
El Cajon, California 92019
This High-Potential Investment Opportunity is listed at a List Price of $749,999, positioned well below the $783,687 Fair Market Value by 4%. This valuation gap offers $33,688 in Instant Equity. Featuring a Good Condition Rating with a recently updated interior, the property includes an ample-sized yard with significant ADU potential. Located near Granite Hills High School, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term equity through strategic expansion.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1362 Joliet Street Subject | $699,999* List Price | 3 | 2 | 1,326 | $528 | - |
A 1319 E Lexington Avenue Sold | $775,000 | 3 | 2 | 1,226 | $632 | 0.2 mi |
B 567 Brighthaven Sold | $800,000 | 3 | 2 | 1,346 | $594 | 0.4 mi |
C 1483 E Madison Ave Sold | $700,000 | 3 | 2 | 1,200 | $583 | 0.4 mi |
D 152 S Stephanie Ln Sold | $824,000 | 3 | 2 | 1,572 | $524 | 0.2 mi |
E 566 566 Mulgrew St Street Sold | $703,000 | 3 | 2 | 1,055 | $666 | 0.5 mi |
F 1494 Dumar Ave Sold | $750,000 | 3 | 2 | 1,196 | $627 | 0.5 mi |
G 366 Tiny Sold | $685,000 | 3 | 2 | 1,080 | $634 | 0.4 mi |
H 1634 Doncarol Avenue Sold | $790,000 | 3 | 2 | 1,376 | $574 | 0.7 mi |
I 763 Waterloo Pending | $699,900 List Price | 3 | 1 | 1,064 | $658 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The interior has undergone a recent renovation (likely <5 years) featuring modern wood-look tile flooring, recessed lighting, and updated fixtures, making it move-in ready. While the 1958 structure is old, the interior condition is high. The rating is held at 'Good' rather than 'Excellent' due to the 'as-is' short sale status and highly unconventional exterior roof-mounted HVAC ductwork which may present long-term maintenance concerns.
The property features a modernized interior, offering a move-in-ready living space that minimizes the need for immediate cosmetic upgrades.
The ample-sized yard provides significant opportunities for value-add projects, such as building an ADU, expanding the existing footprint, or creating a custom outdoor oasis.
Ideally situated near Granite Hills High School, local shopping, dining, and major freeways, ensuring high desirability for families and commuters.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6534, other record lot size in square feet = 6400.
The transaction is a short sale subject to lender approval, which often involves a more prolonged and uncertain closing process than a standard sale.
The home is being sold in as-is condition, meaning the buyer will be responsible for all repairs and maintenance, which may require additional upfront capital.
Listed at $749,999! Incredible opportunity to own a home with an updated interior and an ample-sized yard offering endless possibilities. Whether you’re looking to create your dream outdoor space, add an ADU, expand the existing home, or simply enjoy the extra room, this property presents a great opportunity to add value and build equity over time. Conveniently located near schools, shopping, dining, and major freeways. This property is being offered as a short sale, subject to lender approval. Sold as-is. Don’t miss the chance to secure a home with strong upside potential at an attractive price point. Short sale subject to lender approval. All terms and conditions are subject to final lender approval. Buyers and buyers’ agents to verify all information prior to close of escrow.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 0.4 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,326 | 1,609.157 |
| Lot Size | 6,534 | 9,601.53 |
| Price | $700.0K | $869.6K |
| Price per sq ft | $528 | $528 |
| Built year | 1958 | 1970 |
| HOA | $0 | $191 |
| Days on market | 96 | 40 |
Aug 26, 2026
$699,999
$749,999
-7% Price Drop
Initial Listing
Jun 5, 2026
$749,999
Initial Listing
Jan 28, 2025
$780,000
Public Record
May 23, 2023
$705,000
Public Record
Apr 7, 2020
$516,000
Public Record
Aug 11, 2017
$440,000
Public Record
Jan 3, 2017
$280,000
Public Record