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El Cajon, CA

$819,000

1367 E Madison Ave, El Cajon, CA
2
Beds
2
Baths
696
Sq Ft
1948
Built
2
Days listed

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.

Facts & features

Interior
Bedrooms
2
Bathrooms
2 full, 0 half
Living area
696 sq ft
Appliances
Built In Range, Counter Top, Dishwasher, Disposal
Heating
None, See Remarks
Laundry
Electric Dryer Hookup, Gas Dryer Hookup
Levels
One
Exterior & lot
Pool
None
Year built
1948
Parking
Driveway, Other
Parking spaces
6
Community
Area
92021 - El Cajon
County
San Diego
Listing details
Status
Active
Property type
Single Family Residence
Days on market
2
Listed
2026-07-06
Terms
Cash, FHA, Va Loan
Parcel #
4891802200
MLS #
260016398SD
Listed by
Mona Hermiz · Coldwell Banker West

Location

Price history

Listed
$819,000 · 2026-07-06
Days on market
2
Current price
$819,000
Financing

Could this home be yours?

Estimated monthly payment
$5,138
$4,141 principal & interest · $996 taxes & insurance
$163,800
Estimate only
Loan $655,200

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Estimated value range nearby
$337,825$396,578

A rough estimate from current nearby price-per-square-foot — not an appraisal. A precise valuation considers condition, upgrades and recent sales.

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Listing data provided by CRMLS

Listing courtesy of Coldwell Banker West. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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