Duplex with Upgraded Back
For Sale
$999,999
1336 Peach Avenue, El Cajon, CA 92021
El Cajon, CA
Property Size2,835 SF
Lot Size0.22 Acres
Price / SF$352.73
Days on Market115
Property Features for 1336 Peach Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-2:MINOR MULTIPLE
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 2, Kitchen, Laundry Room, Bedroom 4, Bedroom 6, Bedroom 5
Parking
5
Lot features
2-5 Units/ Acre
Elementary school district
Grossmont Union
Middle school district
Grossmont Union
High school district
Grossmont Union
Directions
Easy to find using GPS
Subdivision
92021 - El Cajon
Standard status
Active
APN
4842613800
Size
2,835 SF
Lot size
0.22 Acres
Utilities
Sewer type
Public Sewer
Cooling system
Wall/Window Unit(s), Window Unit(s)
Building Details
Year built
1942
Floors in Building
2
Listing Agency:
Keller Williams Realty
(619) 469-0700
Listed By:
Rita Kurkies · License #02178675
(619) 469-0070
Added: Apr 28
Changed: Aug 20
Last Checked: Aug 20 at 11:06PM
MLS# PTP2603531
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex offers two units on one lot, with each unit featuring three bedrooms and two full bathrooms. The back unit has been recently upgraded with new windows and updated flooring in the living area, adding workable improvements for an owner-occupant or tenant setup. Interior conveniences include a laundry room and additional bedrooms and bathrooms across the layout.
The property is zoned R-2: Minor Multiple and sits on a 0.22-acre lot. Built in 1942, it totals 2,835 square feet and is served by public sewer. Cooling includes window and wall/window unit(s).
The configuration is designed for straightforward live-in or rental use, with two separate units under one roofline on the same parcel at 1336 Peach Avenue, El Cajon, CA 92021.
The property is zoned R-2: Minor Multiple and sits on a 0.22-acre lot. Built in 1942, it totals 2,835 square feet and is served by public sewer. Cooling includes window and wall/window unit(s).
The configuration is designed for straightforward live-in or rental use, with two separate units under one roofline on the same parcel at 1336 Peach Avenue, El Cajon, CA 92021.
Key Highlights
- Duplex with two units on one lot
- Back unit recently upgraded with new windows and updated living‑area flooring
- 0.22‑acre lot with 2,835 SF total
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$29,153
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.92%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$583,060
$583.1K
Cap Rate 7%
$416,471
$416.5K
Cap Rate 9%
$323,922
$323.9K
Market Conditions
NOI Build-Up for 2,835 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$44.2K $15.60/SF
− Vacancy
−$2.6K −$0.91/SF
EGI
$41.6K $14.69/SF
− OpEx
−$12.5K −$4.41/SF
NOI
$29.2K $10.28/SF
Area
El Cajon, CA
Vacancy
5.83%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$583,060
Cap Rate 7%
$416,471
Cap Rate 9%
$323,922
Alternative Uses
Best Use
Multifamily LT 5
$416.5K
$364.4K – $485.9K
NOI $29,153 @ 7.0% cap · market cap 2.92%
Second Best
Apartment 5plus
$376.3K
$329.3K – $439.1K
NOI $26,343 @ 7.0% cap · market cap 2.63%
Theoretical Best
Office A
$704.4K
$616.3K – $821.8K
NOI $49,307 @ 7.0% cap · market cap 4.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,156
Businesses Nearby
Explore this area
Business Placement
Demographics for 92021, CA
70,584
Population
23,360
Households
3
Avg Household Size
37
Median Age
22%
College-Educated
86%
High-School Grad
28.0 sq mi
ZIP Area
2,521
Density / Sq Mi
$69,979
Median Household Income
$37,739
Median Earnings
$1,818
Median Rent
$572,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex on a single lot with updated windows and living-area flooring in the back unit, plus 2 full baths per unit.
Where is this duplex located?
The property is located at 1336 Peach Avenue El Cajon, CA.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Duplex with two units on one lot; Back unit recently upgraded with new windows and updated living‑area flooring; 0.22‑acre lot with 2,835 SF total
