350 W Washington Avenue, El Cajon, CA 92020

$1,045,000 Asking Price

5 beds
3 baths
2,347  sqft
Built in 1951

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 propertys value and appeal. Whether youre 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 wont want to miss.

Features & Amenities

Interior

Laundry:
Inside
A/C:
Wall/Window
Fireplace:
FP in Family Room

Exterior

Pool:
N/K
Parking:
Parking spaces: 6

Construction

General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
CR Paragon
County:
San Diego

Lot

Topography:
Level
Zoning:
R-1, 4875522800
View:
Neighborhood

Utilities

Water:
Other/Remarks
Sewer:
Public Sewer

Financial

Source:
CR Paragon

This listing courtesy of:
Coldwell Banker West, Chantelle Helbert

About El Cajon, CA

Housing

Number of Units
62,970
Median Home Value
$514,323
Median Rent
$1,416

46.89% of housing units are renter occupied.

3.22% are vacant.

Commute

Car
69.52%
Public Transportation
2.28%
Walk to Work
1.37%
Work from Home
25.71%
Other
0.70%

The median travel time to work is 22 minutes.

People

Population
176,798
Median Age
37.10
Median Household Size
3.06

Education

High School
26.22%
Associate’s Degree
8.51%
Bachelor’s Degree
17.10%
Graduate Degree
8.87%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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