
El Cajon, California 92020
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $799,000—positioned well below the $812,122 Fair Market Value by 1.6%. This valuation gap offers $13,122 in Instant Equity. Featuring a Mint Condition Rating with modern interior finishes and a massive 7,515 sq. ft. lot with rear easement, the property offers significant ADU development potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home with long-term income-generating capabilities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 317 W Chase Ave W Subject | $799,000* List Price | 3 | 2 | 1,155 | $703 | - |
A 737 Laguna Sold | $820,000 | 3 | 2 | 1,224 | $670 | 0.4 mi |
B 602 Ecken Rd Sold | $790,000 | 3 | 2 | 1,118 | $707 | 0.3 mi |
C 906 Selina Street Sold | $820,000 | 3 | 2 | 1,232 | $666 | 0.7 mi |
D 433 E Washington Avenue Sold | $730,000 | 3 | 2 | 1,056 | $691 | 0.7 mi |
E 896 Salina St Sold | $796,000 | 3 | 2 | 1,232 | $646 | 0.7 mi |
F 782 W W Renette Ave Sold | $740,000 | 3 | 2 | 1,086 | $681 | 0.5 mi |
G 686 Van Houten Avenue Sold | $720,000 | 3 | 2 | 1,064 | $677 | 0.5 mi |
H 962 Wilson Avenue Sold | $790,000 | 3 | 2 | 1,278 | $618 | 0.6 mi |
I 669 Skyview St Active | $750,000 List Price | 3 | 2 | 1,152 | $651 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1955, the property has undergone a comprehensive recent renovation (likely <5 years) featuring a modern kitchen with white shaker cabinets and stainless appliances, new large-format tile flooring, recessed lighting, and updated mini-split HVAC systems. The interior and exterior appear in mint, move-in ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7515, living area = 1155.
The expansive 7,515 sq. ft. lot features a rare private rear easement, providing ideal access and significant potential for multiple ADUs or a junior ADU to maximize rental income.
The home boasts a bright, modernized interior with updated finishes, tile flooring, and contemporary appliances, offering a move-in-ready experience for immediate occupancy.
At approximately 1,155 sq. ft. for a 3-bedroom, 2-bath configuration, the living areas and bedrooms may feel compact for larger families or those seeking spacious rooms.
Originally constructed in 1955, the property may have aging core systems that require ongoing maintenance or future upgrades despite the recent cosmetic interior improvements.
This beautifully updated 3-bedroom, 2-bath home offers approximately 1,155 sq. ft. of living space on an expansive 7,515 sq. ft. lot with valuable rear access, creating a rare opportunity for homeowners, investors, and builders alike. Inside, you'll find a bright, inviting interior featuring updated finishes, tile flooring, modern appliances and a spacious bonus room. The expansive lot with private rear access provides outstanding flexibility for future ADU development, a private family compound, or additional living space, offering endless possibilities for today's homeowner and tomorrow's investment. The property features a private" easement in back for easy access to backyard /future ADU/ADUs. New changes in California law may allow up to three ADUs plus one JADU. Whether you're looking to create rental income, expand your living space, or invest in long-term value, this property offers incredible flexibility. **To help visualize the possibilities an AI-generated conceptual rendering illustrating potential development was created**
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 | 1,155 | 1,609.157 |
| Lot Size | 7,515 | 9,601.53 |
| Price | $799.0K | $869.6K |
| Price per sq ft | $692 | $528 |
| Built year | 1955 | 1970 |
| HOA | $0 | $191 |
| Days on market | 6 | 40 |
Sep 3, 2026
$799,000
Initial Listing
Apr 19, 2019
$430,000
Public Record
Dec 2, 2016
$335,000
Public Record