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$1,500,000

  • Sold
  • Closed
  • Multi-Family
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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.

Full Property Details for 538 S Johnson Ave

General

  • Sold For: $1,500,000
  • Status: Closed
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: PTP2507668
  • Added to Site: 107 day(s) ago

Rooms

Other Rooms

  • Laundry: Community

Additional Information

  • Pool Description: None

Parking

  • Parking Features: Assigned, Driveway, Off-Street, On-Site
  • Parking: Assigned, Driveway, Off-Street, On-Site

Location

  • Area: 92020 - El Cajon
  • County: San Diego
  • Development Name: 92020 - El Cajon
  • Driving Directions: USE GPS - Johnson Ave

Heating & Cooling

  • Cooling Type: Central Air

Utilities

  • Sewer: Public Sewer
  • # Gas Meters: 5
  • # Electric Meters: 5

Structural Information

  • Entry Location: two units on ground floor two units on upper
  • Square Feet: 4,840
  • Year Built: 1979

Unit Information

Unit 1

  • Number of Units: 4
  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 2

  • Number of Units: 4
  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 3

  • Number of Units: 4
  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 4

  • Number of Units: 4
  • Total Bathrooms: 2
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.21
  • Lot Size Source: Assessor
  • Zoning: R-3:RESTRICTED MULTIPLE
  • Lot Description: Lawn

Financial Considerations

  • Price Per Sq. Ft.: $315.08
  • Price Per Unit: 381250

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Meet the listing agent
— 538 S Johnson Ave —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 538 S Johnson Ave

School Districts:Cajon Valley Union Elementary School District, Grossmont Union High School District
NameGradesDistance
Johnson Elementary School, El Cajon, CA
500 West Madison Avenue, El Cajon, CA 92020
PK-50.8 mi
Cajon Valley Middle School
550 East Park Avenue, El Cajon, CA 92020
6-81.1 mi
Grossmont High School
1100 Murray Dr., La Mesa, CA 91944
9-121.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 538 S Johnson Ave

Date
Details
Price
Change
Source
11/17/2025
Sold
$1,500,000
-1.64%
MLS
10/08/2025
Listed
$1,525,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Price Reduced near 538 S Johnson Ave

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10128 Peaceful Ct, Santee, CA 92071 - Photo 1 Price Reduced
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Recent Sales near 538 S Johnson Ave

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631 W Lexington Ave, El Cajon, CA 92020 - Photo 1 Sold
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538 S Johnson Avenue, El Cajon, CA 92020 (MLS# PTP2507668) is a Multi-Family property that was sold at $1,500,000 on November 17, 2025. This property was listed by Robin Borrelli from our Carmel Valley Office.Want to learn more about 538 S Johnson Avenue? Do you have questions about finding other Multi-Family real estate for sale in El Cajon? You can browse all El Cajon real estate or contact a Coldwell Banker agent to request more information.