124 130 Richardson Avenue, El Cajon, CA 92020
- $899,000
- List Price
- $899,000
- Status
- ACTIVE
- MLS#
- PTP2606263
- Year Built
- 1955
- Lot Size
- 8,210
- Acres
- 0.19
- Lot Location
- Yard
- Days on Market
- 32
- Property Type
- Multifamily
- Stories
- One Level
Property Description
Excellent investment opportunity featuring two detached homes on a spacious 8,210 sq. ft. lot! This unique property offers two separate residences, providing privacy and flexibility for investors, multigenerational living, or owner-occupants looking to offset their mortgage with rental income. One of the units has been remodeled, offering updated finishes and move-in-ready appeal, while the second presents an opportunity for additional value or continued rental income. The property also includes an attached one-car garage and ample outdoor space. With projected market rents and strong income potential, these 2 detached homes on one lot is an outstanding opportunity to add to your investment portfolio or live in one unit while renting the other.
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Additional Information
- Pool Description
- None
- Attached Structure
- Detached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $40,400
- Operating Expense
- 15738
Listing courtesy of Listing Agent: Tina Etue (tinaetue@gmail.com) from Listing Office: Compass.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.