1772 Greenfield Court, El Cajon, California 92021, El Cajon, 92021 - 3 bed, 2 bath
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El Cajon, California 92021
This property presents a High-Potential Investment Opportunity with a List Price of $799,995—positioned well above the $649,829 Fair Market Value. While the price reflects a premium, the asset offers significant upside through its 20,473 sqft lot and SB-9 development potential. With a Condition Rating of 6, the existing 1,188 sqft structure requires modernization, making it a strategic play for land-banking or density expansion. This is a value-add acquisition ideal for Real Estate Developers or Buy-and-Hold Investors focused on long-term subdivision and unit-addition strategies.
Property is land value only, full reconstruction required.
Built in 1957, this property is over 65 years old with no evidence of renovations. The listing description explicitly focuses on the land value, storage space, and SB-9 lot-split potential rather than the home's interior or systems, suggesting the structure is at the end of its functional life.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20473, living area = 1188.
The property offers significant investment upside with potential for an SB-9 lot split or the addition of multiple units, providing a high-value opportunity for developers or multi-generational families.
Situated on nearly half an acre (20,473 sqft), the oversized lot provides rare and ample space for RV parking, boat storage, and large workshops that are difficult to find in standard residential areas.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =20473, other record lot size in square feet = 21068.
Built in the late 1950s and marketed as needing a 'personal touch,' the home likely requires significant modernization and capital investment to meet contemporary living standards.
At just 1,188 square feet, the existing structure is relatively small for the price point, indicating that the list price is heavily weighted toward the land value rather than the dwelling's size.
Potential, at this nearly half-acre property with room for everything you own. Existing single-level home offers 3 bedrooms, 2 baths, and an attached garage—ready for your personal touch. The the real value here: possible SB-9 lot-split or additional units (buyer to verify with the City of El Cajon). Whether you need space for toy haulers, RVs, boats, or a large workshop, you’ll find plenty of room to spread out. Think of the money you’ll save by storing all your equipment and vehicles right at home. 1959 single-level home on a spacious lot in El Cajon. The large parcel may allow an SB 9 lot split with potential for additional units— Buyer to verify all subdivision and development possibilities with the City of El Cajon.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,188 | 1,574 |
| Lot Size | 20,473 | 9,779 |
| Price | $800.0K | $894.9K |
| Price per sq ft | $673 | $528 |
| Built year | 1957 | 1970 |
| HOA | $0 | $200 |
| Days on market | 13 | 42 |
Jul 9, 2026
$799,995
Initial Listing