1607 Markerry Avenue, El Cajon, California 92019, El Cajon, 92019 - 3 bed, 2 bath
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El Cajon, California 92019
This Value-Add Short Sale Opportunity is listed at $699,000, currently positioned relative to a $660,213 Fair Market Value. Holding a Condition Rating of 4, the residence requires cosmetic updates but offers essential infrastructure including central HVAC, leased solar, and a private patio. The functional single-level layout and two-car garage provide a strong foundation for forced appreciation. Located in an established neighborhood near Valhalla High School, the property benefits from strong local demand. This is an ideal acquisition for Fix-and-Flip Investors or Contractors ready to modernize a high-potential asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1607 Markerry Avenue Subject | $699,000* List Price | 3 | 2 | 1,055 | $626 | - |
A 754 Alveda Avenue Sold | $790,000 | 3 | 2 | 1,188 | $665 | 0.4 mi |
B 199 S Gina Sold | $560,000 | 3 | 2 | 1,014 | $552 | 0.5 mi |
C 1319 E Lexington Avenue Sold | $775,000 | 3 | 2 | 1,226 | $632 | 0.7 mi |
D 1520 Markerry Avenue Sold | $860,000 | 3 | 2 | 1,471 | $585 | 0.2 mi |
E 1002 Alveda Avenue Sold | $730,000 | 3 | 1 | 1,102 | $662 | 0.7 mi |
F 580 Galena St. Pending | $650,000 List Price | 3 | 2 | 1,050 | $619 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1961, this property is an aged but functional home that fits the 'fair' criteria. While it features significant system upgrades such as central HVAC and leased solar panels, the listing description's mention of an 'opportunity to personalize' and the lack of interior renovation highlights suggest that the kitchen, bathrooms, and flooring are likely outdated. The exterior shows signs of age-related wear, and the short sale status typically indicates a property where cosmetic maintenance may have been deferred.
The property is equipped with essential central heating and air conditioning along with leased solar panels, offering immediate energy efficiency and climate control in the warm El Cajon climate.
Situated in an established neighborhood, the home provides excellent proximity to highly-rated schools like Valhalla High and convenient access to local shopping, dining, and major freeways.
This 3-bedroom, single-story residence features a practical floor plan and a two-car garage, making it highly accessible and desirable for families or those seeking a low-maintenance lifestyle.
The property is a short sale subject to lender approval, which typically involves a more complex negotiation process and a significantly longer closing timeline for the buyer.
Built in 1961 and marketed as an opportunity to personalize, the home likely requires additional investment in cosmetic updates or structural modernizations to meet contemporary standards.
Offered at $675,000-$699,000. Single-level 3-bedroom, 1.5-bath home in El Cajon featuring central heating and air conditioning, a two-car garage, and leased solar for energy efficiency. The home offers a functional layout with comfortable living space and the opportunity to personalize over time. Located in an established neighborhood close to shopping, dining, schools, parks, and convenient freeway access. Short sale subject to lender approval.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.6 mi
Grades 6-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 1,055 | 1,909 | 8% |
| Lot Size | 6,000 | 8,921 | 22% |
| Price | $699.0K | $992.5K | 12% |
| Price per sq ft | $663 | $526 | 92% |
| Built year | 1961 | 1979 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 165 | 6% |
Mar 19, 2026
$699,000
Initial Listing
Oct 11, 2022
$657,500
Public Record
Aug 18, 1997
$130,000
Public Record