124 130 Richardson Avenue El Cajon, CA ^$ 899,000

124 130 Richardson Avenue

^$ 899,000

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Recently Listed

124 130 Richardson Avenue

El Cajon, CA, 92020

^$ 899,000

Studio Baths1.0 Sq 1,822

Monthly Estimate*

^$ 5,676

Listed by Compass

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View a Virtual Tour

Studio

Multi-Family Home for sale in El Cajon, CA

for $899,000 with 1 full bath. This 1,822 square foot home was built in 1955 on a lot size of 0.1885.

Excellent investment opportunity featuring two detached homes each with 2 bedrooms 1 bath 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.

Multi-Family Active

Price

^$ 899,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1885

Year Built

1955

Town/City

El Cajon

County/Region

San Diego

MLS | Web ID

PTP2606263

Days on Market

Features

General

Zoning R-2:MINOR MULTIPLE

HOA Fee 0

Garage Spaces 0

Pool Features None

Year Built 1955

Stories Count 1

Levels One

Gross Income 42840

Community Features Sidewalks

County San Diego

Net Operating Income 27102

Operating Expense 15738

Insurance Expense 2000

Property Type Residential Income

HOA false

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions Take I-8 to the Mollison Ave exit (Exit 18) head south on Mollison Ave turn left onto Main St then right onto Richardson Ave.

City El Cajon

Entry Location front

Senior Community Y/N false

Number Of Units Total 2

MLS Area 92020 - El Cajon

Lot Size Units Square Feet

Lot Size Square Feet 8210

Listing Terms Cash Conventional

Property Attached Y/N false

Land Lease Y/N false

Trash Expense 700

Additional Parcels Y/N false

Rent Control Y/N false

Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2606263

Building Area Units Square Feet

Standard Status Active

Year Built Source Assessor

Tax Lot 0

Taxes 11238

Cap Rate 3.01

Interior

Total Stories 1

Common Walls No Common Walls

Air Conditioning Y/N false

Heating Y/N false

Fireplace Y/N false

Laundry Features See Remarks

Entry Level 1

Total Baths 0

Exterior

Lot Features Yard

Total Parking 0

Lot Size Area 8210

Number of Buildings 1

Spa false

Building Area Total 1822

Lot Size Acres 0.1885

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 2

Number of Separate Gas Meters 2

Number of Separate Electric Meters 2

* Excluded Features

List By

Compass

Broker

tinaetue@gmail.com

Affordability Calculator

$5,676

Per Month

Monthly Principal & Interest: $5,676
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in El Cajon, CA

Average List Price ^$2,813,030

Percent of Sale Price 213%

About El Cajon, CA

104,298 Population

10% Since 2002

^$50,194 Median Income

35.91 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/15/2026	$899,000		Listed Price

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124 130 Richardson Avenue, El Cajon, CA, 92020 is a Multi-Family Home for sale at $899,000 with 1,822 sqft and a lot size of 0.1885. 124 130 Richardson Avenue is a studio with 1.0 baths and was built in 1955. The property's zip code is 92020 which is in El Cajon, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 8/15/2026. 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.

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124 130 Richardson Avenue

Multi-Family Home for sale in El Cajon, CA

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