
El Cajon, California 92020
This property presents a High-Potential Investment Opportunity with a List Price of $599,000—positioned slightly above the $580,039 Fair Market Value. While the property requires significant capital, its Fair Condition Rating and expansive 14,100 sqft lot offer substantial value-add potential through renovation or ADU development. Located near major transit corridors and top-rated schools like Fletcher Hills Elementary, this asset is well-positioned for long-term growth. This is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking a project with significant land-use upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 161 Garfield Ave Subject | $599,000* List Price | 2 | 1 | 819 | $708 | - |
A 453 N Westwind Sold | $680,000 | 3 | 2 | 1,056 | $644 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1951 (73+ years old) with no evidence of renovation; listing explicitly targets investors and cash buyers as a fixer-upper, emphasizing land value and location over the small, neglected structure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14100, living area = 819.
Situated near Fletcher Hills and Grossmont with immediate access to Interstate 8 and Fletcher Parkway, offering exceptional convenience for commuters and shoppers.
The generous 14,100 square foot lot provides significant potential for expansion, landscaping, or the addition of an Accessory Dwelling Unit (ADU) to maximize value.
As a designated fixer-upper, the property likely requires substantial capital investment for repairs and modernization, making it unsuitable for traditional financing or move-in buyers.
With only 819 square feet of living space and a 2-bedroom, 1-bathroom configuration, the current footprint is restrictive for larger households or modern living standards without an addition.
Attention investors, contractors and cash buyers. Fixer home in great location! Close to Grossmont everything, Fletcher Hills and freeways, this home offers an opportunity to invest a little and get a lot!! Located on the peaceful but primary thoughfare of Severin & Garfield between frw 8 and Fletcher Parkway. If it's Convenience that matters most to buyers and making daily life easier, this one will sell quick with any remodel!!!
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.4 mi
Grades K-6 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 819 | 1,609.157 |
| Lot Size | 14,100 | 9,601.53 |
| Price | $599.0K | $869.6K |
| Price per sq ft | $731 | $528 |
| Built year | 1951 | 1970 |
| HOA | $0 | $191 |
| Days on market | 19 | 40 |
Aug 21, 2026
$599,000
Initial Listing