1156 E Washington Ave, El Cajon, CA 92019

Property Description

4-Unit Investment Opportunity with Owner-Occupant Potential in El Cajon! Rare opportunity to own a well-positioned 4-unit property in El Cajon, featuring four single story, 805 sq. ft. units, each with its own private yard, A/C, and two dedicated parking spaces. With one unit becoming vacant, this property offers an excellent opportunity for an owner-occupant to live in one unit while generating rental income from the other three—an attractive option for buyers looking to offset their housing costs while building long-term investment value. Located along Washington Avenue, the property offers convenient access to everyday amenities, including laundromats, shopping centers, restaurants, schools, churches, and other neighborhood conveniences, with many amenities located within approximately one mile. For investors looking to expand the property's potential, there may also be an opportunity to add two additional units, subject to obtaining the necessary City approvals and permits. The seller is willing to provide previously prepared plans that were reviewed and approved by an architect for the proposed additional units. Whether you're looking for an owner-occupied investment, a multi-unit income property, or an opportunity to further maximize the property's potential, 1156 E Washington Ave offers a versatile investment opportunity in a convenient El Cajon location.