
El Cajon, California 92021
3 Homes on 1 Lot – Rare Investment & Income Opportunity! Discover the incredible potential of this unique property featuring three separate homes on one lot 160 Cedar: 3 bedrooms, 3 bathrooms, 1,140 sq. ft. 164 Cedar: 3 bedrooms, 2 bathrooms, 1,075 sq. ft. 166 Cedar (Detached ADU):1 bedroom, 1 bathroom, 527.6 sq. ft. Offering a combined 7 bedrooms, 6 bathrooms, and approximately 2,743 square feet of living space, this property provides exceptional versatility and multiple income opportunities. Live in one residence while renting the others, create space for extended family, or add a high-performing asset to your investment portfolio. The detached ADU enhances the property's appeal, providing additional privacy and flexibility for tenants, guests, or family members. Whether you're looking to generate consistent rental income, offset your mortgage, or secure a property with long-term appreciation potential, this one-of-a-kind opportunity checks all the boxes. Ideal for: * Investors seeking multiple income streams * Owner-occupants interested in house hacking * Multi-generational households * Buyers focused on long-term real estate investment Properties offering three separate residences on one lot are rarely available. Don't miss your chance to own this exceptional income-producing property with endless possibilities.
Property is new construction or fully renovated.
Although originally built in 1969, the property has undergone a comprehensive high-end renovation within the last 5 years. The interiors feature modern white shaker cabinetry, stone countertops, updated bathrooms with contemporary tile and fixtures, new LVP and large-format tile flooring, and recessed lighting. Exterior upgrades include newer architectural shingle roofs and solar panels, placing the condition in the mint/excellent category.
The rare configuration of three separate residences on a single lot provides exceptional versatility for investors seeking multiple income streams or owner-occupants looking to house-hack.
The inclusion of a fully detached 1-bedroom, 1-bathroom ADU offers enhanced privacy and flexibility, making it highly attractive for long-term tenants or multi-generational living.
With a combined total of 7 bedrooms and 6 bathrooms, the property offers significant living capacity that maximizes rental yield potential compared to standard single-family residences.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7405, other record lot size in square feet = 7276.
Accommodating three separate structures on a 7,405-square-foot lot results in high density, which likely restricts private outdoor space and may lead to parking challenges for multiple households.
Having undergone two price reductions and remaining on the market for over 60 days, the property indicates initial pricing resistance and a potential disconnect with current buyer valuations in the El Cajon area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 3.2 |
| Baths | 6.0 | 2.0 |
| Square foot | 2,743 | 1,647.315 |
| Lot Size | 7,405.2 | 9,665.034 |
| Price | $1.40M | $867.6K |
| Price per sq ft | $510 | $530 |
| Built year | 1969 | 1970 |
| HOA | $0 | $184 |
| Days on market | 112 | 40 |
Sep 9, 2026
$1,399,000
$1,449,000
-3% Price Drop
Initial Listing
Aug 1, 2026
$1,449,000
$1,490,000
-3% Price Drop
Initial Listing
Jul 5, 2026
$1,490,000
Initial Listing
Apr 20, 2022
$710,000
Public Record
Jul 7, 2021
$535,000
Public Record