855 57 Franklin Avenue, El Cajon, California 92020, El Cajon, 92020 - 0 bed, 0 bath
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El Cajon, California 92020
This Residential Income Duplex is a High-Potential Investment Opportunity, listed at $1,049,000—positioned well above the $953,331 Fair Market Value by -10%. Despite the premium, the property offers immediate cash flow with two tenant-occupied units featuring a desirable 2BR/2BA and 3BR/2BA configuration. With a Good Condition Rating and recent interior renovations, this asset provides a stable, low-vacancy profile. The private yards and individual laundry setups mimic single-family living, ensuring long-term tenant retention. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 855 57 Franklin Avenue Subject | $1,049,000* List Price | 0 | 0 | 1,689 | $564 | - |
A 367 Richfield Ave Sold | $925,000 | 5 | 3 | 1,914 | $483 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1952, the property has been well-maintained and features significant interior renovations. At least one unit boasts a modern kitchen with white shaker cabinets, stone countertops, and stainless steel appliances, along with updated bathrooms. While the exterior concrete shows some cracking and age, the living spaces are move-in ready and functional, fitting the 5-15 year renovation window for a 'Good' rating.
Both units are currently tenant-occupied, providing investors with immediate cash flow from day one and eliminating the initial vacancy risk.
Each unit features its own private yard, dedicated parking, separate entrance, and individual laundry, offering a level of privacy and autonomy that is highly attractive to long-term tenants.
The property offers a rare 2BR/2BA and 3BR/2BA mix, which accommodates larger households and commands higher rental premiums compared to standard smaller duplex units.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =0, other record lot size in square feet = 7434.
Built in 1952, the property may require more frequent maintenance or significant capital expenditures for aging plumbing, electrical, and structural systems.
Most assigned schools, including the elementary and middle schools, have low ratings (3/10), which may limit the property's appeal to families prioritizing high-performing educational districts.
Excellent investment opportunity in El Cajon! This well-maintained duplex at 855 Franklin Ave features two income-producing units. Unit 1 offers 2 bedrooms and 2 bathrooms, while Unit 2 features 3 bedrooms and 2 bathrooms. Both units are currently tenant-occupied, providing immediate rental income from day one. Each unit enjoys its own private yard, dedicated parking, separate entrance, and individual laundry, offering the feel and privacy of a single-family home. Ideal for investors looking to expand their portfolio or owner-occupants seeking to offset their mortgage. Conveniently located in the heart of El Cajon with easy access to shopping, dining, and major freeways. Don’t miss this fantastic opportunity, properties like this don’t last long!
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,689 | 2,031 |
| Lot Size | 0.17 | 8,814 |
| Price | $1.05M | $817.0K |
| Price per sq ft | $621 | $517 |
| Built year | 1952 | 1972 |
| HOA | $0 | $0 |
| Days on market | 31 | 40 |
Jun 21, 2026
$1,049,000
Initial Listing
Jan 4, 2024
$600,000
Public Record
Aug 5, 2009
$210,000
Public Record
Jul 20, 1998
$138,500
Public Record