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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.
| Address |
130 Richardson Avenue
El Cajon, CA 92020 |
| Listing Status | ACTIVE |
| Asking Price | $850,000 |
| On Market Date | $899,000 @ Aug 15, 2026 |
| Listed / On-Market Entered | Aug 14, 2026 |
| Original Entry | Aug 14, 2026 |
| Square Footage | 1822 sf |
| Bedrooms | 4 |
| Full Bathrooms | 2 |
| 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. |
| Market Area | 92020 - El Cajon |
| School District | Not Listed |
| Age Restriction | 0 |
| Property Type | |
| Mello-Roos Fee | $0 |
| HOA Fee | $0 |
| HOA Features | Sidewalks |
| Timeline | Notes |
|---|---|
| Aug 25, 2026 | Price reduced to $850,000 #PTP2606264 |
| Aug 14, 2026 | Listed for $899,000 #PTP2606264 |
| County | San Diego |
| Assessor Parcel# | 4873011800 |
| Zoning | R-2:MINOR MULTIPLE |
| Geographic Areas |
Airport Compatibility Zone: Gillespie Field |
| Highway Locator |
East of I-15 East of I-5 South of I-8 East of I-805 East of SR-163 South of SR-52 |
| Ocean Distance | 14.2 miles |
| Style | Single Family Residence |
| Material | Not Listed |
| Lot Size | ~ 8,210 sf |
| Fencing | Not Listed |
| Topography | Not Listed |
| Entry Steps | 1 |
| Swimming Pool | None |
| Exclusive Yard | 0 |
| Parking |
Total Spaces: 5
Garage Spaces: 1
Non-Garage Spaces:
0 -
4.00
|
| View | Neighborhood |
| Year Built | 1955 (source: Assessor) |
| Laundry Location | Inside |
| Elevator | Not Listed |
| Cooling | Wall/Window Unit(s) |
| Heating | |
| Fireplaces | None (0) |
| Additional Parcels | No |
| Appliances | No |
| Assessments | No |
| Association | No |
| Association Fee 2 | 0 |
| Attached Garage | Yes |
| Below Grade Finished Area | 0 |
| Carport Spaces | 0 |
| Common Walls | No Common Walls |
| Cooling | Yes |
| Entry Location | front door |
| Heating | No |
| High School District | Grossmont Union |
| Land Lease | No |
| Laundry | Yes |
| Levels | One |
| Living Area Source | Assessor |
| Living Area Units | Square Feet |
| Lot Features | Yard |
| Lot Size Source | Assessor |
| Lot Size Units | Square Feet |
| Main Level Bathrooms | 0 |
| Main Level Bedrooms | 0 |
| New Construction | No |
| Number Of Units Total | 0 |
| Number Remotes | 0 |
| Parking | No |
| Patio | No |
| Pool Private | No |
| Property Attached | No |
| Sprinklers | No |
| Tax Model | |
| View | Yes |
| Well Depth | 0 |
| Well Gallons Per Minute | 0 |
| Well Pump Horsepower | 0 |
| Well Report | No |
| Platform | CRMLS |
| AOR | Pacific Southwest |
| MLS Number | PTP2606264 |
| Courtesy of | Compass |
| Listing Agent |
Tina
Etue
tinaetue@gmail.com |
https://www.californiatophomes.com/PTP2606264