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$ 1,500,000
Est. payment /mo
New
1375 Naranca AVE El Cajon, CA 92021
0.59 Acres Lot
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Subdivision El Cajon
MLS Listing ID PT26177397
HOA Y/N No
Year Built 1947
Lot Size 0.590 Acres
Property Sub-Type Single Family Residence
Property Description
Incredible investment & multi-unit development opportunity! Situated on a massive 25,700 sqft RM-6000 lot, 1375 Naranca Ave combines instant cash flow with an expansive multi-unit plan. The property currently features two existing dwellings generating $4,800/mo ($3,000 main 3bd/2ba home + $1,800 Jr ADU 2bd/1ba) to easily offset carrying costs. Conceptual plans outline a high-density compound featuring proposed new builds: a 4bd/3ba unit, a 3bd/2ba unit, detached ADU 1, and potential detached ADU 2 garage conversion upside. In total, the multi-unit layouts provide a flexible 5-to-6 unit configuration scaling up to 14–15 bedrooms. A rare turnkey development site with exceptional income and scale potential.
Location
State CA
County San Diego
Area 92021 - El Cajon
Interior
Cooling See Remarks
Fireplaces Type None
Fireplace No
Laundry See Remarks
Exterior
Pool None
Community Features Curbs
Private Pool No
Building
Lot Description Value In Land
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4891211100
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Standard
Listed by Nikhil Kuruvadi Real Estate Source, Inc 619-549-2303, DRE #02122787