- $1.4M Price
- 8 Beds
- 4 Baths
803 N 3rd Street
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.
Essential Information
- MLS® #250029017
- Price$1,445,000
- Bedrooms8
- Bathrooms4.00
- Acres0.00
- Year Built1973
- TypeResidential Income
- StatusACTIVE
Community Information
- Address803 N 3rd Street
- AreaEL CAJON (92021)
- SubdivisionEl Cajon
- CityEL CAJON
- CountySan Diego
- StateCA
- Zip Code92021
Amenities
- PoolN/K
Interior
- CoolingN/K
- # of Stories2
Exterior
- ExteriorStucco
- RoofComposition
Additional Information
- Date ListedMay 30th, 2025
Listing Details
- OfficeCompass
Compass.
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Listing information last updated on June 25th, 2025 at 12:46pm PDT.