December 20, 2007

Bang for your Buck – El Cajon

Ho Ho Ho!

Continuing our week long focus on El Cajon we have the best deals per square foot in a low priced property. Is there something here to bring you holiday cheer?

1451 Madison Avenue, El Cajon 92019

1451 madison av Bang for your Buck   El Cajon1451 madison av2 Bang for your Buck   El Cajon

Is it a home or an investment property? A two on one with a remarkably low $165 per square foot. It’s a fixer and a bank owned foreclosure that could be just the ticket for a handy but frugal buyer.

Address Bd/Ba Sq.Ft. $/SqFt Price Comment
1451 Madison Av 4/2.5 1,880 $165 $310k built 1945, listed 112 days↑
941 Pepper Dr 3/2 1,786 $176 $315k 1962, 29 days, Bank Owned
1501 N. Mollison Av 4/2 1,982 $182 $360k 1959, 87 days, short sale
8501 Calle De B… 3/1.75 1,813 $174 $315k built 1975, listed 66 days ↓

8501 Calle De Buena Fe, El Cajon 92021

8501 calle de buena fe Bang for your Buck   El Cajon

Bank owned foreclosure sold as-is with 2 car garage and below ground pool. It sold in October for $344k. Redfin Savings: $6,298

 

Foreclosures & a short sale. Is this what we’ve come to? When we stir up the dregs in the low price category we have to expect that there are some sad tales that go with the property. These could be the beginning of a happy story for someone new.

[data from generally reliable sources, please comment on any errors!]


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