
El Cajon, California 92021
This property presents a High-Potential Investment Opportunity with a List Price of $1,050,000—positioned well below the $1,043,284 Fair Market Value (priced at market). This Dual-Dwelling Configuration on a 1.27-acre lot offers significant upside for forced appreciation. With a Condition Rating of 5, the property requires comprehensive rehabilitation of major systems and the existing pool. The expansive lot and flexible zoning provide a rare canvas for value-add strategies. This is a high-reward acquisition ideal for Buy-and-Hold Investors or Contractors seeking a significant renovation project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1684 Broadway Subject | $1,050,000* List Price | 5 | 2 | 2,652 | $393 | - |
A 1163 Tuscan Court Active | $850,000 List Price | 3 | 2 | 2,022 | $420 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1953 and marketed explicitly as a fixer-upper, this property shows significant signs of deferred maintenance including visible water damage/staining on the ceilings and a non-functional, empty swimming pool. While the structures are standing, the age (>70 years) and the 'as-is' condition necessitate a full rehabilitation of the kitchens, bathrooms, and likely all major systems (HVAC/Electric) to meet modern safety and functional standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 55321, living area = 2652.
The property features two separate residences on one lot—a 2,600 sq. ft. main home and a 1,500 sq. ft. second home—offering exceptional potential for multi-generational living or dual rental income.
Situated on approximately 1.27 acres, this rare, oversized lot provides significant space for outdoor amenities, ample parking, and potential further development in a central El Cajon location.
The property is a significant fixer-upper sold in 'as-is' condition, requiring a substantial capital investment to restore both homes and the swimming pool to a habitable or marketable state.
Built in 1953, the structures likely require comprehensive updates to major systems, including electrical, plumbing, and HVAC, to meet modern building codes and efficiency standards.
Attention Investors, Contractors & Value-Add Buyers! Rare opportunity to transform this fixer-upper situated on approximately 1.27 acres in the heart of El Cajon. With two homes on one lot, a private swimming pool, and a history of operating as a Residential Care Facility and Independent Living Facility, this property offers exceptional upside for the right buyer. The main residence offers approximately 2,600 sq. ft., while the second home features approximately 1,500 sq. ft. with 2 bedrooms and 1 bathroom. Both homes are ready for renovation, making this an ideal project for investors looking to add value and maximize returns. Whether your strategy is to renovate and resell, renovate and hold as an income-producing property, create multi-generational living, or explore other permitted uses (buyer to verify with the appropriate agencies), this property offers tremendous potential. The expansive lot provides ample parking and outdoor space, while the existing pool adds additional value once restored. Conveniently located near major freeways, shopping, restaurants, and schools, opportunities like this are becoming increasingly difficult to find in San Diego County. Bring your vision, your contractor, and your imagination—this is the fixer-upper you've been waiting for! Property is being sold AS-IS. Buyer and Buyer's Agent to verify all information, including square footage, zoning, permits, prior use, condition, and any potential future uses of the property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,652 | 1,574 |
| Lot Size | 55,321 | 9,779 |
| Price | $1.05M | $894.9K |
| Price per sq ft | $396 | $528 |
| Built year | 1953 | 1970 |
| HOA | $0 | $200 |
| Days on market | 1 | 42 |
Jul 21, 2026
$1,050,000
Initial Listing
Dec 6, 1996
$180,000
Public Record