1367 E Madison Ave El Cajon, CA 92021
Estimated payment $4,896/month
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.
Home Details
Home Type
- Single Family
Year Built
- Built in 1948
Parking
- 6 Parking Spaces
Home Design
- Composition Roof
- Stucco
Interior Spaces
- 2 Bedrooms
- 696 Sq Ft Home
- 1-Story Property
- Gas Dryer Hookup
Kitchen
- Built-In Range
- Dishwasher
- Disposal
Additional Features
- Property is Fully Fenced
- Window Unit Cooling System
Community Details
- El Cajon Subdivision
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,971 | $699,900 | $550,000 | $149,900 |
| 2024 | $5,971 | $434,238 | $294,854 | $139,384 |
| 2023 | $5,860 | $425,724 | $289,073 | $136,651 |
| 2022 | $5,611 | $417,377 | $283,405 | $133,972 |
| 2021 | $5,452 | $409,195 | $277,849 | $131,346 |
| 2020 | $4,385 | $308,491 | $254,370 | $54,121 |
| 2019 | $3,631 | $302,443 | $249,383 | $53,060 |
| 2018 | $3,570 | $296,514 | $244,494 | $52,020 |
| 2017 | $3,523 | $290,700 | $239,700 | $51,000 |
| 2016 | $3,465 | $285,000 | $235,000 | $50,000 |
| 2015 | $484 | $36,668 | $22,467 | $14,201 |
| 2014 | $476 | $35,950 | $22,027 | $13,923 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/06/2026 07/06/26 | For Sale | $819,000 | +17.0% | $1,177 / Sq Ft | |
| 08/05/2024 08/05/24 | Sold | $699,900 | 0.0% | $1,006 / Sq Ft | View Prior Sale |
| 08/05/2024 08/05/24 | Pending | -- | -- | -- | |
| 08/05/2024 08/05/24 | For Sale | $699,900 | +72.8% | $1,006 / Sq Ft | |
| 02/18/2020 02/18/20 | Sold | $405,000 | -4.7% | $582 / Sq Ft | View Prior Sale |
| 01/20/2020 01/20/20 | Pending | -- | -- | -- | |
| 11/12/2019 11/12/19 | For Sale | $425,000 | +49.1% | $611 / Sq Ft | |
| 12/09/2015 12/09/15 | Sold | $285,000 | 0.0% | $409 / Sq Ft | View Prior Sale |
| 10/12/2015 10/12/15 | Pending | -- | -- | -- | |
| 08/29/2015 08/29/15 | For Sale | $285,000 | -- | $409 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Grant Deed | $700,000 | First American Title | |
| Grant Deed | $405,000 | Chicago Title Company | |
| Grant Deed | $285,000 | Fidelity National Title Sd | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $524,000 | New Conventional | |
| Previous Owner | $397,664 | FHA | |
| Previous Owner | $276,450 | New Conventional |
Source: San Diego MLS
MLS Number: 260016398
APN: 489-180-22
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