$640,000
$20K PRICE DROP

1229 E Madison Ave El Cajon, CA 92021

Estimated payment $3,848/month

Total Views 2,108
3 Beds
1 Bath
1,006 Sq Ft
$636 Price per Sq Ft

Highlights

  • Very Popular Property
  • No HOA
  • Living Room
  • Private Yard
  • Cooling Available
  • 3-minute walk to Wells Park

About This Home

Excellent opportunity. SFR zoned R3 - Restricted Multiple. Investors could build multiple units if desired. Currently 3 bed, 1 bath layout over 1009 sq.ft. on a big flat 7028 sq.ft. lot. Situated just minutes off the 8 freeway, close to Main street. This property is ready and turn key for its next owner or investor.

Listing Agent

Bert King

Camden Investment Strategies Brokerage Email: bert.king@camdeninv.com License #01372019 Listed on: 02/19/2026

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 7,028 Sq Ft Lot
  • Rectangular Lot
  • Level Lot
  • Private Yard
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned R-3:RESTRICTED MULTIPLE

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,006 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Family Room
  • Living Room
  • Utility Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling Available
  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Tract Number 355
  • Assessor Parcel Number 4891610300
  • $754 per year additional tax assessments
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

7,028 Sq Ft Lot

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: R-3:RESTRICTED MULTIPLE
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4891610300
  • Year Built: 1947
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1006.00
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 636.18
  • Room Type: All Bedrooms Down, Entry, Family Room, Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Utility Room

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, Gas & Electric Dryer Hookup, Washer Hookup, Washer Included, Gas Dryer Hookup
  • Sewer: Public Sewer
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Storm Drains, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Level with Street, Lot 6500-9999, Rectangular Lot, Level, Yard
  • Lot Size Sq Ft: 7028.00
  • Lot Size Acres: 0.1613

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7028.0000 Square Feet
  • Number Of Units In Community: 1

Tax Info

  • Tax Tract Number: 000355
  • TaxOtherAnnualAssessmentAmount: 754.30

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,608 $501,420 $318,362 $183,058
2024 $6,608 $491,589 $312,120 $179,469
2023 $6,513 $481,950 $306,000 $175,950
2022 $5,343 $410,000 $250,000 $160,000
2021 $2,507 $162,446 $104,431 $58,015
2020 $2,576 $160,782 $103,361 $57,421
2019 $1,957 $157,631 $101,335 $56,296
2018 $1,925 $154,542 $99,349 $55,193
2017 $1,901 $151,512 $97,401 $54,111
2016 $1,825 $148,542 $95,492 $53,050
2015 $1,816 $146,312 $94,058 $52,254
2014 $1,781 $143,447 $92,216 $51,231
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/19/2026 02/19/26 For Sale $659,999 +3.1% $656 / Sq Ft
02/18/2026 02/18/26 Price Changed $640,000 +35.4% $636 / Sq Ft
12/02/2021 12/02/21 Sold $472,500 -4.5% $788 / Sq Ft View Prior Sale
11/04/2021 11/04/21 For Sale $495,000 -- $825 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $472,500 California Title
Interfamily Deed Transfer -- None Available
Grant Deed $140,000 Stewart Title Of California
Interfamily Deed Transfer -- Chicago Title Co
Interfamily Deed Transfer -- Chicago Title Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Commonwealth Land Title Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Benefit Land Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $458,325 New Conventional
Previous Owner $123,000 Unknown
Previous Owner $123,750 No Value Available
Previous Owner $61,750 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2601587

California Regional Multiple Listing Service (CRMLS)

APN: 489-161-03

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