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.
For sale
Listed by: Real Estate Source, Inc • Nikhil Kuruvadi • Contact: 619-549-2303
$1,500,000
1375 Naranca Ave, El Cajon, CA 92021
5beds
3baths
1,706sqft
Multi Family
Built in 1947
-- sqft lot
$1,451,500 Zestimate®
$879/sqft
$-- HOA
What's special
- 47 days
- 255
- 14
Zillow last checked:
Listing updated:
Listed by:
Nikhil Kuruvadi DRE #02122787 619-549-2303,
Real Estate Source, Inc
Source: CRMLS,MLS#: PT26177397
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Cooling
- See Remarks
Appliances
- Laundry: See Remarks
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 1,706
- Total interior livable area: 1,706 sqft
Property
Features
- Levels: One
- Stories: 1
- Entry location: Front Gate
- Pool features: None
Lot
- Size: 0.59 Acres
- Features: Value In Land
Details
- Parcel number: 4891211100
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1947
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs
- Subdivision: El Cajon
Location
- Region: El Cajon
Financial & listing details
- Price per square foot: $879/sqft
- Tax assessed value: $849,705
- Date on market: 9/9/2026
- Cumulative days on market: 47 days
- Listing terms: Cash,Conventional,1031 Exchange
- Total actual rent: 4800
- Tenant pays: All Utilities, See Remarks
Estimated market value
$1,451,500
$1.38M - $1.52M
$3,287/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/10/2026 | Listed for sale | $1,500,000+91.1%$879/sqft |
Source: | ||
| 7/8/2026 | Listing removed | $2,100$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/6/2026 | Listed for rent | $2,100-37.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/16/2025 | Listing removed | $3,350$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/7/2025 | Price change | $3,350-5.6%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/12/2025 | Price change | $3,550-5.3%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/5/2025 | Price change | $3,750-16.7%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/27/2025 | Listed for rent | $4,500$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/30/2022 | Sold | $785,000-1.9%$460/sqft |
Source: Public Record Report a problem | ||
| 3/8/2022 | Pending sale | $799,800$469/sqft |
Source: | ||
| 2/19/2022 | Listed for sale | $799,800$469/sqft |
Source: | ||
| 2/9/2022 | Pending sale | $799,800$469/sqft |
Source: | ||
| 1/29/2022 | Listed for sale | $799,800+488.1%$469/sqft |
Source: | ||
| 10/13/2014 | Sold | $136,000+277.8%$80/sqft |
Source: Public Record Report a problem | ||
| 12/27/2013 | Sold | $36,000-88.4%$21/sqft |
Source: Public Record Report a problem | ||
| 10/8/2013 | Price change | $310,000-1.6%$182/sqft |
Source: La Mesa Partners Inc. DBA Keller Williams Realty #130050374 Report a problem | ||
| 9/19/2013 | Listed for sale | $314,900+36%$185/sqft |
Source: La Mesa Partners Inc. DBA Keller Williams Realty #130050374 Report a problem | ||
| 11/4/2011 | Sold | $231,500+1.1%$136/sqft |
Source: Public Record Report a problem | ||
| 9/21/2011 | Listed for sale | $229,000+34.7%$134/sqft |
Source: Century 21 1st Choice Realty #110052997 Report a problem | ||
| 3/31/2000 | Sold | $170,000$100/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $849,705 +2% |
| 2025 | $10,669 +0.1% | $833,045 +2% |
| 2024 | $10,654 +0% | $816,712 +2% |
| 2023 | $10,653 +87% | $800,699 +99.2% |
| 2022 | $5,695 +3.8% | $402,042 +2% |
| 2021 | $5,486 +3.7% | $394,159 +1% |
| 2020 | $5,289 +13.9% | $390,118 +2% |
| 2019 | $4,646 +0.7% | $382,469 +2% |
| 2018 | $4,612 +1.3% | $374,971 +2% |
| 2017 | $4,553 +4.1% | $367,620 +2% |
| 2016 | $4,372 +0.5% | $360,413 +1.5% |
| 2015 | $4,350 +18.1% | $355,000 +18.3% |
| 2014 | $3,682 | $300,000 +27% |
| 2013 | -- | $236,130 +2% |
| 2012 | -- | $231,500 +13.5% |
| 2011 | -- | $203,936 +0.8% |
| 2010 | -- | $202,412 -0.2% |
| 2009 | -- | $202,894 +2% |
| 2008 | -- | $198,916 +2% |
| 2007 | -- | $195,016 +2% |
| 2006 | -- | $191,194 +2% |
| 2005 | -- | $187,446 +2% |
| 2004 | -- | $183,772 +1.9% |
| 2003 | -- | $180,404 +2% |
| 2002 | -- | $176,868 +2% |
| 2001 | -- | $173,400 |
Find assessor info on the county website
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