opportunity you won’t want to miss.
| DAYS ON MARKET | 30 | LAST UPDATED | 1/22/2025 |
|---|---|---|---|
| YEAR BUILT | 1951 | COMMUNITY | El Cajon |
| GARAGE SPACES | 3.0 | COUNTY | San Diego |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| School District | La Mesa-Spring Valley |
|---|
| PRICE HISTORY | |
| Prior to Jan 22, '25 | $1,045,000 |
|---|---|
| Jan 22, '25 - Today | $959,000 |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | El Cajon |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HOA DUES | 0 |
| INTERIOR | All Bedrooms Down |
| LOT | 6534 sq ft |
| LOT DESCRIPTION | Street Level |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood |
| WATER | See Remarks |
| ZONING | R-1 |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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