1122-24 Oro St El Cajon, CA 92021

This exceptional El Cajon investment opportunity presents a meticulously maintained duplex located at 1122-24 Oro St, 92021, San Diego County, California. The property, built in 1985, consists of one single-story building encompassing 1,648 square feet and features two units, each offering two bedrooms and two bathrooms. Currently operating at 100% occupancy, the property generates a Net Operating Income (NOI) of $36,816, representing a 4.36% capitalization rate. Pro forma projections indicate a NOI of $45,984 and a 5.44% capitalization rate. Recent exterior improvements include new fencing, windows, paint, landscaping, and parking lot resurfacing. Each unit is generously sized with a practical floor plan, individual hot water heaters, in-unit laundry rooms, ample parking, and private outdoor space. The asking price is $845,000, or $422,500 per unit. The property's APN is 484-102-63-00. This turnkey duplex offers a compelling investment opportunity with significant upside potential. The property's strong performance and recent upgrades make it an attractive addition to any investment portfolio.