$1,195,000
$105K PRICE DROP

855 Franklin Ave Unit 57 El Cajon, CA 92020

Estimated payment $6,759/month

Total Views 2,544
5 Beds
4 Baths
2,225 Sq Ft
$537 Price per Sq Ft

Highlights

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

About This Home

We are pleased to offer for sale 855 Franklin Avenue, a residential community consisting of two updated detached Single Family Homes in the heart of El Cajon. 855 Franklin consists of a renovated 3-bedroom/2-bathroom house and a lightly updated 2-bedroom/2-bathroom house. Each home has their own private yards, parking, entrances and laundry and truly live as individual single family homes. This offering delivers immediate income potential with the added potential of future development of ADU’s on the over-sized lot, without eliminating any existing parking. This property’s prime location in El Cajon is a major draw for tenants, ensuring consistent rental demand. The property offers convenient access to major freeways (e.g., I-8), public transportation, shopping centers, and dining options, making daily life easy and convenient. Residents enjoy proximity to parks, schools, and recreational facilities, providing a high quality of life. El Cajon is known for its friendly neighborhoods, diverse community, and welcoming atmosphere, attracting long-term tenants. The area also benefits from proximity to employment centers and major employers within the San Diego region, further bolstering tenant demand.

Listing Agent

Nate Pepper

CBRE License #01993739 Listed on: 03/09/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 7,434 Sq Ft Lot
  • Gated Home
  • Property is Fully Fenced

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 5 Bedrooms
  • 2,225 Sq Ft Home
  • 1-Story Property

Utilities

  • Cooling System Mounted To A Wall/Window

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • El Cajon Community
  • El Cajon Subdivision

Building Details

  • Operating Expense $20,127

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

7,434 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1952
  • Unit Levels: 1 Story
  • Property Sub Type: Res Income 2-4 Units
  • Security Features: Other/Remarks
  • CapRate: 4.29
  • Co List Office Mls Id: 4473
  • Subdivision Name: EL CAJON
  • BuildingName: El Cajon
  • FeedTypes: IDX
  • RFModificationTimestamp: 2026-04-02T21:01:38Z
  • AgeRestrictions: N/K
  • FullAddress: 855 Franklin Avenue
  • ShortSale: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Total Bedrooms: 5

Exterior Features

  • Fencing: Full, Gate
  • Roof: Composition
  • Construction Type: Stucco

Utilities

  • Cooling: Wall/Window

Lot Info

  • Lot Size Sq Ft: 7434.0

Rental Info

  • Tenant Pays: Water, Electricity, Gas/Propane, Hot Water

Multi Family

  • Number Of Buildings: 2
  • Number Of Units Total: 2
  • Annual Operating Expense: 20127.0

Map

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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 $3,892 $611,999 $320,570 $291,429
2024 $3,892 $265,740 $139,197 $126,543
2023 $4,628 $260,530 $136,468 $124,062
2022 $4,418 $255,423 $133,793 $121,630
2021 $4,587 $250,416 $131,170 $119,246
2020 $4,215 $247,850 $129,826 $118,024
2019 $3,004 $242,991 $127,281 $115,710
2018 $2,956 $238,228 $124,786 $113,442
2017 $32 $233,558 $122,340 $111,218
2016 $2,802 $228,980 $119,942 $109,038
2015 $2,920 $225,542 $118,141 $107,401
2014 $2,735 $221,125 $115,827 $105,298
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2026 04/02/26 Price Changed $1,195,000 -8.1% $537 / Sq Ft
03/09/2026 03/09/26 For Sale $1,300,000 -- $584 / Sq Ft
Source: San Diego MLS

Source: San Diego MLS

MLS Number: 260005493

San Diego MLS

APN: 487-512-05-00

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