
El Cajon, California 92020
This Multi-Residence Property is a High-Potential Investment Opportunity, listed at $1,225,000—positioned slightly above the $1,191,657 Fair Market Value. While not a discount buy, the property offers significant utility through its Three-Residence Configuration, including a 3-bedroom main house and two updated studios. With a Good Condition Rating, Solar Power System, and Large 11,761 sqft Lot, this asset provides immediate rental income potential or flexible multigenerational living. This versatile property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility, income-generating compound.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 455 Filbert Street Subject | $1,189,000* List Price | 5 | 4 | 2,520 | $457 | - |
A 943 S Anza Street Sold | $850,000 | 4 | 3 | 1,681 | $506 | 0.6 mi |
B 840 Hale Court Sold | $835,000 | 3 | 2 | 1,789 | $467 | 0.7 mi |
C 975 89 S Lincoln Ave Pending | $1,295,000 List Price | 5 | 4 | 2,475 | $523 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1968, the property has undergone significant renovations that make it move-in ready. The interior features updated laminate flooring, recessed lighting, and fresh paint. The studio units have remodeled kitchens and bathrooms, and the entire property benefits from newer HVAC systems, water heaters, and a solar power system, placing it firmly in the well-maintained 'Good' category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11761, living area = 2520.
This rare three-residence property features a 3-bedroom main house and two updated studios, offering exceptional flexibility for multigenerational living or significant rental income.
The inclusion of a solar power system servicing all three units, combined with newer furnaces and water heaters, provides substantial utility savings and modern operational efficiency.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =11761, other record lot size in square feet = 11900. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
Several assigned schools, including the local elementary and high schools, carry lower performance ratings, which may be a consideration for families with school-aged children.
Originally constructed in 1968, the main residence may require more frequent maintenance or further aesthetic updates to match the modernized studio units.
Rare multigenerational opportunity on a spacious 0.27-acre lot! Designed for today's extended families, this versatile property offers space, privacy, and endless possibilities. The original 2,500 sq. ft. home features 4 bedrooms and 3 bathrooms, including a private fourth-bedroom suite with its own entrance, kitchenette, and bath—perfect for aging parents, adult children, guests, or a home office. A detached studio casita with a remodeled kitchen and bathroom provides additional independent living space for family, visitors, or rental income. Each residence enjoys its own private yard, while the expansive lot offers abundant off-street parking for multiple households and plenty of room to expand or explore future development opportunities (buyer to verify). Additional improvements include newer furnaces, water heaters, and solar for improved energy efficiency. Whether you're looking for the perfect family compound, flexible living arrangements, or a property with income potential and room to grow, this unique El Cajon home offers exceptional value and versatility.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,520 | 1,574 |
| Lot Size | 11,761.2 | 9,779 |
| Price | $1.19M | $894.9K |
| Price per sq ft | $472 | $528 |
| Built year | 1968 | 1970 |
| HOA | $0 | $200 |
| Days on market | 25 | 42 |
Jul 15, 2026
$1,189,000
$1,225,000
-3% Price Drop
Initial Listing
Jun 27, 2026
$1,225,000
Initial Listing