
El Cajon, California 92020
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $878,000—positioned well below the $961,046 Fair Market Value by 8%. This valuation gap offers $83,046 in Instant Equity. Featuring a Good Condition Rating, the home includes an owned 17-panel solar system and smart water monitoring. The expansive 10,018 sq. ft. lot provides significant ADU potential, making this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-efficiency home with long-term appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1045 S Magnolia Subject | $876,500* List Price | 4 | 3 | 2,112 | $416 | - |
A 943 S Anza Street Sold | $850,000 | 4 | 3 | 1,681 | $506 | 0.8 mi |
B 1037 Avocado Sold | $656,000 | 3 | 2 | 1,716 | $382 | 0.3 mi |
C 840 Hale Court Sold | $835,000 | 3 | 2 | 1,789 | $467 | 0.3 mi |
D 1188 Mona Sold | $859,000 | 4 | 2 | 1,870 | $459 | 0.8 mi |
E 833 W Chase Sold | $815,000 | 4 | 2 | 1,610 | $506 | 0.7 mi |
F 453 Taft Avenue Sold | $733,000 | 3 | 2 | 1,472 | $498 | 0.7 mi |
G 884 S S Sunshine Ave Sold | $800,000 | 3 | 2 | 1,608 | $498 | 0.3 mi |
H 309 Ione Way Sold | $830,000 | 3 | 3 | 1,709 | $486 | 0.3 mi |
I 1275 Avocado Avenue Active | $850,000 List Price | 4 | 2 | 1,905 | $446 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1951, the property has been well-maintained and updated, placing it in the 'Good' category. The kitchen features modern stone countertops, stainless steel appliances, and updated cabinetry likely renovated within the last 10-15 years. Significant system upgrades include a 2017 owned solar system, smart water monitoring, and energy-efficient exterior coatings, making it fully move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10018, living area = 2112.
The property features an owned 17-panel solar system and Tex-Cote CoolWall exterior coating, providing significant long-term utility savings and enhanced insulation.
With a lot size exceeding 10,000 square feet, the spacious backyard offers significant versatility for adding an Accessory Dwelling Unit (ADU), a pool, or a custom garden.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10018, other record lot size in square feet = 10100.
Originally built in 1951, the home may have aging structural or mechanical elements that require further inspection or future capital investment despite recent upgrades.
Located on S Magnolia Ave, the property is positioned on a busier thoroughfare, which may result in higher ambient noise levels compared to secluded residential streets.
Welcome to 1045 S. Magnolia Ave., a spacious and energy-efficient 4-bedroom, 2.5-bath home offering 2,112 square feet of comfortable living space in El Cajon. Thoughtfully maintained and updated, this move-in-ready home combines generous living areas, energy-saving features, and a backyard with plenty of potential. Designed with efficiency in mind, the home features an owned 17-panel solar system installed in 2017 and backed by a 25-year warranty, helping reduce energy costs for years to come. Additional upgrades include three solar-powered attic ventilators, LED lighting throughout, Tex-Cote CoolWall exterior coating for added insulation and durability, and a Moen Flo Smart Water Monitor that allows you to monitor water usage, detect potential leaks, and control the system remotely. Outside, the property offers low-maintenance front landscaping along with irrigation in both the front and backyard. Recent improvements include rain gutters installed and a French drain. The spacious backyard is ready for the next owner’s vision, with room to create an outdoor entertaining area, and ADU, garden, play space, or potentially add a pool. It’s a great opportunity to customize the property and create an outdoor space that fits your lifestyle. Conveniently located in El Cajon near shopping, dining, schools, parks, and major commuter routes, 1045 S. Magnolia Ave. offers a great combination of space, efficiency, functionality, and future potential. If you’re searching for a 4-bedroom home in El Cajon with owned solar, over 2,100 square feet of living space, and a large backyard, this property deserves a closer look.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,112 | 1,609.157 |
| Lot Size | 10,018.8 | 9,601.53 |
| Price | $876.5K | $869.6K |
| Price per sq ft | $415 | $528 |
| Built year | 1951 | 1970 |
| HOA | $0 | $191 |
| Days on market | 19 | 40 |
Sep 4, 2026
$876,500
$878,000
+0% Price Increase
Initial Listing
Aug 21, 2026
$878,000
Initial Listing
Aug 23, 2000
$185,000
Public Record