Great investment opportunity in this four-unit gated complex. Each unit offers a spacious three-bedroom, two-bathroom layout of approximately 1,200 square feet, with two units downstairs and two upstairs. The property includes eight parking spaces, two per unit, and a shared on-site laundry room for added tenant convenience. Each kitchen features a dishwasher, garbage disposal, refrigerator, and range, with some units upgraded with new carpet and vinyl flooring. All units have central air conditioning and heat, and the building exterior was fully repainted last year. Ideally situated just minutes from downtown El Cajon, Parkway Plaza shopping center, local restaurants, schools, and major freeways (I-8 and 67), this property offers consistent rental demand and convenience for tenants. Current total rents are $8,675 per month, providing stable income with potential for future growth through light updates and rent optimization.
MLS #
CRPTP2507668
MLS Source
California Regional MLS
Laundry
Community Facility
Cooling
Central Forced Air
Pool
None
Garage/Parking
Assigned Spaces, Common Parking Area, Off-Street Parking, Other, Garage: 0 Car(s)
HOA Fee
$0
Listing Agent
Dustyn Evans
Coldwell Banker Realty
License #: 02072664
Phone: (619) 322-0326
Co-Listing Agent
Robin Borrelli
Coldwell Banker Realty
License #: 01207280
Phone: (619) 368-9373
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 4 | 4 |
538 S Johnson Ave is a Residential Income in El Cajon, CA 92020. This – square foot property sits on a 0 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,500,000 and was built in 1979. This address can also be written as 538 S Johnson Ave, El Cajon, CA 92020.
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This listing information is up-to-date as of November 17, 2025. For the most current information, please contact Dustyn Evans, (619) 322-0326