
El Cajon, California 92020
This Spacious Single-Family Residence represents a Strong Value Opportunity, listed at $925,000—positioned well below the $965,504 Fair Market Value by 4%. This valuation gap offers $40,504 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes significant upgrades like owned solar, smart water monitoring, and energy-efficient exterior coating. With a large 10,018 sqft lot and distant city light views, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term energy efficiency and growth potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1045 S Magnolia Subject | $925,000* List Price | 4 | 3 | 2,112 | $457 | - |
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 926 Aster Ave Sold | $895,000 | 4 | 3 | 1,944 | $460 | 0.6 mi |
E 1188 Mona Sold | $859,000 | 4 | 2 | 1,870 | $459 | 0.8 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 | $875,000 List Price | 4 | 2 | 1,905 | $459 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1951 but features significant system upgrades including 2017 owned solar, smart water monitoring, and energy-efficient exterior coating. The kitchen and flooring reflect a 10-15 year old renovation that is well-maintained, functional, and 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 home features a fully owned 17-panel solar system, smart water monitoring, and Tex-Cote exterior coating, significantly reducing utility costs and long-term maintenance.
With over 2,100 square feet and four bedrooms on a large 10,000+ square foot lot, the property offers rare scale and flexibility for multi-generational living or growing families.
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 property may lack some of the contemporary open-concept architectural elements or updated internal systems found in newer developments.
While the lot is large, the backyard is currently a blank canvas that will require additional time and financial investment to reach its full potential as an entertaining space.
Welcome to 1045 S. Magnolia Ave., El Cajon—a spacious, energy-efficient home offering the perfect blend of comfort, functionality, and future potential. With 4 bedrooms, 2.5 bathrooms, and 2,112 square feet of living space, this thoughtfully maintained property is ideal for growing families, multi-generational living, or anyone looking for extra space to live, work, and entertain. Designed with efficiency in mind, this home features owned solar with a 17-panel, 300-watt-per-panel system installed in 2017 and backed by a 25-year warranty, helping keep energy costs low for years to come. Additional eco-friendly upgrades include three solar-powered attic ventilators, LED lighting throughout, a Tex-Cote CoolWall exterior coating for enhanced insulation and durability, and a Moen Flo Smart Water Monitor, allowing you to track water usage, detect leaks, and control your home’s water shutoff directly from your smartphone. Outside, the property has been thoughtfully improved with low-maintenance landscaping, irrigation in both the front and backyard, whole-house rain gutters and a French drain added for improved drainage and peace of mind. The backyard offers a fantastic opportunity to bring your own vision to life. Whether you dream of creating an outdoor entertaining space, adding a pool, designing a lush garden, or building the backyard retreat you’ve always wanted, this space provides the flexibility to make it your own. Located in a convenient El Cajon neighborhood, you’ll enjoy easy access to shopping, restaurants, parks, schools, and major commuting routes, making everyday living both comfortable and convenient. If you’re searching for a move-in-ready home with modern energy-saving upgrades, room to grow, and the opportunity to personalize the outdoor space, 1045 S. Magnolia Ave. deserves a place at the top of your list.
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 | 1,574 |
| Lot Size | 10,018.8 | 9,779 |
| Price | $925.0K | $894.9K |
| Price per sq ft | $438 | $528 |
| Built year | 1951 | 1970 |
| HOA | $0 | $200 |
| Days on market | 6 | 42 |
Jul 16, 2026
$925,000
Initial Listing
Aug 23, 2000
$185,000
Public Record