Movoto Real Estate

653 Avocado Ave, El Cajon, CA 92020

  • $1,225,000

  • bed

  • bath

Multi-family for sale 2 hours
Movoto is helping 63 homebuyers near you

About 653 Avocado Ave

Property type Multi-family
Year built 1968
HOA fee $0/month
Lot size 10,019 Sqft
Movoto estimate
Rental estimate
Property description
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.
Listed by
Listing Agent - Mike Shenkman
Listing Agent Contact: Mike@coastlinesandiego.com
Listing Office - Real Broker
Source: CRMLS mls logo
MLS#PTP2604873 • last updated 7 hours ago
Movoto checked CRMLS for data 3 minutes ago
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Overview
Type Residential Income
Virtual Tour External Link
Status Active
Lot Size (Acres) 0.23
Lot Size (SqFt) 10018.8
Year Built 1968
Interior
Exterior
Building Area 3470
Lot Description Level With Street, Landscaped, Level, Yard, Lawn
Amenities / Utilities
Sewer/ Septic Public Sewer
Pool None
Location
County San Diego
Community Features Gutters, Urban
Neighborhood El Cajon
Zoning R-3:RESTRICTED MULTIPLE
Directions Washington To Avocado, North On Avocado, Property On East Of Avocado
APN 4883333000
Multifamily Details
Expense: Trash 3332
Operating Expense 24686
Cap Rate 5
Expense: Insurance 3600
Total Expenses 24686
Gross Income 87600
Gross Operating Income 87600
Gross Scheduled Income 87600
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Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
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  • 92020
  • 653 Avocado Ave

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 6/25/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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