$550,000
$100K PRICE DROP

578 Millar Ave El Cajon, CA 92020

Estimated payment $3,424/month

Total Views 21,584
0.19 Acre
$2,852,697 Price per Acre
8,400 Sq Ft Lot

Highlights

  • Property is near public transit
  • 5-minute walk to El Cajon Transit Center
  • Neighborhood Views
  • Grossmont High School Rated A-
  • No HOA
  • Bike Trail

About This Lot

Discover a remarkable chance to invest in a strategically located parcel of land with plans for multi-unit development. This property offers the potential for five fully designed residential units, ideal for generating rental income or for resale opportunities. Positioned in the heart of El Cajon, it benefits from close proximity to major freeways and bustling shopping centers, providing unparalleled convenience for future tenants or buyers. The land is situated within an area with city-approved plans aimed at enhancing transit, housing, and public spaces. This forward-thinking development plan ensures a promising future for the neighborhood, making it a smart investment for both immediate returns and long-term growth. Whether you're looking to capitalize on rental income or take advantage of a high-demand real estate market, this property offers the ideal canvas for your next project. Seize this opportunity to be part of El Cajon's dynamic transformation!

Listing Agent

Marlyn Fuentes

Compass Brokerage Email: marlynsellssandiego@gmail.com License #02069712 Listed on: 08/05/2025

Compass

Property Details

Property Type

  • Land

Lot Details

  • 8,400 Sq Ft Lot
  • Density is 2-5 Units/Acre
  • Property is zoned R-3:RESTRICTED MULTIPLE RM- 2200

Additional Features

  • Neighborhood Views
  • Property is near public transit

Listing and Financial Details

  • Tax Tract Number 2028
  • Assessor Parcel Number 4874802000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail
  • Exterior Lighting

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Assessments: No
  • View: Yes
  • Zoning: R-3:RESTRICTED MULTIPLE RM- 2200
  • Property Type: Land
  • Parcel Number: 4874802000
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 65.48

Exterior Features

  • View: Neighborhood
  • Fence: No

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Lot 6500-9999, Near Public Transit
  • Lot Size Sq Ft: 8400.00
  • Lot Size Acres: 0.1928

Multi Family

  • Lot Size Area: 8400.0000 Square Feet

Tax Info

  • Tax Tract Number: 002028

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2025 11/04/25 Price Changed $550,000 -15.4% --
08/05/2025 08/05/25 For Sale $650,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2505917

California Regional Multiple Listing Service (CRMLS)

APN: 487-480-20-00

California San Diego County El Cajon 92020

578 Millar Ave, El Cajon, CA

For Sale

Lots

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including 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

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Marlyn Fuentes
Listing Agent
Marlyn Fuentes
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Compass
(619) 552-3848