1367 E Madison Ave, El Cajon, CA 92021
Local realty services provided by:CENTURY 21 Affiliated
Listed by: mona hermiz
Office: coldwell banker west
MLS#:260016398
Source:San Diego MLS via CRMLS
Price summary
- Price:$799,000
- Price per sq. ft.:$1,147.99
About this home
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....
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Home facts
- Year built:1948
- Subdivision & Development:EL CAJON
- Listing ID #:260016398
- Added:96 day(s) ago
- Updated:October 11, 2026 at 02:32 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Kitchen Description:Built In Range, Dishwasher, Disposal
- Living area:696 sq. ft.
Heating and cooling
- Cooling:Swamp Cooler(s)
Structure and exterior
- Roof:Composition
- Year built:1948
- Building area:696 sq. ft.
- Construction Materials:Stucco
- Levels:1 Story
Utilities
- Water:Meter on Property
- Sewer:Sewer Available
Finances and disclosures
- Price:$799,000
- Price per sq. ft.:$1,147.99
Features and amenities
- Appliances:Built In Range, Counter Top, Dishwasher, Disposal
- Laundry features:Electric, Gas
Parking
- Total parking spaces:6
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