307 E Washington Ave, El Cajon, California 92020, El Cajon, 92020 - 4 bed, 3 bath

307 E Washington Ave, El Cajon, California 92020 home-pic-0

307 E Washington Ave

El Cajon, California 92020

ACTIVE
CONDITION: POOR
4Beds
3Baths
2,191Sq Ft
20,950Lot Size

Property Price

LIST PRICE$1,100,000
EST. MARKET VALUE
$924,842
18% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$924,842
Based on Realkey algorithm analyzing recent comparable sales in El Cajon.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
307 E Washington Ave
Subject
$1,100,000*
List Price
432,191$422-
A
306 310 Richardson Ave
Active
$1,290,000
List Price
542,034$6340.9 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

Built in 1946, the property is in mostly original condition and requires a complete transformation. The kitchen and bathrooms feature severely outdated cabinetry, tiling, and appliances from several decades ago. The listing explicitly targets investors and contractors, noting the need for significant renovation to modernize the aging infrastructure and living spaces, which is consistent with the 'poor' condition criteria for properties requiring substantial rehabilitation.

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 = 20950, living area = 2191.

  • Exceptional Development Potential

    The massive 20,950 sqft flat lot is zoned R-6, offering rare opportunities for lot splitting, expansion, or high-density residential development in a prime mixed-use neighborhood.

  • Income-Producing Configuration

    The property features an attached 1-bedroom ADU with a separate entrance, providing immediate potential for rental income or a perfect setup for multi-generational living.

CONSRISKS & DEFICIENCIES

  • Significant Renovation Required

    Built in 1946, the original structure requires a complete transformation and significant capital investment to modernize the living spaces and aging infrastructure.

  • Development Uncertainty

    While the zoning suggests high potential, the feasibility of lot splitting and specific development projects is subject to buyer verification and city approval processes.

About 307 E Washington Ave

RARE MASSIVE INVESTMENT POTENTIAL!!!! Nearly half an acre in El Cajon, flat, usable, conveniently located, and loaded with potential. At just under 1/2 acre, this is one of the largest residential parcels in the area, offering room to build, expand, renovate, or completely transform the property! The existing original home features over 2,100SF with ATTACHED ADU, pool, built-in BBQ and firepit area creating the PERFECT multi-generational compound or investment opportunity ready for your transformation! Located in a mixed-use neighborhood and currently zoned R-6 with potential for lot splitting (buyer to verify), the income producing possibilities are substantial. Existing home features 3 bedrooms, 2 baths, separate laundry room and incredible sunroom overlooking the oversized yard, with an attached 1 bedroom ADU with separate entrance. The circular driveway and multiple outbuildings provide ample parking for cars, boats and RVs. Whether you are looking to renovate and make the place your own, or reimagine the space to maximize best use potential, this one-of-a-kind property presents exceptional development opportunities. Bring your contractor and your vision. Rare land. Rare scale. Rare opportunity.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1946
Lot Size
20,950 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
3 (3 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
55%
Baths3.02.0
61%
Square foot2,1911,855
67%
Lot Size20,9509,205
79%
Price$1.10M$945.0K
70%
Price per sq ft$502$519
42%
Built year19461964
1%
HOA$0$0
50%
Days on market15148
1%

Pricing History

Listed for Sale

Feb 20, 2026

$1,100,000

Initial Listing

Sold

Apr 1, 1994

$164,500

Public Record

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