357 S 1st St, El Cajon, California 92019, El Cajon, 92019 - 3 bed, 2 bath
ACTIVE UNDER CONTRACT$525,000$1,132/sqft
Est. Value: $538,405
2%
FairlyEstimate
357 S 1st St, El Cajon, California 92019
3Beds
2Baths
1,132Sqft
7,200Lot
Price Vs. Estimate
The estimated value mostly matches the list price at $525,000.
Key pros and cons
Top Pros:
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 = 7200, living area = 1132.
Top Cons:
Original Condition Requiring Extensive Renovation: Being in 'original condition' means the property will require significant renovation and modernization to meet contemporary living standards and aesthetics, implying substantial upfront work.
Compared to the nearby listings
Price:$525.0K vs avg $975.0K ($-450,000)2%
Size:1,132 sqft vs avg 1,900 sqft6%
Price/sqft:$464 vs avg $51330%
More Insights
Built in 1959 (67 years old).
Condition: Built in 1959 and described as being in 'original condition,' this property requires substantial repairs and rehabilitation. The age and lack of renovation indicate that major systems (electrical, plumbing, HVAC) are likely outdated and require replacement. While not explicitly stated as unlivable or beyond repair, the need for 'extensive renovation' and 'costly repairs or replacements' aligns with the 'poor' condition criteria, suggesting significant defects in major components and an uncomfortable living state without substantial investment. No interior images are provided, but 'original condition' for a 1959 home implies severely outdated kitchens and bathrooms.
Year Built
1959
Close
-
List price
$525K
Original List price
$525K
Price/Sqft
$464
HOA
-
Days on market
-
Sold On
-
MLS number
2601034SD
Home ConditionPoor
Features
ViewNeighborhood
About this home
Situated on a generous 7,200 sq ft lot, this 3-bedroom, 2-bathroom home offers 1,132 sq ft of living space and a rare opportunity for investors, renovators, or buyers looking to create value and customize their home. The property is in original condition, providing a blank canvas for customization, upgrades, or potential expansion. The home features a two-car garage and a functional floor plan with ample natural light. The spacious lot offers room to reimagine the outdoor space, with potential for landscaping, entertaining areas, or future enhancements (buyer to verify). Located in an established El Cajon neighborhood, the property offers convenient access to local schools, shopping, dining, and major commuter routes, making it a desirable location for future resale or rental potential.
G
Gary Banks
Listing Agent
Nearby schools
3/10
Lexington Elementary School
Public,•K-5•0.1mi
4/10
Montgomery Middle School
Public,•6-8•1.1mi
3/10
El Cajon Valley High School
Public,•9-12•0.6mi
3/10
Idea Center
Public,•9-12•2.7mi
Price History
Date
Event
Price
03/31/00
Sold
$150,000
06/21/02
Sold
$253,000
Condition Rating
Poor
Built in 1959 and described as being in 'original condition,' this property requires substantial repairs and rehabilitation. The age and lack of renovation indicate that major systems (electrical, plumbing, HVAC) are likely outdated and require replacement. While not explicitly stated as unlivable or beyond repair, the need for 'extensive renovation' and 'costly repairs or replacements' aligns with the 'poor' condition criteria, suggesting significant defects in major components and an uncomfortable living state without substantial investment. No interior images are provided, but 'original condition' for a 1959 home implies severely outdated kitchens and bathrooms.
Pros & Cons
Pros
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 = 7200, living area = 1132.
Investment/Value-Add Opportunity: The property's original condition provides a blank canvas for customization, upgrades, and potential expansion, appealing to investors and renovators looking to create value.
Generous Lot Size: A substantial 7,200 sq ft lot offers significant outdoor space for landscaping, entertaining, or future enhancements, providing flexibility for outdoor living.
Desirable Location & Accessibility: Situated in an established El Cajon neighborhood with convenient access to local schools, shopping, dining, and major commuter routes, enhancing future resale or rental potential.
Functional Floor Plan & Natural Light: The home features a functional layout complemented by ample natural light, contributing to a comfortable and inviting living environment.
Two-Car Garage: The property includes a practical two-car garage, providing desirable off-street parking, storage, and added convenience.
Cons
Original Condition Requiring Extensive Renovation: Being in 'original condition' means the property will require significant renovation and modernization to meet contemporary living standards and aesthetics, implying substantial upfront work.
Age of Property (Built 1959): As a 1959 build, the home is over 60 years old, which often implies outdated systems (electrical, plumbing, HVAC) and potential for costly repairs or replacements.
Potential for High Renovation Costs: The combination of original condition and age suggests that buyers should budget for substantial financial investment to bring the property up to modern standards, which could be a barrier for some buyers.