
El Cajon, California 92019
This Multi-Unit Residential Asset is a High-Potential Investment Opportunity, listed at $950,000—positioned well below the $1,093,986 Fair Market Value by 13%. This valuation gap offers $143,986 in Instant Equity. Featuring a Good Condition Rating, the property includes a permitted ADU, a detached guest house, and a converted garage, providing immense rental flexibility. With a 0.4-acre lot and distant mountain views, this versatile property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking multi-generational living solutions.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1460 E Lexington Subject | $950,000* List Price | 5 | 4 | 2,769 | $395 | - |
A 1257 E Lexington Avenue Active | $849,900 List Price | 4 | 2 | 2,076 | $409 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property was fully renovated in 2012 (approximately 12-14 years ago), which fits the criteria for a 'Good' rating (5-15 year renovation). It features a brand new HVAC system installed in 2026, solar panels, and updated laminate and tile flooring. While the kitchen and bath finishes are functional and well-maintained, they reflect the 2012 renovation style rather than current modern trends, making it move-in ready but not 'Excellent' by the specific age criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17400, living area = 2769.
The property features a rare configuration including a main house, a permitted 2BR/2BA ADU, and a separate detached guest house, making it an ideal setup for multi-generational living or high-yield rental income.
With nearly $500,000 in renovations completed in 2012 and a brand-new HVAC system installed in 2026, the home offers updated infrastructure and reduced immediate maintenance concerns for the buyer.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Previously operated as an adult care facility, the interior configuration and specific modifications may require further cosmetic or structural adjustments to appeal to traditional residential buyers.
While the 2012 renovation was extensive, the finishes are now over a decade old, which may result in some aesthetic elements feeling dated compared to new construction or more recent flips in the area.
Rare investment or multi-generational opportunity in Granite Hills. Spacious 3BR, 2BA house on .4 acres with an attached PERMITTED ADU containing an additional 2BR, 2BA and separate entrance (totaling 5BR, 4BA). There's also another separate detached guest house in the back yard. Even the garage has been tiled & insulated to serve as a potential 6th bedroom/office space (extra 468 sf). Built in 1980 and fully renovated in 2012 with almost $500k in upgrades. New HVAC system installed in 2026. Plenty of space for RV parking or extra vehicles in the driveway. Huge lot with mature growth shade trees. Best price/value in 92019. Must see. Previously operated as an adult care facility. The ADU details in the MLS are in reference to the separate guest house in the back yard. Solar panels are leased through Sun Run/Vivint. Rare investment or multi-generational opportunity in Granite Hills. Spacious 5BR house on .4 acres with 2 KITCHENS + a detached guest house and separate entrance. Even the garage has been tiled & insulated to serve as a potential 6th bedroom/office (extra 468 sf). Built in 1980, fully renovated in 2012 with almost $500k in upgrades. New HVAC system installed in 2026. Huge lot with mature growth shade trees and plenty of driveway space for RV parking or extra vehicles. Best price/value in 92019. Must see.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,769 | 1,609.157 |
| Lot Size | 17,400 | 9,601.53 |
| Price | $950.0K | $869.6K |
| Price per sq ft | $343 | $528 |
| Built year | 1980 | 1970 |
| HOA | $0 | $191 |
| Days on market | 7 | 40 |
Sep 2, 2026
$950,000
Initial Listing