350 W Washington AVE new Save Request In-Person Tour Request Virtual Tour
El Cajon,CA 92020
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,347 sqft
Price per Sqft $445
MLS Listing ID PTP2500188
Bedrooms 5
Full Baths 3
Year Built 1951
Lot Size 6,534 Sqft
Property Description
GREAT INVESTMENT OPPPORTUNITY!!! SELLERS VERY MOTIVATED. PRICE RANGE $945,000 - $1,045,000 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 (ADUs) provide additional income streams: a beautifully renovated 1-bedroom, 1-bathroom unit and a stylish, newly updated studio. Both ADUs 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 ADUs or lease all three units, 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.
Location
State CA
County San Diego
Area 92020 - El Cajon
Zoning R-1
Interior
Cooling Wall/Window Unit(s)
Fireplaces Type Family Room
Inclusions All appliances convey
Laundry Inside
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Street Lights,Suburban,Sidewalks
View Y/N Yes
View Neighborhood
Building
Lot Description Street Level
Story 1
Sewer Public Sewer
Water See Remarks
New Construction No
Schools
School District La Mesa-Spring Valley
Others
Acceptable Financing Cash,Conventional,1031 Exchange
Listing Terms Cash,Conventional,1031 Exchange
Special Listing Condition Standard