12437 Royal Rd

El Cajon, CA 92021 $50,000.00 (-5.89%) Pending for $799,000
 


Beds: 3  Baths: 3  Structure Size: 2,303 sqft  Lot Size: 14,533 sqft


Property Facts
MLS 240023422SD
Year Built 1958
Property Type Single Family Residence
County San Diego
Status Pending
Pending $799,000
Structure Size 2,303 sqft
Lot Size 14,533 sqft
Beds 3
Baths 3

Description

Diamond in the rough with endless renovation, addition, Accessory Dwelling Unit (ADU) possibilities, and possible VA loan assumption!* Property consists of a flat, rectangular 14,533 sq ft lot; 2,303 sq ft home towards the front; detached 3 car garage towards the center; and undeveloped yard makes up approximately the back 1/3 of the lot. The home and detached garage offer a ton of potential after the future buyer / owner renovates, such as creating a Jr. ADU out of the back portion of the home; and or converting the detached garage into a stand alone ADU... Additional ideas to develop could include a detached ADU being built at the rear of the lot. The property may qualify for SB-9 (see PLN 600) that could potentially allow for a lot split. If ADU’s or a lot split aren’t needed, the fenced back yard could be enhanced with a pool and pool house, yard, garden, lengthened driveway, garage for RV and toys... the possibilities are truly endless! Outstanding VA loan amount is roughly $300,000 with a 2.37% interest rate.

Listing information courtesy of: Cody Michaelis, eXp Realty of Southern California, Inc. 619-972-0007. *Based on information from the Association of REALTORS/Multiple Listing as of 11/26/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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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