8273 Melrose Lane, El Cajon, California 92021, El Cajon, - bed, bath
ACTIVE$750,000
8273 Melrose Lane, El Cajon, California 92021
3Beds
2Baths
1,643Sqft
28,749Lot
Year Built
1945
Close
-
List price
$750K
Original List price
$749K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PTP2507528
Home ConditionPoor
Features
Patio
View-
About this home
Opportunity is knocking at this hidden gem in the heart of El Cajon! This could be a fixer-upper offers the perfect canvas for contractor, investors, flippers, or homeowners ready to create their dream space. Extra space for RV, boats and safari trucks. Over 1,500 sq. ft. of living space, PAID OFF 32 solar panels Spacious lot with room for a pool, garden, or potential ADUs Well-laid-out floor plan with natural light and generous living areas Potential lot split and build more houses or units. Quiet, established neighborhood near parks, schools, shopping, and freeways This is more than just a home, it’s a chance to build equity, transform potential into reality, and make it your own.
Price History
Date
Event
Price
10/22/25
Price Change
$750,000
10/02/25
Listing
$749,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (151 Listings) | |
|---|---|---|---|
| Beds | 3 | 3 | 50% |
| Baths | 2 | 2 | 50% |
| Square foot | 1,643 | 1,672 | 47% |
| Lot Size | 28,749 | 12,000 | 66% |
| Price | $750K | $810K | 28% |
| Price per square foot | $456 | $494 | 35% |
| Built year | 1945 | 9865987 | 3% |
| HOA | |||
| Days on market | 33 | 139 | 2% |
Condition Rating
Poor
The property, built in 1945, is explicitly marketed as a 'fixer-upper' for contractors and investors, indicating a need for substantial rehabilitation. The kitchen and bathrooms are severely outdated, featuring original or very old cabinetry, laminate countertops, basic fixtures, and dated finishes (e.g., wood panel backsplash in the kitchen). Flooring is a mix of worn laminate/vinyl and older carpet. While the structure appears functional, the major systems (electrical, plumbing, HVAC, windows) are likely original or very old and would require significant upgrades to meet current standards and comfort levels. The overall condition points to a property requiring extensive renovation rather than minor updates.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 28749, living area = 1643.
Significant Development Potential: The property offers substantial opportunities for investors and developers, including potential for a lot split, building additional units (ADUs), and accommodating large vehicles like RVs and boats due to its expansive lot.
Paid-Off Solar System: Features 32 paid-off solar panels, providing immediate energy cost savings, reducing utility bills, and enhancing the property's environmental footprint.
Expansive & Flexible Lot: A large 28,749 sq. ft. lot provides ample space for outdoor amenities such as a pool or garden, and offers significant utility for various uses including vehicle storage.
Solid Foundation for Renovation: With over 1,500 sq. ft. of living space and a well-laid-out floor plan, the property offers a good base for customization and modernization to create a dream home.
Desirable Neighborhood Location: Situated in a quiet, established neighborhood with convenient access to parks, schools, shopping, and major freeways, enhancing its appeal for families and commuters.
Cons
Extensive Renovation Required: Explicitly marketed as a 'fixer-upper' and a 'canvas,' indicating the property requires significant investment in repairs, updates, and modernization to reach its full potential.
Advanced Age of Structure: Built in 1945, the property is nearly 80 years old, likely necessitating updates to major systems (e.g., plumbing, electrical, HVAC) and structural components, which can be costly.
High Upfront Investment Beyond Purchase Price: Buyers should anticipate substantial additional financial and time investment for renovations and potential development projects (like ADUs or lot splits) to fully realize the property's value.