306 310 Richardson Ave, El Cajon, California 92020, El Cajon, 92020 - 5 bed, 4 bath
306 310 Richardson Ave
El Cajon, California 92020
Property Price
SUMMARY
Analysis of 306 310 Richardson Ave, El Cajon, California 92020 reveals a property with a current list price of $1,290,000, which is 15% above the estimated $1,084,263 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the El Cajon Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 306 310 Richardson Ave Subject | $1,290,000* List Price | 5 | 4 | 2,034 | $533 | - |
A 1185 Hub Court Pending | $1,175,000 List Price | 4 | 3 | 2,120 | $554 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1990, the property is well-maintained externally and features some updated flooring and fresh paint in certain areas, as seen in one interior image. However, the kitchen, a critical area, is significantly dated with older white appliances, traditional light wood cabinets, laminate countertops, and fluorescent lighting, indicating it has not been extensively renovated in the last 15-20 years. While functional, it requires substantial cosmetic updates to meet current buyer expectations and styles. The property is aged but maintained, with major components functional but showing signs of being outdated.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Unit Investment Opportunity
The property is explicitly marketed as an 'Exceptional multi-unit property' offering a rare investment or owner-user opportunity with 'strong rental potential and long-term growth value'.
- Desirable Unit Features
Units boast private entrances, individual outdoor spaces, updated flooring, functional kitchen layouts, and modern finishes, enhancing tenant appeal and owner-user comfort.
- Convenient Location
Strategically located near downtown El Cajon, shopping centers, parks, and major freeways, providing excellent accessibility and convenience for residents.
CONSRISKS & DEFICIENCIES
- Conflicting Property Type & Unit Count
The listing ambiguously describes the property as a 'TRI-plex' with 'two separate units' while also classifying it as a 'Single Family Residence'. This significant inconsistency requires immediate clarification regarding zoning, actual unit count, and potential financing implications.
- Lack of Specific Upgrade Details
While 'updated flooring' and 'modern finishes' are mentioned, the description lacks specific details on the scope and recency of these updates, or other major system upgrades (e.g., roof, HVAC, plumbing, electrical) for a 1990-built property, which could imply potential future capital expenditures.
- General Market Location
While conveniently located within El Cajon, the city itself is generally considered a more affordable, working-class suburb of San Diego, which may limit top-tier rental rates or rapid appreciation compared to premium coastal or more affluent inland communities.
About 306 310 Richardson Ave
Exceptional multi-unit property offering a rare investment or owner-user opportunity in the heart of El Cajon. This well-maintained TRI-plex features two separate units on one lot, each with private entrances and individual outdoor spaces. The front unit offers a spacious living area with abundant natural light, updated flooring, and a functional kitchen layout. The rear units includes a comfortable open floor plan with modern finishes and a private yard. Ample off-street parking and mature landscaping enhance the property’s appeal. Conveniently located near downtown El Cajon, shopping, parks, and major freeways. A solid asset with strong rental potential and long-term growth value. Information deemed reliable but not guaranteed. Buyer and buyer’s agent are advised to independently verify all information, including but not limited to square footage, lot size, zoning, and permits.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1990
- Lot Size
- -
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 4.0 | 2.0 | 94% |
| Square foot | 2,034 | 1,855 | 61% |
| Lot Size | - | 9,200 | 13% |
| Price | $1.29M | $945.0K | 89% |
| Price per sq ft | $634 | $521 | 81% |
| Built year | 1990 | 1965 | 93% |
| HOA | $0 | $0 | 50% |
| Days on market | 125 | 148 | 38% |
Pricing History
Listed for Sale
Nov 2, 2025
$1,290,000
Initial Listing