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Jessica Panzica

jessica@jessicapanzica.com +1(714) 313-8193

$799,000

Est. payment - /mo

2 Beds

2 Baths

696 SqFt

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 696 sqft

Price per Sqft $1,147

Subdivision El Cajon

MLS Listing ID 260016398SD

Bedrooms 2

Full Baths 2

HOA Y/N No

Year Built 1948

Property Sub-Type Single Family Residence

Property Description

Exceptional Development Opportunity! Beautifully remodeled home situated on a prime R-3 zoned lot, offering endless possibilities. The existing home features a brand-new kitchen, new flooring throughout, and beautifully updated bathrooms, making it move-in ready or an excellent rental while you plan your project. The property offers ample front parking behind a secure gated entrance, providing convenience, privacy, and added security. Conveniently located with easy access to major freeways, shopping, dining, and everyday amenities, this location is highly desirable for homeowners, tenants, and future development alike. The home is currently tenant-occupied on a month-to-month lease at $2,650 per month, providing immediate rental income. The tenant would like to remain, offering the opportunity to generate cash flow while you plan and develop the property. The true value is in the land. Ideal for developers, investors, and contractors, the property offers the potential to add up to three ADUs while retaining the existing home, or redevelop the site with multiple residential units (buyer to verify all development possibilities with the city). Whether you're looking for a turnkey rental, a value-add investment, or your next development project, this property checks every box. Opportunities like this rarely come to market—don't miss your chance to unlock its full potential.

Location

State CA

County San Diego

Area 92021 - El Cajon

Interior

Heating None, See Remarks

Fireplace No

Appliance Built-In Range, Counter Top, Dishwasher, Disposal

Laundry Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Parking Features Driveway, Other

Pool None

View Y/N No

Roof Type Composition

Total Parking Spaces 6

Private Pool No

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4891802200

Acceptable Financing Cash, FHA, VA Loan

Listing Terms Cash, FHA, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/snd/260016398

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Listed by Mona Hermiz Coldwell Banker West #00830649

Nearby School & Business

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Jessica Panzica

+1(714) 313-8193

Agent License ID: 01854556

1367 E Madison Ave El Cajon, CA 92021

Jessica Panzica

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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