Sold for $1,500,000 on 11/17/25
Listing Provided by:
Dustyn Evans DRE #02072664 619-322-0326,
Coldwell Banker Realty,
Robin Borrelli DRE #01207280 619-368-9373,
Coldwell Banker Realty
Bought with: Keller Williams Realty
Zestimate®
$1,500,000
538 S Johnson Ave, El Cajon, CA 92020
48beds
32baths
4,840sqft
Quadruplex
Built in 1979
-- sqft lot
$1,500,000 Zestimate®
$310/sqft
$2,103 Estimated rent
Owner options
What's special
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.
Zillow last checked: 8 hours ago
Listing updated: November 18, 2025 at 10:06am
Listing Provided by:
Dustyn Evans DRE #02072664 619-322-0326,
Coldwell Banker Realty,
Robin Borrelli DRE #01207280 619-368-9373,
Coldwell Banker Realty
Bought with:
Dalia Hirmez, DRE #01399412
Keller Williams Realty
Source: CRMLS,MLS#: PTP2507668
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 48
- Bathrooms: 32
Cooling
- Central Air
Appliances
- Laundry: Common Area
Features
- Has fireplace: No
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 4,840
- Total interior livable area: 4,840 sqft
Property
Parking
- Total spaces: 8
- Parking features: Assigned, Driveway, On Site, Off Street
- Uncovered spaces: 8
Features
- Entry location: two units on ground floor two units on upper
- Pool features: None
Lot
- Size: 9,147 sqft
- Features: Lawn
Details
- Parcel number: 4875322300
- Zoning: R-3:RESTRICTED MULTIPLE
- Special conditions: Trust
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1979
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Community
- Community features: Curbs
Location
- Region: El Cajon
HOA & financial
Other financial information
- Total actual rent: 8675
Other
Other facts
- Listing terms: Cash,Conventional
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Estimated market value
$1,500,000