3232 Monterey Crest Drive, Jamul, California 91935, Jamul, 91935 - 3 bed, 3 bath
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Jamul, California 91935
This Multi-Family Residential Estate is a High-Potential Investment Opportunity, listed at $1,275,000. While currently priced above the $1,134,287 Fair Market Value, the property offers significant long-term value through its Mint Condition Rating and income-generating potential. Featuring a fully remodeled main house, a brand-new 840 sq. ft. ADU, and modern infrastructure like paid solar and 400-amp service, this asset provides immediate rental income. The expansive 1.5-acre lot offers immense versatility for equestrian or workshop additions. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, income-producing sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3232 Monterey Crest Drive Subject | $1,275,000* List Price | 3 | 3 | 2,040 | $556 | - |
A 14790 Hidden Trail Way Sold | $1,100,000 | 4 | 3 | 2,337 | $471 | 0.5 mi |
B 3605 Hidden Trail Dr Sold | $1,200,000 | 4 | 3 | 2,590 | $463 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a main house that was completely remodeled within the last few years and a brand-new ADU built within the last two years. Systems are highly upgraded with a 400-amp electrical service, paid solar with battery backup, and modern mini-split HVAC units. The kitchen and bathrooms are fully modernized, placing the entire estate 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 = 68389, living area = 2040.
The property includes a recently constructed 2-bedroom, 1-bath ADU currently rented for $2,500 per month, offering immediate rental income or a flexible multi-generational living arrangement.
Equipped with a fully paid solar system, battery backup, and an upgraded 400-amp electrical service, the home provides significant long-term utility savings and modern power reliability.
While the interior has been remodeled, the main structure dates back to 1977, which may necessitate ongoing maintenance of older underlying systems compared to newer constructions.
Situated in Jamul, the property’s remote setting may result in longer commute times to major metropolitan hubs and limited immediate access to urban shopping and dining amenities.
Perfect multi family property. Main house is a three bedroom, two bath home that was completely remodeled a few years ago. The kitchen is amazing, with tons of custom cabinetry, center island, solid surface counters, bar, etc. Dining room holds a large table and has beautiful built in cabinets. Updated bathrooms. This house is ready to move in. The ADU is a two bedroom, one bath unit, 840 sq. ft. built within the last two years. It is currently rented for $2500 per month, tenant is month to month, but a great tenant. The property was updated with 400 amp service, Paid Solar plus battery backup. Nice concrete work all around the house and ADU. Property is cross fenced. So much you can do on this property.....barns, corrals, metal building, your dreams.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.5 |
| Baths | 3.0 | 2.5 |
| Square foot | 2,040 | 2,285.5 |
| Lot Size | 68,389.203 | 182,516 |
| Price | $1.27M | $975.3K |
| Price per sq ft | $625 | $465 |
| Built year | 1977 | 1983 |
| HOA | $0 | $488 |
| Days on market | 13 | 42 |
Jul 9, 2026
$1,275,000
Initial Listing
May 17, 2024
$1,001,000
Public Record
Mar 5, 2010
$325,000
Public Record
Nov 16, 2006
$592,500
Public Record