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8273 Melrose Lane, El Cajon, California 92021, El Cajon, 92021 - 3 bed, 2 bath

8273 Melrose Lane, El Cajon, California 92021 home-pic-0
ACTIVE$752,000
8273 Melrose Lane, El Cajon, California 92021
3Beds
2Baths
1,643Sqft
28,749Lot
Year Built
1945
Close
-
List price
$752K
Original List price
$749K
Price/Sqft
$458
HOA
-
Days on market
-
Sold On
-
MLS number
PTP2507528
Home ConditionPoor
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 22% below the list price. We found 3 Cons,6 Pros. Rank: price - $752.0K(29th), sqft - 1643(46th), beds - 3(50th), baths - 2(50th).

Opportunity is knocking at this hidden gem in the heart of El Cajon! This could be a fixer-upper offers the perfect canvas for contractor, investors, flippers, or homeowners ready to create their dream space. Extra space for RV, boats and safari trucks. Over 1,500 sq. ft. of living space, PAID OFF 32 solar panels Spacious lot with room for a pool, garden, or potential ADUs Well-laid-out floor plan with natural light and generous living areas Potential lot split and build more houses or units. Quiet, established neighborhood near parks, schools, shopping, and freeways This is more than just a home, it’s a chance to build equity, transform potential into reality, and make it your own.

Price History

Date
Event
Price
12/02/25
Price Change
$752,000+0.3%
10/22/25
Price Change
$750,000
10/02/25
Listing
$749,000
Condition Rating
Poor
Built in 1945 and explicitly described as a 'fixer-upper,' this property requires substantial repairs and rehabilitation. The kitchen features very dated white cabinets, laminate countertops, and wood paneling backsplash, indicating a complete overhaul is needed. Interior images show worn, inconsistent flooring (laminate and carpet), outdated light fixtures, and a visible window AC unit, suggesting old or inadequate HVAC. While not a tear-down, the property is far from move-in ready and major systems and aesthetics are at the end of their functional or desirable lifespan.
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 = 28749, living area = 1643.
Development & Investment Potential: The property is explicitly marketed as a 'fixer-upper' offering significant potential for contractors, investors, or homeowners to create their dream space, including potential for ADUs, a lot split, or building additional units.
Large Lot Size: A spacious 28,749 sqft lot provides ample room for expansion, a pool, garden, or further development, enhancing its long-term value.
Paid-Off Solar Panels: The inclusion of 32 paid-off solar panels offers substantial energy cost savings and environmental benefits for the future owner.
RV/Boat Parking: Extra space is available for RVs, boats, and other large vehicles, a valuable amenity for many homeowners.
Established Neighborhood & Location: Situated in a quiet, established neighborhood with convenient access to parks, schools, shopping, and major freeways.

Cons

Fixer-Upper Condition: The property is explicitly described as a 'fixer-upper,' indicating it requires significant renovation, updates, and investment to be fully modernized or move-in ready.
Potential Overpricing: The current listing price of $752,000 is significantly higher (24% above) the estimated property value of $569,944.04, suggesting it may be overpriced for its current condition.
Age of Property: Built in 1945, the home is older, which often implies outdated systems, potential for deferred maintenance, and may require substantial upgrades to meet contemporary standards.

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