
El Cajon, California 92021
This property presents a Strong Value Opportunity with a List Price of $749,000—positioned well below the $800,993 Fair Market Value by 6%. This valuation gap offers $51,993 in Instant Equity. Featuring a Fair Condition Rating, the home requires cosmetic modernization but offers a flexible layout with dual entrances and a 12,150 s.f. lot with RV parking. 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 | $749,000* List Price | 4 | 3 | 1,920 | $417 | - |
A 8423 Melrose Lane Sold | $820,000 | 3 | 2 | 1,869 | $439 | 0.2 mi |
B 1573 Villa Crest Drive Sold | $875,000 | 4 | 3 | 1,965 | $445 | 0.8 mi |
C 1350 Coy Court Sold | $800,000 | 3 | 2 | 1,670 | $479 | 1.0 mi |
D 12452 Janet Kay Way Active | $749,000 List Price | 4 | 3 | 1,920 | $390 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974 and previously used as a long-term rental, the property is functional but significantly dated. The kitchen features mismatched cabinetry and older appliances, while the bathrooms and living areas show wear consistent with a 20+ year old refresh. It requires cosmetic updates and modernization throughout to meet modern 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 layout includes two separate entrances, making it an ideal candidate for rental income, a guest suite, or multi-generational living arrangements.
Situated on a generous 12,150 sq. ft. lot, the property provides a large private backyard and dedicated side-yard space for boat, RV, or recreational vehicle storage.
Having served as a long-term rental, the home is in need of comprehensive cosmetic updates and modernization to reach its full market potential.
Given the 1974 construction and history as a rental property, buyers should expect the need for inspections and potential repairs to aging systems or original finishes.
Nestled in the desirable Bostonia neighborhood, this spacious single-story home offers incredible potential on a generous 12,150 s.f. lot. Features, 4 bedrooms, 3 full baths, a 2-car garage, plenty of driveway parking and a side yard for boat, rv or toys. The flexible layout includes two separate entrances: ideal for multi-generational living, rental income or extended guests. A dedicated laundry room and large private backyard add everyday convenience and outdoor space to enjoy. Previously used as a rental for many years, this home presents a rare opportunity to update and design the space to match your personal style. Endless possibilities await!
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 | 1,920 | 1,609.157 |
| Lot Size | 12,150 | 9,601.53 |
| Price | $749.0K | $869.6K |
| Price per sq ft | $390 | $528 |
| Built year | 1974 | 1970 |
| HOA | $0 | $191 |
| Days on market | 39 | 40 |
Aug 1, 2026
$749,000
Initial Listing
Jul 14, 2016
$450,000
Public Record
Nov 25, 1997
$104,500
Public Record