730 W Chase Avenue, El Cajon, California 92020, El Cajon, 92020 - 7 bed, 3 bath
ACTIVE$899,000
730 W Chase Avenue, El Cajon, California 92020
7Beds
3Baths
2,044Sqft
6,000Lot
Price Vs. Estimate
The estimated value ($899,000) is $0 (0%) lower than the list price ($899,000). This property may be overpriced.
Key pros and cons
Top Pros:
Versatile Living & Income Potential: The property offers a unique opportunity for multi-generational living or significant rental income generation, featuring a main house and a separate ADU.
Top Cons:
Pricing Above Estimated Market Value: The current listing price of $899,000 is approximately 6% higher than the property's estimated value of $842,391.86, which may affect buyer perception and negotiation.
Compared to the nearby listings
Price:$899.0K vs avg $950.0K ($-51,000)41%
Size:2,044 sqft vs avg 1,851 sqft57%
Price/sqft:$440 vs avg $51919%
More Insights
Built in 1957 (68 years old).
Condition: Despite being built in 1957, the property, including both the main house and ADU, has undergone a full and extensive renovation. The description explicitly states 'fully renovated' with 'quality modern finishes throughout,' including new kitchen cabinets, quartz countertops, stainless steel appliances, luxury vinyl plank flooring, dual pane windows, and modern light fixtures. The images confirm a contemporary aesthetic with new components in the kitchens and bathrooms, indicating a property that is virtually new and meets current quality standards with no deferred maintenance.
Year Built
1957
Close
-
List price
$899K
Original List price
$929K
Price/Sqft
$440
HOA
-
Days on market
-
Sold On
-
MLS number
PTP2507808
Home ConditionExcellent
Features
Patio
View
About this home
A unique and perfect opportunity for multi-generational living or generate rental income in one and owner occupy the other or lease both for a stable real estate investment. Main home and ADU are fully renovated. The main house has an open floor plan with 4 beds/ 2 baths & a separate 3 bed/1bath with its own entrance, full kitchen and bathroom. With quality modern finishes throughout, starting with the marble design quartz counters in the kitchen, the seller did not spare any expense in updating this home. Enjoy new kitchen cabinets, countertops, stainless steel appliances, dual pane windows, luxury vinyl plank flooring, doors, new ceiling fans in all bedrooms, new lighting fixtures, and new wood fencing. Don't wait too long and make this home yours today, make an offer now!
Nearby schools
2/10
Chase Avenue Elementary School
Public,•K-5•0.7mi
3/10
Emerald Middle School
Public,•6-8•0.2mi
7/10
Grossmont High School
Public,•9-12•0.8mi
3/10
Idea Center
Public,•9-12•2.5mi
Condition Rating
Excellent
Despite being built in 1957, the property, including both the main house and ADU, has undergone a full and extensive renovation. The description explicitly states 'fully renovated' with 'quality modern finishes throughout,' including new kitchen cabinets, quartz countertops, stainless steel appliances, luxury vinyl plank flooring, dual pane windows, and modern light fixtures. The images confirm a contemporary aesthetic with new components in the kitchens and bathrooms, indicating a property that is virtually new and meets current quality standards with no deferred maintenance.
Pros & Cons
Pros
Versatile Living & Income Potential: The property offers a unique opportunity for multi-generational living or significant rental income generation, featuring a main house and a separate ADU.
Comprehensive Renovation: Both the main home and the ADU have been fully renovated, providing a modern, move-in ready condition for occupants or tenants.
High-Quality Modern Finishes: Updates include quality modern finishes throughout, such as marble design quartz counters, new kitchen cabinets, and stainless steel appliances.
Extensive Recent Upgrades: The property benefits from numerous new installations including dual pane windows, luxury vinyl plank flooring, doors, ceiling fans, lighting fixtures, and new wood fencing.
Functional Separate ADU: The ADU is a fully equipped unit with its own entrance, full kitchen, and bathroom, enhancing its utility for independent living or rental purposes.
Cons
Pricing Above Estimated Market Value: The current listing price of $899,000 is approximately 6% higher than the property's estimated value of $842,391.86, which may affect buyer perception and negotiation.
History of Price Reductions: The property has undergone multiple price reductions from its original list price of $929,000, potentially indicating initial overpricing or market resistance.
Lower Elementary School Rating: The closest elementary school, Chase Avenue Elementary, has a rating of 2, which might be a consideration for families prioritizing top-tier school districts.