447 Patrick Drive, El Cajon, California 92019, El Cajon, 92019 - 3 bed, 1 bath
ACTIVE$599,000
447 Patrick Drive, El Cajon, California 92019
3Beds
1Bath
1,052Sqft
63,162Lot
Price Vs. Estimate
Estimation data not available
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 = 63162, living area = 1052.
Top Cons:
Extensive Deferred Maintenance: The property requires significant investment for repairs and upgrades, including floor coverings, HVAC installation, and deck repair.
Compared to the nearby listings
Price:$599.0K vs avg $953.9K ($-354,850)2%
Size:1,052 sqft vs avg 1,791 sqft5%
Price/sqft:$569 vs avg $51972%
More Insights
Built in 1953 (72 years old).
Condition: This property, built in 1953 and on the market for the first time in 54 years, exhibits extensive deferred maintenance and outdated systems. The listing explicitly states it is 'in need of floor coverings, HVAC, deck repair and more' and requires a 'cash or rehab loan,' indicating it does not qualify for conventional financing due to its condition. Images show worn hardwood floors, peeling walls, and older light fixtures/ceiling fans. While no images of the kitchen or bathroom are provided, given the property's age, lack of recent renovations, and the general state of disrepair, it is highly probable that these areas are original or very outdated and require complete modernization. The property requires substantial repairs and rehabilitation to be safely and comfortably livable.
Year Built
1953
Close
-
List price
$599K
Original List price
$599K
Price/Sqft
$569
HOA
-
Days on market
-
Sold On
-
MLS number
PTP2507192
Home ConditionPoor
Features
Good View: Canyon, Mountain(s), Panoramic
Deck
Patio
ViewCanyon, Mountain(s), Panoramic
About this home
Buyer's home fell out of escrow so we're back on market. Opportunities can be yours on this 3 bedroom home sited on 1.45 acres. First time on the market in 54 years. Property boasts panoramic views of Harbison Canyon, large trees, room for RV, horses and garden areas. With two APN's that includes 4 subdivision parcels, this property screams for a future ADU or more. Make sure you check out the beautiful rockwork, block retaining walls and asphalted access roads throughout the property. Property has some differed maintenance and is in need of floor coverings, HVAC, deck repair and more. Need cash or rehab loan.
Nearby schools
6/10
Granite Hills High School
Public,•9-12•5.5mi
3/10
Idea Center
Public,•9-12•8.9mi
Condition Rating
Poor
This property, built in 1953 and on the market for the first time in 54 years, exhibits extensive deferred maintenance and outdated systems. The listing explicitly states it is 'in need of floor coverings, HVAC, deck repair and more' and requires a 'cash or rehab loan,' indicating it does not qualify for conventional financing due to its condition. Images show worn hardwood floors, peeling walls, and older light fixtures/ceiling fans. While no images of the kitchen or bathroom are provided, given the property's age, lack of recent renovations, and the general state of disrepair, it is highly probable that these areas are original or very outdated and require complete modernization. The property requires substantial repairs and rehabilitation to be safely and comfortably livable.
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 = 63162, living area = 1052.
Subdivision & ADU Potential: Property includes two APNs with four subdivision parcels, offering significant development and Accessory Dwelling Unit (ADU) opportunities.
Expansive Lot & Versatility: Sited on 1.45 acres, providing ample space for RVs, horses, garden areas, and various outdoor activities.
Panoramic Views: Boasts stunning panoramic views of Harbison Canyon, enhancing aesthetic appeal and potential property value.
Established Site Improvements: Features existing rockwork, block retaining walls, and asphalted access roads throughout the property, indicating prior investment in infrastructure.
Long-Term Ownership Opportunity: First time on the market in 54 years, suggesting a rare chance to acquire a property with significant potential.
Cons
Extensive Deferred Maintenance: The property requires significant investment for repairs and upgrades, including floor coverings, HVAC installation, and deck repair.
Financing Limitations: The current condition necessitates cash or a specialized rehab loan, potentially limiting the pool of eligible buyers.
Outdated Systems & Features: Built in 1953, the home likely has outdated systems and finishes (e.g., lack of HVAC, 1 bathroom for 3 bedrooms) requiring modernization.