$1,225,000
PENDING

653 Avocado Ave El Cajon, CA 92020

El Cajon Area

Estimated payment $7,495/month

Total Views 517
3 Beds
3 Baths
3,470 Sq Ft
$353 Price per Sq Ft

Highlights

  • Private Yard
  • Laundry Room
  • Level Lot
  • No HOA
  • Landscaped
  • No Heating

About This Home

are four-unit investment opportunity in a highly accessible El Cajon location with both immediate income and future upside potential. The property consists of a renovated front residence featuring 4 bedrooms and 3 bathrooms, along with a separate rear building containing three additional residential units. The front home has undergone significant improvements, including an interior remodel, updated paint, and dual-pane windows, providing an attractive living environment for owner-occupants or tenants alike. The residence also includes its own private washer and dryer. The rear building offers three additional units and includes a convenient coin-operated laundry facility, creating an additional income stream for ownership. A storage shed located on the property provides further utility for tenants or property management operations. Situated on a spacious lot in a central El Cajon location, the property is conveniently located near shopping, restaurants, schools, transportation corridors, and major employment centers. Beyond the current income potential, the property may offer future value-add opportunities through additional development, including the potential addition of ADUs or other improvements, subject to buyer verification and municipal approval. Whether seeking a long-term buy-and-hold asset, an owner-occupant investment, or a property with future development potential, 653 Avocado Avenue offers a compelling combination of cash flow, recent improvements, and upside opportunity.

Listing Agent

Mike Shenkman

Real Broker Brokerage Email: mike@coastlinesandiego.com License #01460198 Listed on: 06/26/2026

Real Broker

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 10,019 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Level Lot
  • Private Yard
  • Lawn

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 3,470 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Additional Features

  • Rain Gutters
  • Urban Location
  • No Heating

Listing and Financial Details

  • Tax Lot 03001
  • Tax Tract Number 1173
  • Assessor Parcel Number 4883333000
  • $3,585 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,600
  • Trash Expense $3,332
  • Operating Expense $24,686
  • Gross Income $87,600
  • Net Operating Income $62,914

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Assessments: No
  • CapRate: 5.00
  • Property Attached: Yes
  • View: No
  • Zoning: R-3:RESTRICTED MULTIPLE
  • Property Type: Residential Income
  • Parcel Number: 4883333000
  • Year Built: 1968
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 353.03

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Individual Room, Gas & Electric Dryer Hookup, Community
  • Sewer: Public Sewer
  • Trash Expense: 3332.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Urban

Lot Info

  • Land Lease: No
  • Lot Features: Level with Street, Landscaped, Level, Yard, Lawn
  • Lot Size Sq Ft: 10018.80
  • Lot Size Acres: 0.2300

Multi Family

  • Gross Income: 87600.00
  • Gross Operating Income: 87600.00
  • Gross Scheduled Income: 87600.00
  • Insurance Expense: 3600.00
  • Lot Size Area: 0.2300 Acres
  • Net Operating Income: 62914.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Disposal: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 24686.00
  • Rent Control: No
  • Total Actual Rent: 7250.00
  • Total Expenses: 24686.00

Tax Info

  • Tax Lot: 03001
  • Tax Tract Number: 001173
  • TaxOtherAnnualAssessmentAmount: 3585.42

Map

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $11,926 $726,456 $287,579 $438,877
2025 $11,926 $712,213 $281,941 $430,272
2024 $11,477 $698,249 $276,413 $421,836
2023 $14,181 $684,559 $270,994 $413,565
2022 $11,866 $671,137 $265,681 $405,456
2021 $10,872 $657,978 $260,472 $397,506
2020 $10,563 $651,233 $257,802 $393,431
2019 $7,837 $638,465 $252,748 $385,717
2018 $7,710 $625,947 $247,793 $378,154
2017 $30 $613,675 $242,935 $370,740
2016 $7,308 $601,643 $238,172 $363,471
2015 $7,271 $592,607 $234,595 $358,012
2014 $7,151 $581,000 $230,000 $351,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/17/2026 07/17/26 For Sale $1,225,000 0.0% $353 / Sq Ft
07/03/2026 07/03/26 Pending -- -- --
06/27/2026 06/27/26 Pending -- -- --
06/26/2026 06/26/26 For Sale $1,225,000 -- $353 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $581,000 First American Title
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- --
Grant Deed $490,000 Commonwealth Land Title Co
Interfamily Deed Transfer -- --
Deed $307,000 --
Deed $285,000 --
Deed $160,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $355,000 New Conventional
Closed $406,700 Commercial
Closed $406,700 Commercial
Previous Owner $300,000 Commercial
Previous Owner $304,500 Commercial
Previous Owner $367,500 Commercial
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2604873

California Regional Multiple Listing Service (CRMLS)

APN: 488-333-30-00

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