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Multifamily Property with Detached ADU
New
For Sale
$1,159,000

398 Minnesota Ave, El Cajon, CA 92020

A detached accessory residence adds a second three-bedroom, two-bath living space to the property.

Property SizeContact for details
Days on Market6

Property Features for 398 Minnesota Ave

General Information

Standard status Active
Property subtype Residential Income

Units

Unit Mix 3BR/2BA
Multifamily Units 2

Amenities

covered patio
planting area with fruit trees
low-maintenance turf grass

Building Details

Buildings 2
Listing Agency: LPT Realty, Inc
Listed By: Albert Shamasha
Source: Exprealty
Added: Sep 29 Changed: Oct 3 Last Checked: Oct 3 at 1:18AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LPT Realty, Inc

Investment Insights

Based on property information with market context.

The property comprises a main residence and a detached accessory dwelling unit, each with three bedrooms and two bathrooms. The main home includes a covered patio and a planting area with multiple fruit trees. The ADU provides 1,040 square feet of living space and has low-maintenance turf landscaping.

The two separate residences can be occupied independently. The ADU is identified at 828 Avocado Ave.

Key Highlights

  • Two separate residences, each with 3 bedrooms and 2 bathrooms
  • Detached ADU provides 1,040 square feet of living space
  • Main residence includes a covered patio and planting area with multiple fruit trees

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Parking Lot & Garage Bakery Locksmith (Bike/Boat/Book/etc) Store Veterinary Clinic Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,217
Businesses Nearby

Demographics for 92020, CA

60,454
Population
20,311
Households
3
Avg Household Size
37
Median Age
26%
College-Educated
84%
High-School Grad
11.1 sq mi
ZIP Area
5,446
Density / Sq Mi
$72,822
Median Household Income
$39,855
Median Earnings
$1,793
Median Rent
$741,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - A detached accessory residence adds a second three-bedroom, two-bath living space to the property.
Where is this multifamily property located?
The property is located at 398 Minnesota Ave El Cajon, CA.
What is the asking price?
The asking price for this property is $1,159,000.
What are key features of this property?
This property features: Two separate residences, each with 3 bedrooms and 2 bathrooms; Detached ADU provides 1,040 square feet of living space; Main residence includes a covered patio and planting area with multiple fruit trees
More about this property
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