For Sale: 361 Wisonsin Avenue, El Cajon, CA 92020. 5-bedroom 3-bath, 2205 sf, 1951 EL CAJON $1,375,000 - $1,425,000 begin new search
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SIGNIFICANT PRICE REDUCTION! Investment Opportunity: Multi-Generational or Multi-Family Property with 3 Units, Office, and separate Guest Quarters. Welcome to this unique investment property that offers exceptional potential for multi-generational living or multi-family rental income. Situated in a prime location near the Magnolia shopping and restaurant district, close to freeway access, and public transportation, this property is a rare find. Property Overview: Three separate residential units on a spacious lot. Plus, a separate office and guest quarters for added versatility. Separate laundry room for added convenience. Unit 1: 2 bedrooms, 1 bathroom. Spacious living room for comfortable living. Features a massive updated kitchen with granite countertops, abundant natural light, and ample cupboard space. Unit 2: 2 bedrooms, 1 bathroom. A generously sized living room for relaxing and entertaining. Unit 3: 1 bedroom, 1 bathroom. This unit boasts its own private fenced-in yard, providing residents with a sense of space and privacy. A spacious living room completes the cozy living experience. Additional Features: A huge walk-in shed for storage needs. Enormous covered patio entrance from ample off-street parking, ideal for gatherings and outdoor enjoyment. The property features a newer roof, providing peace of mind for the future. Condition and Investment Potential: This property is offered in "As-Is" condition, it presents an exceptional opportunity for those with vision. The listing price has been thoughtfully set to reflect the updates required to maximize its potential. Please Note: Respect the owners' request not to be disturbed. Private showings by appointment only. Don't miss out on this excellent investment opportunity! Whether you're looking for multi-generational living or a savvy investment with multiple rental units, this property has the potential to yield significant returns. Schedule a viewing and explore the possibilities that await you in this versatile property.

Address 361 Wisonsin Avenue

El Cajon, CA 92020
Listing Status ACTIVE
Asking Price $1,375,000 - $1,425,000
Original Listing $1,655,000 @ 2023-07-22
Property Condition Repairs Cosmetic
Terms Cash,Conventional,Exchange,FHA
Sales Restrictions Standard
Mello-Roos Fee $0 per Year
HOA Fee $0
Guest Maid, Kitchen, Living Room, All Bedrooms Down, Laundry
Square Footage 2205 sf
Flooring Carpet, Tile
Bedrooms 5
Full Bathrooms 3
Directions W Main St and Chambers St to Wisconsin Ave.
Community Area EL CAJON
School District Not Listed
Public Records
County San Diego
Assessor Parcel# 4871720700
Geographic Areas

Airport Compatibility Zone: Gillespie Field

Community College District: Grossmont-cuyamaca CC

Zip Code: 92020

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 27.0 miles
Year Built 1951 (source: Seller)
Laundry Location Community
Elevator Not Listed
Cooling Electric
Heating N/K
Sewer/Septic Public Sewer
Fireplaces Not Listed (N/K)
Equipment Dishwasher, Dryer, Washer, Water Line to Refr, Gas Range
Interior Features Granite Counters
Monthly Payment Calculator
Listing Source
Platform SDMLS
MLS Number SW23134768
Courtesy of Allison James Estates & Homes
Style All Other Attached 1 Story
Material Not Listed
Floor Level 1 of 1
Lot Size 7,500-10,889 SF ~ 8,276 sf
Fencing Wood
Topography Not Listed
Swimming Pool N/K
Patio Covered, Enclosed, Patio
Site Curbs, Sidewalks
Accessibility Doors - Swing In
Total Spaces: 0
Garage Spaces: 0
Non-Garage Spaces: 0 - Driveway,Shared Driveway
View Neighborhood
Unit Location 1 common wall