Seller's Agent in 2025
Dustyn Evans
Coldwell Banker Realty
(760) 994-6430
17 Total Sales
538 S Johnson Ave El Cajon, CA 92020
12
Beds
8
Baths
4,840
Sq Ft
9,148
Sq Ft Lot
Highlights
- Lawn
- No HOA
- Central Air
- Grossmont High School Rated A-
- Laundry Room
- No Heating
About This Home
As of November 2025Great investment opportunity in this four-unit gated complex. Each unit offers a spacious three-bedroom, two-bathroom layout of approximately 1,200 square feet, with two units downstairs and two upstairs. The property includes eight parking spaces, two per unit, and a shared on-site laundry room for added tenant convenience. Each kitchen features a dishwasher, garbage disposal, refrigerator, and range, with some units upgraded with new carpet and vinyl flooring. All units have central air conditioning and heat, and the building exterior was fully repainted last year. Ideally situated just minutes from downtown El Cajon, Parkway Plaza shopping center, local restaurants, schools, and major freeways (I-8 and 67), this property offers consistent rental demand and convenience for tenants. Current total rents are $8,675 per month, providing stable income with potential for future growth through light updates and rent optimization.
Last Agent to Sell the Property
Coldwell Banker Realty Brokerage Phone: 619-322-0326 License #02072664 Listed on: 10/08/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1979
Lot Details
- 9,148 Sq Ft Lot
- Two or More Common Walls
- Lawn
Home Design
- Quadruplex
- Entry on the 2nd floor
Interior Spaces
- 4,840 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 12 Bedrooms
- 8 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
- Parking Available
- Driveway
- Off-Street Parking
- Assigned Parking
Utilities
- Central Air
- No Heating
Listing and Financial Details
- Tax Lot 487-532-23-00
- Tax Tract Number 2098
- Assessor Parcel Number 4875322300
- $2,583 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- Electric Expense $1,500
- Fuel Expense $1,500
- Insurance Expense $3,000
- Pest Control $70
- Trash Expense $300
- Water Sewer Expense $300
- Operating Expense $20,570
- Gross Income $104,100
- Net Operating Income $74,821
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Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/17/2025 11/17/25 | Sold | $1,500,000 | -1.6% | $310 / Sq Ft |
| 10/14/2025 10/14/25 | Pending | -- | -- | -- |
| 10/08/2025 10/08/25 | For Sale | $1,525,000 | -- | $315 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,872 | $533,510 | $183,963 | $349,547 |
| 2024 | $8,872 | $523,050 | $180,356 | $342,694 |
| 2023 | $9,076 | $512,795 | $176,820 | $335,975 |
| 2022 | $8,638 | $502,741 | $173,353 | $329,388 |
| 2021 | $9,896 | $492,884 | $169,954 | $322,930 |
| 2020 | $7,724 | $487,831 | $168,212 | $319,619 |
| 2019 | $5,891 | $478,266 | $164,914 | $313,352 |
| 2018 | $5,796 | $468,889 | $161,681 | $307,208 |
| 2017 | $5,721 | $459,696 | $158,511 | $301,185 |
| 2016 | $5,493 | $450,683 | $155,403 | $295,280 |
| 2015 | $5,465 | $443,914 | $153,069 | $290,845 |
| 2014 | $5,360 | $435,219 | $150,071 | $285,148 |
Source: Public Records
Agents Affiliated with this Home
-
Dustyn Evans
-
Robin Borrelli
Seller Co-Listing Agent in 2025
Robin Borrelli
Coldwell Banker Realty
(619) 368-9373
11 Total Sales
-
Dalia Hirmez
Buyer's Agent in 2025
Dalia Hirmez
Coldwell Banker West
(619) 250-9005
132 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PTP2507668
APN: 487-532-23-00
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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