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12437 Royal Rd, El Cajon, CA 92021

Sale Price: $750,000
Oct 3, 20242,303 sqft3 beds3 baths
Listed by: Cody Michaelis
License #: 01873403
Phone #: 619-972-0007
eXp Realty of Southern California, Inc.
Source:
CRMLS Logo
MLS #: 240023422SD

Property 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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$10,059

TurboHome Estimated Value

$734,800

$319 sqft

High Valuation
$771,540
$335/sqft
Normal Valuation
$734,800
$319/sqft
Low Valuation
$698,060
$303/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$319/sqft$734,800

Neighborhood: El Cajon

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Comparative Value

$605K

$750K

$799K

$905K

$925K

$1.00M

12405 Royal Rd, El Cajon, CA 92021

Sale Price: $605,000

Selected Comparable

12437 Royal Rd, El Cajon, CA 92021

Sale Price: $750,000

Selected Comparable

12437 Royal Rd, El Cajon, CA 92021

List Price: $799,000

Subject Property

1676 Pepper Dr, El Cajon, CA 92021

Sale Price: $905,000

Selected Comparable

1728 Terrace Hill Dr, El Cajon, CA 92021

Sale Price: $925,000

Selected Comparable

12138 Merrill Pl, Lakeside, CA 92040

Sale Price: $1,005,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
12437 Royal Rd, El Cajon, CA 92021

12437 Royal Rd, El Cajon, CA 92021

List: $799,000

Listed: 10/3/2024

Area:2,303 sqft
Price/sqft:$347
Beds:3
Baths:3
Year Built:
Lot Size:14,533

Comparable Properties

COMPARABLE
Choose comps
12437 Royal Rd, El Cajon, CA 92021

12437 Royal Rd, El Cajon, CA 92021

Sale: $750,000

12/6/20240.00 mi

Area:2,303 sqft
Price/sqft:$326
Beds:3
Baths:3
Year Built:
Weight:23.1%
12405 Royal Rd, El Cajon, CA 92021

12405 Royal Rd, El Cajon, CA 92021

Sale: $605,000

2/7/20250.05 mi

Area:1,900 sqft
Price/sqft:$318
Beds:3
Baths:3
Year Built:
Weight:20.4%
12138 Merrill Pl, Lakeside, CA 92040

12138 Merrill Pl, Lakeside, CA 92040

Sale: $1,005,000

10/16/20240.38 mi

Area:1,943 sqft
Price/sqft:$517
Beds:3
Baths:3
Year Built:
Weight:19.4%
1728 Terrace Hill Dr, El Cajon, CA 92021

1728 Terrace Hill Dr, El Cajon, CA 92021

Sale: $925,000

7/9/20250.37 mi

Area:1,870 sqft
Price/sqft:$495
Beds:3
Baths:2
Year Built:
Weight:18.7%
1676 Pepper Dr, El Cajon, CA 92021

1676 Pepper Dr, El Cajon, CA 92021

Sale: $905,000

6/6/20250.57 mi

Area:2,176 sqft
Price/sqft:$416
Beds:4
Baths:3
Year Built:
Weight:18.4%

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