1367 E Madison Ave, El Cajon, CA, 92021
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.
Getting Around
Very Walkable
Some Transit
Not Bike FriendlySchools
Construction
Condition
- Year built: 1948
Materials
- Roof: Composition
- Construction materials: Stucco
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Built In Range,Counter Top
- Laundry features: Electric,Gas
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating & Cooling
- Heating features: N/K
- Cooling features: Swamp Cooler(s)
Interior Area
- Total structure area: 696
- Total interior livable area: 696 sqft
Property
Details
- Parcel number: 4891802200
Features
- Levels: 1 Story
- Pool features: N/K
- Fencing: Full
Parking
- Total spaces: 6
- Parking features: None Known
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
- Inland Flooding
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in San Diego County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,141 | $49,692 |
| Home Insurance * | $186 | $2,232 |
| Property Taxes | $866 | $10,392 |
| Electricity | $398 | $4,786 |
| Total | $5,591 | $67,092 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-04 | Price change | $799,000 |
| 2026-07-07 | Listed for sale | $819,000 |
| 2024-08-05 | Sold | $699,900 |
| 2020-02-18 | Sold | $405,000 |
| 2020-01-22 | Listed for sale | $425,000 |
| 2020-01-22 | Pending sale | $425,000 |
| 2019-11-14 | Listed for sale | $425,000 |
| 2015-12-09 | Sold | $285,000 |
View on Zillow