12437 Royal Rd, El Cajon, California 92021
- Residential Property Type
- 29 Days Time on market
- $347 Price per sqft
- 1958 Year Built
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.