Description
Discover a turnkey investment opportunity in the heart of el cajon. this fully renovated fourplex features a strong unit mix, including one 3-bedroom, 1.5-bath unit, two 2-bedroom, 1-bath units, and one 1-bedroom, 1-bath unit. situated on an 8,276 square foot lot, the property offers 3,204 square feet of total living space, on-site laundry, and dedicated parking for tenants. currently generating $8,485 per month in rental income, this asset is ideal for investors seeking a stabilized property for a 1031 exchange or for owner-occupants looking to use a va loan with 0% down or conventional financing with as little as 5% down. offering a 5% cap rate and a grm of 14 based on current rents, this property presents a rare opportunity to secure a high-performing, low-maintenance investment in a growing rental market. whether you're house hacking or expanding your portfolio, 803 n 3rd street delivers both immediate cash flow and long-term upside.
Property Type
Residential IncomeCounty
San DiegoStyle
Residential IncomeAD ID
50007780
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Property Details
-
Interior Features
Bathroom Information
- Total Baths: 0
Interior Features
- Roof : Composition
- Property Appliances: Gas Water Heater
Cooling Features
- None
- Air Conditioning
Heating Source
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1973
- Roof: Composition
Pool Features
- None
Fencing
- Partial
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Source: Assessor
-
Listing Information
Listing Price Information
- Original List Price: 1,445,000
- Listing Contract Date: 2025-05-30
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 5073103600
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity,Gas,Sewer
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 92021 - El Cajon
- Directions: CrossStreet: Broadway
- Source Property Type: Residential Income
- Area: 92021 - El Cajon
Building and Construction
- Property Age: 52
- Year Built Source: Vendor Enhanced
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 06/13/2025 @ 23:14
- MLS: 250029017SD
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 0 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.