
El Cajon, California 92020
This Modern Income-Generating Asset is listed at $1,299,000, representing a stable entry point aligned with its $1,288,270 Fair Market Value. Built in 2020, the property maintains a Modern Condition Rating and features Solar Panels, an Open Floorplan, and a Custom Stone Deck. The property delivers an Exceptional Investment Yield, currently secured by a lease until April 2027 generating $6,960 Monthly Rent. Located near the Mt Helix foothills within the Grossmont High School District, this is a premier acquisition for Buy-and-Hold Investors or Portfolio Managers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1210 Pine Drive Subject | $1,299,000* List Price | 3 | 3 | 2,412 | $534 | - |
A 1323 Pine Dr Sold | $1,320,000 | 4 | 3 | 2,979 | $443 | 0.0 mi |
B 1185 Hub Court Sold | $1,150,000 | 4 | 3 | 2,120 | $542 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property was built in 2020, meeting the criteria for a newly built home within the last 10 years. The description highlights high-quality modern features including an open floorplan, wood-like earthen flooring, and custom stone decking. Additionally, the exterior shows extensive solar panel installation and well-maintained siding, indicating modern systems and no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10875, living area = 2412.
The property offers immediate and stable cash flow with a current lease in place until April 2027, generating a substantial total rent of $6,960 per month.
Built in 2020, this home features a contemporary open floorplan and modern upgrades while maintaining unique character through country-style aesthetics and a custom stone deck.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
The long-term lease agreement until 2027 precludes owner-occupants from moving in for several years, effectively limiting the buyer pool to strictly real estate investors.
At a list price of $1,299,000, the property is positioned at the higher end of the El Cajon market, which may require a specific buyer profile to justify the valuation.
$6960/month of rental income! Incredible investment opportunity! Currently leased until April 2027. Total rent is $6960/month. Situated on an oversized corner lot near the Mt Helix foothills. Main house is 3-bedroom, 2.5-bath home is country-style living in the city. With its open floorplan, this home dazzles at every turn. From its entry mudroom (and sunroom) to some original wood ceilings and doors, from its beautiful wood-like earthen flooring to built-in cabinets/shelves, great detail was given to its upgrades. Custom stone deck is perfect for starting each morning or ending each as well as for entertaining.
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades K-6 • 1.5 mi
Grades 6-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 59% |
| Square foot | 2,412 | 1,920 | 71% |
| Lot Size | 10,875 | 9,500 | 57% |
| Price | $1.30M | $945.0K | 84% |
| Price per sq ft | $539 | $524 | 57% |
| Built year | 2020 | 1966 | 98% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 153 | 2% |
Mar 21, 2026
$1,299,000
Initial Listing
Apr 15, 2021
$700,000
Public Record