
El Cajon, California 92021
This property presents a High-Potential Investment Opportunity with a List Price of $549,000—positioned well below the $573,547 Fair Market Value by 4%. This valuation gap offers $24,547 in Instant Equity for buyers willing to execute a full interior and exterior rehab. Featuring a Condition Rating of 5, the home requires significant modernization. The 7,597 sqft lot provides excellent upside for expansion, while the proximity to Crest Elementary adds long-term appeal. This is a value-add acquisition ideal for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 115 Beech Subject | $549,000* List Price | 3 | 1 | 1,368 | $419 | - |
A 148 Sierra Vista Drive Sold | $485,000 | 3 | 2 | 1,152 | $421 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1972 and explicitly marketed as an 'investor handyman special,' the property shows no signs of renovation. It features an original 1970s kitchen with avocado appliances, dated wood paneling, missing floor coverings, and lacks central HVAC. The home requires a full interior and exterior rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7597, living area = 1368.
Marketed as an 'investor handyman special,' this property presents a significant opportunity for renovation and equity growth, potentially qualifying for renovation financing.
Featuring a 7,597 square foot lot with a large backyard, the property offers ample outdoor space for expansion, landscaping, or potential ADU development in the quiet Crest neighborhood.
As a designated 'fixer,' the property requires substantial capital investment and labor to address deferred maintenance and modernize the original 1972 structure.
With three bedrooms but only one bathroom, the current configuration may be restrictive for modern family needs and could impact the property's overall marketability.
Opportunity Knocks HARD..Investor handyman special! One story fixer with a large backyard (Could be eligible for renovation loan) Tucked away in Crest. First showings July 16th from 10am-5pm
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 4.8 mi
Grades 9-12 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,368 | 1,574 |
| Lot Size | 7,597 | 9,779 |
| Price | $549.0K | $894.9K |
| Price per sq ft | $401 | $528 |
| Built year | 1972 | 1970 |
| HOA | $0 | $200 |
| Days on market | 8 | 42 |
Jul 14, 2026
$549,000
Initial Listing