1367 E Madison Ave El Cajon, CA 92021

State CA

County San Diego

Area East County

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

Cooling Swamp Cooler(s)

Fireplace No

Appliance Dishwasher, Disposal, Built In Range, Counter Top

Laundry Electric, Gas

Parking Features None Known

Fence Full

View Y/N No

Water Access Desc Meter on Property

Roof Type Composition

Total Parking Spaces 6

Story 1

Sewer Sewer Available

Water Meter on Property

Level or Stories 1

Senior Community No

Tax ID 489-180-2200

Acceptable Financing Assumable, Cash, FHA, VA

Listing Terms Assumable, Cash, FHA, VA

Virtual Tour https://www.propertypanorama.com/instaview/snd/260016398