1605 N Mollison Avenue, El Cajon, California 92021, El Cajon, 92021 - 4 bed, 3 bath
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El Cajon, California 92021
This Residential Income Duplex is a High-Potential Investment Opportunity, listed at $770,000—positioned above the $747,897 Fair Market Value. While currently priced slightly above market, the property features a Condition Rating of 3 and offers significant value-add through its attached granny flat, solar panels, and swimming pool. This asset provides a unique "house hack" model, allowing owners to subsidize mortgage payments via rental income. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile property with immediate income-generating potential in El Cajon.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1605 N Mollison Avenue Subject | $750,000* List Price | 4 | 3 | 1,550 | $460 | - |
A 955 Buckeye Ct Active | $749,900 List Price | 3 | 3 | 1,703 | $440 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1962, the property has undergone significant updates including a kitchen renovation with granite countertops and cherry cabinets (approx. 10-15 years old), solar panels, and artificial turf. The interior is well-maintained, functional, and move-in ready.
The property includes an attached granny flat with a private entrance and kitchenette, providing an excellent opportunity for rental income to subsidize mortgage payments or for multi-generational living.
Equipped with solar panels, the home offers significant savings on electricity costs, which is a highly attractive feature for long-term affordability in the San Diego region.
The backyard is fully optimized for entertainment and low maintenance, featuring a swimming pool, artificial turf, and a covered patio perfect for year-round outdoor living.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1550, other record living area = 1290. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The local public schools assigned to this address, including the elementary, middle, and high schools, currently have lower performance ratings, which may impact appeal for education-focused buyers.
With 1,550 square feet split between a three-bedroom main house and a studio ADU, the individual rooms and common areas may feel relatively small for larger families.
ADU! Cozy 3 bedroom 2 bath main house with an attached granny flat studio in the back featuring a large room with kitchenette combo and private bathroom.Granny flat has a private entrance. Live in one and rent the other to subsidize your mortgage payments. Property features a spacious backyard with artificial turf and a sparkling swimming pool, perfect for our San Diego hot summers. Enjoy lower SDGE bills as this home is equipped with Solar. Main home boasts an open kitchen living room and dining room concept, perfect for family gatherings. Kitchen has granite countertops, cherry wood cabinets, and a stainless steel refrigerator. All bedrooms and bathrooms are spacious, a perfect home for a growing family. Home features 2 driveways and an attached garage with washer and dryer hookups. Backyard is spacious with included flower beds, a shed, and a covered patio perfect for family BBQ's. Don't miss out on this spacious home with attached granny flat, it won't last long.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,550 | 2,031 |
| Lot Size | 6,400 | 8,814 |
| Price | $750.0K | $817.0K |
| Price per sq ft | $484 | $517 |
| Built year | 1962 | 1972 |
| HOA | $0 | $0 |
| Days on market | 53 | 40 |
Jul 16, 2026
$750,000
$770,000
-3% Price Drop
Initial Listing
Jun 24, 2026
$770,000
$780,000
-1% Price Drop
Initial Listing
Jun 13, 2026
$780,000
$785,000
-1% Price Drop
Initial Listing
Jun 8, 2026
$785,000
$799,000
-2% Price Drop
Initial Listing
May 30, 2026
$799,000
Initial Listing
Oct 3, 2019
$470,000
Public Record
Sep 2, 2008
$248,000
Public Record
Apr 18, 2001
$195,000
Public Record