$1,390,000

306-10 Richardson Ave El Cajon, CA 92020

Estimated payment $8,906/month

Total Views 5,240
5 Beds
5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Gated Home
  • Wood Siding
  • 1-Story Property
  • Grossmont High School Rated A

About This Home

Investor opportunity in central El Cajon! This well-maintained Tri-plex offers two spacious units and one spacious studio totaling over 2,000 sq ft on a generous 8,193 sq ft lot zoned R-2. The front unit features 2 bedrooms/2 bathrooms with a fenced yard and fireplace. The rear units, built in 1990, includes 2 bedrooms/2 bathroom and a studio. Additional amenities include two single-car garages, on-site laundry, and separate gas & electric meters. Located near schools, shopping, and dining, this property is perfect for owner-occupants or investors seeking rental income.

Listing Agent

Christopher Turnbow

Christopher Turnbow, Broker License #02157589 Listed on: 05/28/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1990

Home Design

  • Wood Siding

Additional Features

  • 1-Story Property
  • Gated Home

Listing and Financial Details

  • Assessor Parcel Number 487-311-17-00

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Net Operating Income $54,210

Property Details

Home Type

Multi-Family

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: palm ave
  • Neighborhood: El cajon
  • Stories: 1 Story
  • Total Stories: 1
  • Year Built: 1990
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood
  • Fencing: Gate

Condo/Co-op/Association

  • Community: EAST SAN DIEGO

Lot Info

  • Lot Size: 0 (Common Interest)
  • Assessor Parcel Number: 487-311-17-00

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 54210
  • Annual Expense Actual: 29190
  • Gross Rent Multiplier Actual: 16.6
  • Gross Sched Income Actual: 6950
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 For Sale $1,390,000 -- --
Source: San Diego MLS

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Source: San Diego MLS

MLS Number: 250028646

San Diego MLS