377 El Monte Rd, El Cajon, California 92020, El Cajon, 92020 - 5 bed, 3 bath
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El Cajon, California 92020
This High-Potential Investment Opportunity is a fully operational, turnkey asset listed at $900,000—positioned well below the $864,898 Fair Market Value by 4%. Featuring a Complete Remodel and a Condition Rating of 2, this property generates an average monthly rental income of $10,700. With a Private Pool and Secluded Backyard, it offers immediate cash flow or a premium lifestyle. This versatile property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-performing, move-in ready residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 377 El Monte Rd Subject | $915,000* List Price | 5 | 3 | 1,602 | $556 | - |
A 503 N Cuyamaca St Sold | $840,000 | 3 | 2 | 1,348 | $623 | 0.2 mi |
B 528 N Cuyamaca St Sold | $905,000 | 3 | 3 | 1,838 | $492 | 0.2 mi |
C 468 Manor Sold | $795,000 | 3 | 2 | 1,614 | $493 | 0.6 mi |
D 1387 Weers St. Sold | $875,000 | 3 | 2 | 1,729 | $506 | 0.4 mi |
E 1760 Essex Sold | $1,025,000 | 3 | 2 | 1,877 | $546 | 0.6 mi |
F 473 Dewane Drive Sold | $969,000 | 3 | 2 | 1,437 | $674 | 0.2 mi |
G 652 La Sombra Drive Sold | $850,000 | 3 | 2 | 1,749 | $486 | 0.7 mi |
H 527 La Sombra Drive Sold | $785,000 | 3 | 2 | 1,320 | $595 | 0.6 mi |
I 459 N Cuyamaca Active | $890,000 List Price | 5 | 3 | 1,890 | $471 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1952, the property has undergone a 'complete remodel' as stated in the description, which is strongly supported by the images. The kitchen features modern stainless steel appliances, white shaker cabinets, and updated countertops. All three bathrooms are extensively renovated with modern vanities, fixtures, and stylish tile work (marble-look and mosaic accents). Throughout the home, there is new LVP flooring, fresh paint, modern light fixtures, ceiling fans, and mini-split AC units, indicating a recent and comprehensive update. The overall condition is virtually new, meeting current quality standards with no visible deferred maintenance.
The property is a fully functioning Airbnb with an impressive average gross monthly rental income of $10,700, offering immediate cash flow for investors.
The home has undergone a complete remodel, ensuring modern aesthetics, updated features, and a move-in ready condition for buyers.
Features a private pool and a secluded backyard, providing excellent opportunities for relaxation, entertainment, and enjoying the California climate.
Built in 1952, while completely remodeled, the underlying structure and some systems may still be original, potentially leading to unforeseen maintenance needs in the long term.
The property has experienced multiple price drops from its original list price, which could suggest it was initially overpriced or indicate a slower market response.
The presence of a pool and a secluded backyard, while attractive, will incur regular maintenance expenses for cleaning, chemicals, and landscaping.
4Br/3Bath w/Pool and secluded backyard...Get Ready for summer!!..complete remodel and fully functioning Airbnb with an average gross monthly rental of $10,700. Make it your oasis home or rent it out and capture rental income as soon as escrow closes! House can come furnished or unfurnished
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades K-6 • 1.1 mi
Grades 6-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,602 | 1,574 |
| Lot Size | - | 9,779 |
| Price | $915.0K | $894.9K |
| Price per sq ft | $571 | $528 |
| Built year | 1952 | 1970 |
| HOA | $0 | $200 |
| Days on market | 261 | 42 |
Jul 14, 2026
$915,000
$930,000
-2% Price Drop
Initial Listing
Jun 18, 2026
$930,000
$900,000
+3% Price Increase
Initial Listing
Jun 5, 2026
$900,000
$880,000
+2% Price Increase
Initial Listing
Jan 15, 2026
$880,000
$892,000
-1% Price Drop
Initial Listing
Jan 3, 2026
$892,000
$945,000
-6% Price Drop
Initial Listing
Nov 3, 2025
$945,000
Initial Listing
Aug 23, 2021
$527,000
Public Record