For Sale at El Cajon: 1367 E Madison Ave, El Cajon, CA 92021. 2-bedroom 2-bath, 696 sf, 1948 EC-EL CAJON $799,000 begin new search
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Overview

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.

Address 1367 E Madison Ave

El Cajon, CA 92021
Listing Status ACTIVE
Asking Price $799,000
On Market Date $819,000 @ Jul 7, 2026
Listed / On-Market Entered Jul 6, 2026
Original Entry Jul 6, 2026
Rooms
Square Footage 696 sf
Bedrooms 2
Full Bathrooms 2
Location
Directions 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...
Market Area 92021 - El Cajon
Neighborhood EC-EL CAJON
Complex El Cajon
School District Not Listed
Ownership
Age Restriction 0
Property Type
Mello-Roos Fee $0
HOA Fee $0
Listing History
Timeline Notes
Aug 4, 2026Price reduced to $799,000 #260016398SD
Jul 6, 2026Listed for $819,000 #260016398SD
Public Records
County San Diego
Assessor Parcel# 4891802200
Geographic Areas

Airport Compatibility Zone: Gillespie Field

Community College District: Grossmont-cuyamaca CC

Zip Code: 92021

Highway Locator

East of I-15

East of I-5

South of I-8

East of I-805

East of SR-163

Ocean Distance 16.3 miles
Exterior
Style Single Family Residence
Material Not Listed
Lot Size
Fencing Not Listed
Topography Not Listed
Roof Composition
Swimming Pool None
Parking
Other
Driveway
Total Spaces: 6
Garage Spaces: 0
Non-Garage Spaces: 0 - 6.00
View Not Listed
Features
Year Built 1948
Laundry Location Gas Dryer Hookup,Electric Dryer Hookup
Elevator Not Listed
Cooling
Heating None, See Remarks
Fireplaces Not Listed (0)
Additional Parcels No
Appliances Disposal, Built-In Range, Counter Top, Dishwasher
Appliances Yes
Assessments No
Association No
Association Fee 2 0
Attached Garage No
Below Grade Finished Area 0
Carport Spaces 0
Construction Materials Stucco
Cooling Yes
Heating Yes
Land Lease No
Laundry Yes
Levels One
Living Area Source Assessor
Lot Size Source Assessor
Main Level Bathrooms 0
Main Level Bedrooms 0
New Construction No
Number Of Units Total 0
Number Remotes 0
Parking Yes
Patio No
Pool Private No
Property Attached No
Sprinklers No
View No
Well Depth 0
Well Gallons Per Minute 0
Well Pump Horsepower 0
Well Report No
Monthly Payment Calculator
Property Tax estimate of 1% of listing price does not include local voter-approved bonds/assessments, supplemental taxes for new construction or ownership changes, extra local fees, etc.
Listing Source
Platform CRMLS
AOR San Diego
MLS Number 260016398SD
Courtesy of Coldwell Banker West
Listing Agent Mona Hermiz