
El Cajon, California 92021
This property presents a Strong Value Opportunity with a List Price of $749,000—positioned well below the $799,862 Fair Market Value by 6%. This valuation gap offers $50,862 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home requires cosmetic modernization, yet its 12,150 sq. ft. lot and flexible floor plan with dual entrances provide significant upside. This is a high-potential asset ideal for Buy-and-Hold Investors or Owner-Occupants seeking to build value through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12452 Janet Kay Way Subject 4 bd · 3 ba · 1,920 sqft · $417 | $749,000* List Price | 4 | 3 | 1,920 | $417 | - |
A 8423 Melrose Lane Sold 3 bd · 2 ba · 1,869 sqft · $439 · 0.2 mi | $820,000 | 3 | 2 | 1,869 | $439 | 0.2 mi |
B 1573 Villa Crest Drive Sold 4 bd · 3 ba · 1,965 sqft · $445 · 0.8 mi | $875,000 | 4 | 3 | 1,965 | $445 | 0.8 mi |
C 12426 Royal Pending 4 bd · 3 ba · 2,090 sqft · $407 · 0.3 mi | $850,000 List Price | 4 | 3 | 2,090 | $407 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974, this 50-year-old property is in dated condition consistent with its history as a long-term rental. The kitchen features mismatched, non-integrated cabinetry and older appliances, while the bathrooms and living areas show significant age-related wear. While functional and move-in ready for some, the home requires comprehensive cosmetic updates and modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12150, living area = 1920.
The flexible floor plan featuring two separate entrances offers excellent opportunities for multi-generational living, guest quarters, or potential rental income.
Situated on a generous 12,150 sq. ft. lot, the property provides ample space for outdoor activities and dedicated parking for an RV, boat, or multiple vehicles.
Previously used as a long-term rental, the home requires modernization and cosmetic updates to bring it up to current market standards and personal preferences.
Given its history as a rental property and its 1974 construction, buyers should anticipate the need for potential repairs or system upgrades typical of homes from this era.
Opportunity awaits in the desirable Bostonia neighborhood! Situated on a 12,150 sq. ft. lot, this spacious single-story home features 4 bedrooms, 3 full baths, a 2-car garage & abundant driveway parking. The expansive side yard offers additional space for an RV, boat or other toys. The flexible floor plan with 2 separate entrances creates possibilities for multi-generational living, extended guests or potential rental income. Additional highlights include a dedicated laundry room & a large, private backyard with plenty of room to make it your own. Previously used as a long-term rental, the home is ready for its next chapter and offers a wonderful opportunity to update, personalize & create a space that reflects your own style.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.2 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,920 | 1,647.315 |
| Lot Size | 12,150 | 9,665.034 |
| Price | $749.0K | $867.6K |
| Price per sq ft | $390 | $530 |
| Built year | 1974 | 1970 |
| HOA | $0 | $184 |
| Days on market | 23 | 40 |
Oct 2, 2026
$749,000
Initial Listing
Jul 14, 2016
$450,000
Public Record
Nov 25, 1997
$104,500
Public Record