2214 Nielsen St, El Cajon, California 92020, El Cajon, 92020 - 3 bed, 2 bath
Loading property details...
2214 Nielsen St
El Cajon, California 92020
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,674Sq Ft
29,620.801Lot Size
Property Price
LIST PRICE$750,000
EST. MARKET VALUE
$790,377
5% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $750,000—positioned well below the $790,377 Fair Market Value by 5%. This valuation gap offers $40,377 in Instant Equity for buyers. Featuring a Condition Rating of 4, this Investor Special offers significant upside through its massive 29,620 sqft lot, ideal for an ADU or pool. With stunning valley views and proximity to top-rated schools like Fletcher Hills Elementary, this is a prime acquisition for Buy-and-Hold Investors or Contractors seeking value-add potential.
Estimated Market Value
$790,377+$40,377 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in El Cajon.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1985 with kitchen and bath renovations approximately 10-15 years old. While the interior appears functional with granite countertops and stainless appliances, the 'Investor special' and 'cash buyer' designation suggests underlying maintenance or system needs that require attention.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 29620, living area = 1674.
- Expansive Lot & Outdoor Amenities
Situated on a nearly 0.68-acre lot, the property offers rare RV/boat parking and significant space for a pool or ADU, complemented by professional landscaping and turf.
- Desirable Location & Views
Located in the sought-after Fletcher Hills neighborhood, the home boasts stunning valley views and is conveniently positioned near top-rated schools and local amenities.
CONSRISKS & DEFICIENCIES
- Cash Buyer Requirement
Marketed as an 'investor special' for cash buyers, the property likely requires significant structural or cosmetic repairs that may disqualify traditional financing.
- Solar Lease Obligation
The property includes a leased solar system, which requires a buyer to assume a long-term financial contract and may complicate the escrow process.
About 2214 Nielsen St
Investor special located in a highly desirable Fletcher Hills neighborhood! This home has amazing potential for the right cash buyer. This classic ranch style home sits on a prime large lot offering incredible potential. Single Story 3 Bedroom, 2 Bath with Gorgeous Valley View! Two car attached garage and spacious driveway with room for your RV or Boat! The kitchen features granite countertops and beautiful cabinetry, opening to both the dining area and direct access to the covered patio. Designed for entertaining and everyday comfort, the separate family room features a gas fireplace and living room with access to the covered patio and backyard. Bathrooms have been remodeled. Leased Solar, newer Patio Cover, and Lush landscaping including turf on a large lot create your own private oasis, and covered patio perfect for entertaining. Plenty of Room for Pool, Hot Tub, and more! Centrally located within Fletcher Hills bordering Santee to Shopping, Restaurants, Hiking Trails, Excellent Schools. Bring your vision and unlock the possibilities!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1985
- Lot Size
- 29,620.801 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $36.0 / Month
Neighborhood Insights
El Cajon Unified Schools
Flying Hills Elementary School
Grades K-6 • 1.2 mi
5/10
Fletcher Hills Elementary School
Grades K-6 • 1.8 mi
8/10
Northmont Elementary School
Grades K-6 • 2.4 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,674 | 1,609.157 |
| Lot Size | 29,620.801 | 9,601.53 |
| Price | $750.0K | $869.6K |
| Price per sq ft | $448 | $528 |
| Built year | 1985 | 1970 |
| HOA | $36.0 | $191 |
| Days on market | 7 | 40 |
Pricing History
Listed for Sale
Sep 2, 2026
$750,000
Initial Listing
Sold
Jun 14, 2000
$240,000
Public Record