El Cajon, CA 92020,538 S Johnson Avenue
Listed by Dustyn Evans • Coldwell Banker Realty
Bought with Dalia Hirmez • Keller Williams Realty

$1,500,000

$1,525,000

1.6%
Est.Price: ?

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Est. payment /mo

4,840 SqFt


SOLD DATE : 11/17/2025

Key Details

Sold Price $1,500,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 4,840 sqft

Price per Sqft $309

MLS Listing ID CRPTP2507668

Sold Date 11/17/25

HOA Y/N No

Year Built 1979

Lot Size 9,147 Sqft

Property Sub-Type Quadruplex

Source Datashare California Regional

Property Description

Great 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.

Location

State CA

County San Diego

Interior

Cooling Central Air

Fireplace No

Laundry Common Area

Building

Lot Description Other

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Bay East Association of Realtors

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Paul LeJoy
Paul LeJoy

Broker-Owner | Lic# 01467744

+1(510) 299-0093

34906 Newark Blvd, Newark, CA

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