667 Alderson, El Cajon, California 92019, El Cajon, 92019 - 4 bed, 2 bath
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El Cajon, California 92019
This Spacious Multi-Generational Home is a Strong Value Opportunity, listed at $780,000—positioned well below the $830,000 Fair Market Value by 6%. This valuation gap provides $50,000 in Instant Equity for incoming buyers. While holding a Condition Rating of 4 due to dated finishes, the property offers a versatile 4-bedroom layout plus two bonus rooms and a private pool. Located near the I-8 highway and Meridian Elementary, it offers significant upside through modernization. This is an ideal acquisition for Owner-Occupants looking to build wealth or Buy-and-Hold Investors seeking a high-capacity rental.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 667 Alderson Subject | $685,000* List Price | 4 | 2 | 1,606 | $427 | - |
A 1025 Tarlo Court Sold | $712,000 | 4 | 2 | 1,488 | $478 | 0.4 mi |
B 746 Granite Hills Circle Sold | $740,000 | 3 | 3 | 1,470 | $503 | 0.2 mi |
C 398 Fordyce St Sold | $700,000 | 4 | 2 | 1,330 | $526 | 0.5 mi |
D 828 Waterloo Ave Sold | $830,000 | 3 | 2 | 1,634 | $508 | 0.8 mi |
E 1561 Doncarol Ave Sold | $810,000 | 3 | 2 | 1,727 | $469 | 0.6 mi |
F 1512 E Madison Avenue Active | $874,900 List Price | 4 | 2 | 1,743 | $502 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1959, the home shows signs of age with a dated kitchen featuring older cabinetry and countertops, despite a high-end modern refrigerator. While there are some updates like a newer bathroom vanity and fresh interior paint, the presence of graffiti on closet doors and older flooring styles throughout indicate the property requires minor updates and modernization to meet current quality standards.
The property features 4 bedrooms plus 2 additional bonus rooms and a third full bath, offering exceptional flexibility for large families, multi-generational living, or dedicated home offices.
A private pool and a large living room with direct sliding door access create an ideal environment for outdoor relaxation and entertaining in the warm El Cajon climate.
The home is strategically located with close proximity to the I-8 highway, shopping centers, and restaurants, providing high convenience for daily errands and commuting.
The assigned public schools for this address currently hold lower performance ratings (3-4 out of 10), which may be a concern for education-focused buyers.
Built in 1959, the property may require more intensive maintenance or updates to major systems compared to newer constructions, despite recent cosmetic interior painting.
Fixer upper. Good opportunity for buyers who want to have immediate equity. House needs updating kitchen and minor repairs . 4 Bedroom 2 Bath Home with additional 2 bonus rooms and a full Bath. Huge Living room area with a sliding door to a relaxing pool. Wood burning Fire place in bonus room. Close proximity to shopping, restaurants, and 8 highway. Please don't call if it is active it is available. text Listing Agent for showings.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 52% |
| Baths | 2.0 | 3.0 | 47% |
| Square foot | 1,606 | 1,970 | 35% |
| Lot Size | - | 10,114.9 | 14% |
| Price | $685.0K | $992.0K | 11% |
| Price per sq ft | $427 | $523 | 15% |
| Built year | 1959 | 1980 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 94 | 135 | 33% |
May 21, 2026
$685,000
$690,000
-1% Price Drop
Initial Listing
Apr 30, 2026
$690,000
$720,000
-4% Price Drop
Initial Listing
Apr 15, 2026
$720,000
$730,000
-1% Price Drop
Initial Listing
Mar 30, 2026
$730,000
$765,000
-5% Price Drop
Initial Listing
Mar 26, 2026
$765,000
$780,000
-2% Price Drop
Initial Listing
Mar 17, 2026
$780,000
$790,000
-1% Price Drop
Initial Listing
Mar 16, 2026
$790,000
$830,000
-5% Price Drop
Initial Listing
Mar 12, 2026
$830,000
Initial Listing
Jan 25, 2022
$670,000
Public Record