803 N 3Rd Street, El CAjon, CA 92021 - Berkshire Hathaway HomeServices California Properties
803 N 3rd Street El Cajon, CA 92021
$1,445,000 8 beds, 5 baths
3, 204 sqft

Agent Remarks

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.

Listing Details

Property type: 2-4 Units (Multi-family)
Status: ACTIVE
MLS# 250029017
List price is $1,445,000
Beds: 8
Baths: 5 (4 full) (1 half)
Built in 1973
3,204 sqft
2 stories
Lot size: 7,500-10,889 SF
Topography: Level
County: San Diego
Exterior features: Stucco
MLS area: EL CAJON (92021)

Last Updated: 5/30/2025

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This listing belongs to the EL CAJON (92021) MLS area

Lat/Long: 32.805283, -116.926644.
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Listing Agent: Twana Rasoul
Co Listing Agent: Hana A Rasoul
Lic#: 01234982
Office Name: Mission Viejo

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