306 310 Richardson Ave, El Cajon, California 92020, El Cajon, - bed, bath

home-pic
ACTIVE$1,290,000
306 310 Richardson Ave, El Cajon, California 92020
5Beds
4Baths
2,034Sqft
Lot
Year Built
1990
Close
-
List price
$1.29M
Original List price
$1.29M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
250043149SD
Home ConditionGood
Features
View-

About this home

Exceptional multi-unit property offering a rare investment or owner-user opportunity in the heart of El Cajon. This well-maintained TRI-plex features two separate units on one lot, each with private entrances and individual outdoor spaces. The front unit offers a spacious living area with abundant natural light, updated flooring, and a functional kitchen layout. The rear units includes a comfortable open floor plan with modern finishes and a private yard. Ample off-street parking and mature landscaping enhance the property’s appeal. Conveniently located near downtown El Cajon, shopping, parks, and major freeways. A solid asset with strong rental potential and long-term growth value. Information deemed reliable but not guaranteed. Buyer and buyer’s agent are advised to independently verify all information, including but not limited to square footage, lot size, zoning, and permits.

Price History

Date
Event
Price
11/02/25
Listing
$1,290,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (110 Listings)
Beds53
86%
Baths42
90%
Square foot2,0341,751
60%
Lot Size011,761
Price$1.29M$950K
84%
Price per square foot$634$539
79%
Built year19901962
94%
HOA
Days on market3161
1%
Condition Rating
Good

The property, built in 1990, is described as 'well-maintained' and features 'updated flooring' in the front unit and 'modern finishes' in the rear units. While the front unit's kitchen is only described as 'functional,' the overall impression from the description and the exterior images (one building appearing more modern) suggests significant updates have been made, likely within the last 5-15 years, bringing parts of the property to a contemporary standard. This aligns with the 'Good' criteria of being move-in ready with well-maintained systems and some updated components, even if not a full recent renovation across all units.
Pros & Cons

Pros

Multi-Unit Investment Opportunity: The property is explicitly described as an 'exceptional multi-unit property' and a 'well-maintained TRI-plex,' offering a rare investment or owner-user opportunity with income potential.
Strong Rental Potential & Long-Term Value: The listing highlights 'strong rental potential and long-term growth value,' positioning it as a solid asset for investors seeking appreciation and consistent income.
Desirable Unit Amenities & Privacy: Each unit benefits from private entrances, individual outdoor spaces, updated flooring, modern finishes, and private yards, enhancing tenant appeal and retention.
Prime Location & Accessibility: Conveniently located near downtown El Cajon, shopping, parks, and major freeways, offering tenants easy access to amenities and transportation.
Ample Off-Street Parking: The property provides ample off-street parking, a significant advantage for multi-unit properties that enhances tenant convenience and property value.

Cons

Discrepancy in Property Type/Zoning: The property is described as a 'TRI-plex' and 'multi-unit' but listed with a 'Single Family Residence' sub_type, which requires immediate verification of legal zoning and permits for multi-unit use.
Lack of Detailed Unit Information: The description lacks specific breakdowns of bed/bath counts, square footage, or individual features for each of the units, making it challenging for investors to assess per-unit rental income and layouts.
Vague Condition & Maintenance Details: While stated as 'well-maintained,' the description lacks specific details on recent major upgrades (e.g., roof, HVAC, plumbing, electrical systems) or the age of key components, which could lead to unforeseen expenses for a buyer.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse market stats by State