1605 N Mollison Avenue, El Cajon, California 92021, El Cajon, 92021 - 4 bed, 3 bath
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El Cajon, California 92021
This Dual-Living Residential Property is a Strong Value Opportunity, listed at $805,000—positioned well below the $876,583 Fair Market Value by 8%. This valuation gap offers $71,583 in Instant Equity. Boasting a Condition Rating of 3, the home features a Modernized Granite Kitchen, Solar Panels, and a Sparkling Pool. The unique 2-on-1 configuration with an attached granny flat provides immediate rental income potential to subsidize mortgage payments. This versatile asset is an ideal match for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking a turnkey, income-producing sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1605 N Mollison Avenue Subject | $805,000* List Price | 4 | 3 | 1,550 | $566 | - |
A 1617 Plumeria Drive Sold | $800,300 | 3 | 2 | 1,298 | $617 | 0.5 mi |
B 1728 Poinciana Drive Sold | $775,000 | 3 | 2 | 1,514 | $512 | 0.6 mi |
C 1552 Cajon Greens Pl Sold | $915,000 | 4 | 3 | 1,691 | $541 | 0.1 mi |
D 787 Applewood Dr Sold | $770,000 | 3 | 2 | 1,404 | $548 | 0.8 mi |
E 758 Applewood Drive Sold | $770,000 | 3 | 2 | 1,382 | $557 | 0.8 mi |
F 8321 Sheila Street Sold | $750,000 | 3 | 2 | 1,295 | $579 | 0.7 mi |
G 1729 Burnet St Active | $849,999 List Price | 4 | 2 | 1,411 | $602 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features several significant updates, including a modernized kitchen with granite countertops and stainless steel appliances, solar panels, and a well-maintained backyard with a pool and artificial turf. While the 1962 build date is reflected in some older finishes like the bedroom carpeting and the basic kitchenette in the granny flat, the overall condition is well-maintained with functional systems and no immediate need for major renovation.
The '2-on-1' configuration featuring an attached granny flat with a private entrance and kitchenette provides an excellent opportunity for rental income to subsidize mortgage payments or for multigenerational living.
Equipped with solar panels to significantly lower utility bills, the property also features a swimming pool and artificial turf, offering a low-maintenance backyard perfect for the San Diego climate.
The main residence boasts an open-concept living area and a contemporary kitchen updated with granite countertops, cherry wood cabinetry, and stainless steel appliances.
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 assigned public schools for this location currently hold lower performance ratings (mostly 3/10), which may be a drawback for families prioritizing high-ranking educational districts.
Originally constructed in 1962, the home may require more frequent maintenance or future infrastructure updates compared to newer builds, despite the visible cosmetic renovations.
2 on 1! 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. 2 on 1! 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 60% |
| Baths | 3.0 | 2.0 | 60% |
| Square foot | 1,550 | 1,581 | 46% |
| Lot Size | 6,400 | 10,106 | 29% |
| Price | $805.0K | $815.0K | 46% |
| Price per sq ft | $519 | $517 | 51% |
| Built year | 1962 | 1975 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 167 | 3% |
Apr 10, 2026
$805,000
Initial Listing
Oct 3, 2019
$470,000
Public Record
Sep 2, 2008
$248,000
Public Record
Apr 18, 2001
$195,000
Public Record