803 N 3rd Street
El Cajon, CA 92021
Map
- – beds
- – baths
- – sqft
- 1973 build
- – on site
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.
Last checked:
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Last updated May 30, 2025
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MLS# 250029017SD —
The Building
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Year Built:1973
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Total Number Of Units:4
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# of Buildings:1
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Roof:Composition
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Stories Total:2
Interior
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Levels:Two
Location
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Directions:CrossStreet: Broadway
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Latitude:32.80529200
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Longitude:-116.92663595
The Property
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Property Type:Residential Income
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Lot Size Source:Assessor
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Fencing:Partial
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Fence:Yes
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Parcel Number:5073103600
Heating & Cooling
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Heating:1
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Cooling:No
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Cooling:None
Appliances
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Appliances:Gas Water Heater
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Included:Yes
The Community
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Subdivision:El Cajon
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Subdivision:El Cajon
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Neighborhood:El Cajon
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Park Name:n/a
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Pool:None
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Senior Community:No
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Private Pool:No
Extra Units
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Number With Refrigerator:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/30/25
May 30, 2025
|
Listed / Active | CRMLS_CA | $1,445,000 | 20.4% (8.4% / YR) |
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12/27/22
Dec 27, 2022
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CRMLS_CA | $1,200,000 | ||
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12/6/22
Dec 6, 2022
|
CRMLS_CA | $1,200,000 |
