538 S Johnson Avenue, El Cajon, CA 92020

About this fourplex

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.

Listing description from the November 2025 sale, as reported to CRMLS.

Sale history

$1,500,000

Sold November 2025 · listed $1,525,000, on market October 2025 · MLS #PTP2507668 · Source: CRMLS

Listing Agent: Dustyn Evans · Listing Office: Coldwell Banker Realty · Contact: 619-322-0326 · Bought with: Dalia Hirmez · Keller Williams Realty

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