479 Goulburn, El Cajon, California 92020, El Cajon, 92020 - 4 bed, 2 bath
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479 Goulburn
El Cajon, California 92020
ACTIVE
CONDITION: FAIR
4Beds
2Baths
2,154Sq Ft
9,400Lot Size
Property Price
LIST PRICE$950,000
EST. MARKET VALUE
$970,118
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $950,000—positioned well below the $970,118 Fair Market Value by 2%. This valuation gap offers $20,118 in Instant Equity. Featuring a Condition Rating of 4, the home offers a spacious single-story layout on a 9,400-square-foot lot with solar power and a newly remodeled primary bathroom. While the existing lease through 2027 limits immediate occupancy, this is a stable Buy-and-Hold Asset ideal for Long-term Investors or Strategic Buyers.
Estimated Market Value
$970,118
Based on Realkey algorithm analyzing recent comparable sales in El Cajon.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 479 Goulburn Subject 4 bd · 2 ba · 2,154 sqft · $450 | $950,000* List Price | 4 | 2 | 2,154 | $450 | - |
A 454 Goulburn Ct Sold 3 bd · 2 ba · 2,026 sqft · $543 · 0.0 mi | $1,100,000 | 3 | 2 | 2,026 | $543 | 0.0 mi |
B 1259 Loma Portal Drive Sold 3 bd · 2 ba · 2,051 sqft · $561 · 0.8 mi | $1,150,000 | 3 | 2 | 2,051 | $561 | 0.8 mi |
C 726 Dewane Drive Sold 4 bd · 2 ba · 1,596 sqft · $524 · 0.3 mi | $836,000 | 4 | 2 | 1,596 | $524 | 0.3 mi |
D 1676 Vann Court Sold 4 bd · 3 ba · 2,380 sqft · $414 · 0.2 mi | $985,000 | 4 | 3 | 2,380 | $414 | 0.2 mi |
E 386 90 Richardson Ave Sold 6 bd · 5 ba · 2,293 sqft · $539 · 1.0 mi | $1,235,000 | 6 | 5 | 2,293 | $539 | 1.0 mi |
F 1733 El Pico Drive Sold 3 bd · 2 ba · 1,663 sqft · $541 · 0.6 mi | $900,000 | 3 | 2 | 1,663 | $541 | 0.6 mi |
G 1600 Swallow Drive Pending 3 bd · 2 ba · 2,307 sqft · $488 · 1.0 mi | $1,125,000 List Price | 3 | 2 | 2,307 | $488 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1976, this property is well-maintained but largely dated. While it features a newly remodeled primary bathroom and some updated systems (2-year-old water heater, solar, and newer ovens), the kitchen retains older cabinetry and tile countertops. The presence of popcorn ceilings and older carpet indicates the home is in need of minor cosmetic updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 9400, living area = 2154.
- Prime Location and Privacy
Situated at the end of a quiet cul-de-sac in the desirable Fletcher Hills neighborhood, the property offers enhanced privacy and immediate access to scenic walking trails just steps away.
- Modern Upgrades and Efficiency
The home is equipped with cost-saving solar power, a newly remodeled designer primary bathroom with a roll-in shower, and updated kitchen appliances including a new double oven.
CONSRISKS & DEFICIENCIES
- Extended Lease Commitment
The property is tenant-occupied with a lease expiring June 30, 2027, which significantly limits the pool of buyers to investors rather than immediate owner-occupants.
- Potential for Further Updates
While key areas have been remodeled, the 1976 construction may require additional capital investment to modernize remaining original features and systems to current market standards.
About 479 Goulburn
Located at the end of a cul-de-sac in desirable Fletcher Hills, this spacious single-story home offers 2,154 square feet of living space on a generous 9,400-square-foot lot. The oversized primary suite features a newly remodeled designer bathroom with a convenient roll-in shower. Sliding patio doors provide direct access to the large, covered backyard patio, creating a perfect space for relaxing or entertaining. All bedrooms are generously sized and feature ceiling fans. The family room, conveniently located just off the kitchen, includes a wood-burning fireplace. The kitchen features a new double oven and a newer glass-top stove. Additional highlights include an attached two-car garage with laundry, solar power, a water heater approximately two years old, fruit trees, and a spacious front yard. Enjoy easy access to nearby walking trails, just a one-minute walk from the home. Lease Information: The property is currently tenant-occupied, with the existing lease expiring June 30, 2027.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1976
- Lot Size
- 9,400 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $155.0 / Month
Neighborhood Insights
El Cajon Unified Schools
Fletcher Hills Elementary School
Grades K-6 • 0.6 mi
8/10
Flying Hills Elementary School
Grades K-6 • 0.8 mi
5/10
Northmont Elementary School
Grades K-6 • 0.8 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.2 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,154 | 1,647.315 |
| Lot Size | 9,400 | 9,665.034 |
| Price | $950.0K | $867.6K |
| Price per sq ft | $441 | $530 |
| Built year | 1976 | 1970 |
| HOA | $155.0 | $184 |
| Days on market | 3 | 40 |
Pricing History
Listed for Sale
Oct 22, 2026
$950,000
Initial Listing