350 W Washington Avenue

El Cajon, CA 92020

$1,045,000

List Price

5

bed Beds

3

shower Baths

2,347 sqft

straighten / sqft

1951

calendar_month Built

Property Description

GREAT INVESTMENT OPPPORTUNITY!!! SELLERS VERY MOTIVATED. PRICE RANGE $945,000 - $1,045,000 SERIOUS BUYERS ONLY!! This versatile property, situated on a generous 6,484 sq. ft. lot, offers the perfect blend of functionality and income potential. With three separate residences, this is an ideal opportunity for homeowners and investors alike. The main house is a charming 3-bedroom, 1-bathroom home, perfect for owner occupancy or as an additional rental property. Behind the main home, two fully detached accessory dwelling units (ADUs) provide additional income streams: a beautifully renovated 1-bedroom, 1-bathroom unit and a stylish, newly updated studio. Both ADUs have been meticulously upgraded to appeal to tenants, boasting modern finishes and a welcoming atmosphere. Whether you choose to live in the front house and rent out the ADUs or lease all three units, this property offers tremendous flexibility and the potential for significant monthly income. One of the standout features of this property is its fully paid solar system, dramatically reducing utility costs for both you and your tenants. This eco-friendly upgrade not only enhances energy efficiency but also increases the property’s value and appeal. Whether you’re an investor seeking strong cash flow or a homeowner looking to offset your mortgage with rental income, this property delivers on all fronts. With its prime location, updated interiors, and incredible earning potential, this is a rare opportunity you won’t want to miss.

Listing Information

List Price $1,045,000
Status Active
MLS PTP2500188
HOA $0
Type Residential
Subtype Single Family Residence
Year Built 1951
Lot Size 6,534
Structure Size 2,347
Courtesy Of Coldwell Banker West
Listing Agent Chantelle Helbert DRE#02207747
Co-Listing Agent Carla Aaron DRE#02131302

Interior Features

Laundry Information
Location(s) Inside
Bedroom Information
Features All Bedrooms Down
Total Bedroom
Bedrooms 5
Total Bathroom
Bathrooms 3
Fireplace Information
Features Family Room
Additional Information
Additional Features All Bedrooms Down
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: Chantelle Helbert, Carla Aaron, Coldwell Banker West 757-478-0599. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 8th, 2025 at 8:07 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.