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1367 E Madison Ave

El Cajon, CA 92021
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Bed 2

Bed

Bath 2

Bath

SqFt696

Sqft

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 o pportunity 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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Detail Ic Property Details

Property Type : Residential

Price : $819,000

AD Id : 87704415

MLS Id : 260016398SD

Beds : 2

Living Area Size : 696

Year Built : 1948

County : San Diego

Subdivision: New Golden Shores

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Feature Features

  • Bedroom Information

    Total beds: 2

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Roofing Information

    Composition
  • Interior Features

    Roof: Composition
    Appliances: Built-In Range, Counter Top, Dishwasher, Disposal
    Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup
  • Heating & Cooling

    Has Heating: Yes Heating: None, See Remarks Has Cooling: Yes

  • Building Information

    Year Built: 1948
    Construction Materials: Stucco
    Stories: 1
    Pool Features: None
    Private Pool: No

  • Lot Information

    Lot Size Source: Assessor

    Property Information

    Subdivision: El Cajon Source Property Type: Residential Property SubType: Single Family Residence Levels: One Property Age: 78

  • Listing Price Information

    Listing Price: $819000
    Cash, FHA, VA Loan

  • Tax Information

    Parcel Number: 4891802200

  • Location Information

    Direction: 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...
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Nearby Home Value

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10001 Dunbar #20, El Cajon, CA, 92021 $185,000 2 2 832 832 SqFt
15935 Spring Oaks Rd #57, El Cajon, CA, 92021 $418,000 3 2 1,760 1,760 SqFt
9861 Bon Vue Drive, El Cajon, CA, 92021 $1,099,000 4 3 2,245 2,245 SqFt
1482 Horsemill Road, El Cajon, CA, 92021 $1,200,000 4 3 2,924 2,924 SqFt
14679 Lazy Dog, El Cajon, CA, 92021 $939,000 3 3 2,396 2,396 SqFt
205 Highline Trail, El Cajon, CA, 92021 $1,199,900 4 3 2,900 2,900 SqFt
14215 Pecan Park #100, El Cajon, CA, 92021 $299,900 3 2 1,456 1,456 SqFt
300 Thornton Drive #5, El Cajon, CA, 92021 $240,000 3 2 1,074 1,074 SqFt
3333 Suncrest Boulevard, El Cajon, CA, 92021 $1,099,000 5 2 2,253 2,253 SqFt
13655 Highway 8 Busines.., El Cajon, CA, 92021 $220,900 3 2 1,440 1,440 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/15/2026 @ 01:03

MLS: 260016398SD LISTED BY: Mona Hermiz, Coldwell Banker West 619-303-3399 SOURCE: CRMLS

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