377 El Monte Rd, El Cajon, California 92020, El Cajon, 92020 - 4 bed, 3 bath
377 El Monte Rd
El Cajon, California 92020
Property Price
SUMMARY
Analysis of 377 El Monte Rd, El Cajon, California 92020 reveals a Fairly Priced Property with a current list price of $880,000 aligned with the estimated $856,288 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 377 El Monte Rd Subject | $880,000* List Price | 4 | 3 | 1,602 | $535 | - |
A 346 El Monte Rd Sold | $820,000 | 4 | 2 | 1,608 | $510 | 0.1 mi |
B 2213 Chatham Street Sold | $900,000 | 3 | 2 | 1,743 | $516 | 0.9 mi |
C 370 N Cuyamaca St Sold | $812,000 | 3 | 2 | 1,300 | $625 | 0.1 mi |
D 484 Gardner St Sold | $700,000 | 2 | 1 | 1,336 | $524 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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.
PROSSTRENGTHS & OPPORTUNITIES
- High Rental Income Potential
The property is a fully functioning Airbnb with an impressive average gross monthly rental income of $10,700, offering immediate cash flow for investors.
- Recent Complete Remodel
The home has undergone a complete remodel, ensuring modern aesthetics, updated features, and a move-in ready condition for buyers.
- Desirable Outdoor Amenities
Features a private pool and a secluded backyard, providing excellent opportunities for relaxation, entertainment, and enjoying the California climate.
CONSRISKS & DEFICIENCIES
- Age of Original Structure
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.
- Recent Price Reductions
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.
- Ongoing Maintenance Costs
The presence of a pool and a secluded backyard, while attractive, will incur regular maintenance expenses for cleaning, chemicals, and landscaping.
About 377 El Monte Rd
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
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1952
- Lot Size
- -
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
El Cajon Unified Schools
Flying Hills Elementary School
Grades K-6 • 0.9 mi
Fletcher Hills Elementary School
Grades K-6 • 1.1 mi
Cajon Valley Middle School
Grades 6-8 • 1.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 55% |
| Baths | 3.0 | 2.0 | 61% |
| Square foot | 1,602 | 1,851 | 36% |
| Lot Size | - | 9,200 | 13% |
| Price | $880.0K | $930.0K | 39% |
| Price per sq ft | $549 | $521 | 61% |
| Built year | 1952 | 1964 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 124 | 148 | 37% |
Pricing History
Listed for Sale
Jan 15, 2026
$880,000
$892,000
-1% Price Drop
Initial Listing
Price Change
Jan 3, 2026
$892,000
$945,000
-6% Price Drop
Initial Listing
Price Change
Nov 3, 2025
$945,000
Initial Listing
Sold
Aug 23, 2021
$527,000
Public Record