CA > El Cajon > El Cajon
El Cajon, CA 92021,803 N 3rd Street
El Cajon, CA 92021,803 N 3rd Street
El Cajon, CA 92021,803 N 3rd Street
El Cajon, CA 92021,803 N 3rd Street
El Cajon, CA 92021,803 N 3rd Street
El Cajon, CA 92021,803 N 3rd Street
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Woody Henderson

Woody Henderson

+1(619) 850-5432
$ 1,445,000
Est. payment | /mo

8 Beds

5 Baths

575 SqFt

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$ 1,445,000
Est. payment | /mo
Save Video Tour

8 Beds

5 Baths

575 SqFt

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 575 sqft

Price per Sqft $2,513

Subdivision El Cajon

MLS Listing ID 250029017

Bedrooms 8

Full Baths 4

Half Baths 1

HOA Y/N No

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 $8,485 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

Community El Cajon

Area El Cajon (92021)

Exterior

Exterior Feature Stucco

Parking Features Unit1:N/K Unit2:N/K Unit3:N/K Unit4:N/K

Fence Partial

Roof Type Composition

Building

Story 2

Lot Size Range 7500-10889 SF

Sewer Sewer Connected

Water Meter on Property

Level or Stories 2 Story

Others

Acceptable Financing Cash, Conventional, Exchange, VA

Space Rent $1,700

Listing Terms Cash, Conventional, Exchange, VA

San Diego Regional MLS (SDMLS)
Listed by Twana Rasoul • Compass
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(619) 850-5432

woody@woodyhenderson.com

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803 N 3rd Street