367 Richfield Ave, El Cajon, California 92020, El Cajon, 92020 - 5 bed, 3 bath
367 Richfield Ave
El Cajon, California 92020
Property Price
SUMMARY
Analysis of 367 Richfield Ave, El Cajon, California 92020 is currently available with a list price of $995,000. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1980, the property is aged but has received occasional updates. Unit 1 features a recently updated kitchen with modern stainless steel appliances and an updated bathroom vanity. However, Unit 2's kitchen is dated with older cabinets and appliances, and its bathroom shows some wear. Cooling is provided by mini-split and window AC units, indicating a lack of central air. The property is functional and livable but requires minor updates to standardize the condition across both units and address outdated components.
PROSSTRENGTHS & OPPORTUNITIES
- Strong Income Potential
With each unit projected to rent for approximately $3,500/month, the property offers a substantial potential gross monthly income of $7,000, making it an attractive investment for cash flow.
- Vacant for Immediate Opportunity
The property being vacant provides immediate flexibility for a new owner to either occupy one unit, select new tenants at market rates, or undertake renovations without tenant disruption.
- Multi-Unit Configuration
As a duplex with two distinct units and separate entrances, it offers versatility for investors (two rental incomes) or owner-occupiers (live in one, rent the other).
CONSRISKS & DEFICIENCIES
- Age of Property & Potential for Updates
Built in 1980, the property is over 40 years old and may require significant capital expenditure for updates to systems and aesthetics to meet current market expectations and maximize rental income.
- Limited Lot Size
The listed lot size of 1914 sqft is exceptionally small for a duplex with two separate units, potentially limiting outdoor living space and overall appeal, especially for families.
- Unspecified Interior Condition
The description lacks details on the current interior condition or recent renovations, which could indicate a need for significant cosmetic or functional upgrades to attract premium tenants or buyers.
About 367 Richfield Ave
Beatiful Duplex. Vacant. Call, text first for combo code than go direct. 367–369 Richfield Ave, El Cajon, CA is a duplex consisting of two units with a total of 5 bedrooms and 3 bathrooms. The property features separate entrances and functional floor plans. Two Single Family Houses On Lot. Conveniently located near local shopping, schools, and major transportation routes. Each units rent around $ 3,500 a month.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1980
- Lot Size
- 1,914 Sq. Ft.
Interior
- Total Bedrooms
- 5
- 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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 2.0 | 67% |
| Baths | 3.0 | 2.0 | 67% |
| Square foot | 1,914 | 1,914 | 50% |
| Lot Size | 1,914 | 9,147.6 | 33% |
| Price | $995.0K | $995.0K | 50% |
| Price per sq ft | $520 | $520 | 50% |
| Built year | 1980 | 1980 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 50 | 64 | 33% |
Pricing History
Listed for Sale
Jan 16, 2026
$995,000
Initial Listing