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$829,000

Beds
3
Baths
2.0
sq ft
976

816 Lemon Ave, El Cajon, CA 92020

816 Lemon Ave

El Cajon, CA 92020

  • 10 days on market
Get ready for an incredible opportunity coming soon in the heart of El Cajon! This beautifully remodeled home featuresThree spacious bedrooms and Two bathrooms, all within a generous 976 SQ FT layout on a stunning 0.24 acres of land. The property comes with an approved permit for one Accessory Dwelling Unit (ADU - 1200 Sq Ft, 3 Bedrooms, 2 Baths), and there's more room to add another, making it perfect for extended family or rental income potential. In addition to the main residence, you'll find a detached two-car garage that offers even more possibilities for conversion into an ADU. This unique property truly stands out in the market, especially with its proximity to highly-rated schools in the Grossmont Union School District. Dont miss out on this rare gem that combines modern living with endless potential!

Details

Property type

Townhouse

Est. home value

$779,898

Lot size

0.24 acres

Price per sq ft

$850

Year built

1990

Price History

03/23/2025
SanDiego

SanDiego #PTP2502107

Listed
$829,000
-4.6%
03/21/2025
SanDiego

SanDiego #250018374

Removed
$869,000
03/04/2025
SanDiego

SanDiego #250018374

Price change
$869,000
-8.43%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Grossmont Union High School District

Number of units in community: 

1

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$199,056
Asking price
$829,000
Closing costs (~8% of asking)
-$66,320
Est. remaining loan balance
-$563,624
Cash to seller
$199,056

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Rate Rabbit Inc

Loan start date

April 2022

Original loan amount

$596,250

Est. remaining balance

$563,624

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Jalal Shamasha and Nisreen Shamasha

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/01/2025 at 11:40 PM

Listing updated: 03/27/2025 at 2:07 PM

Listed by: Dalia Hirmez, Dalia Hirmez, Phone #: (619) 873-2700

MLS: SanDiego #PTP2502107

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