55
Map
$950,000
●
House -
Off Market
1550 Pepper Dr
El Cajon, CA 92021
3 Beds
2 Baths,
1
Half Bath
2,114 Ft²
$4,611
Est. Monthly
About This Property
This spacious 3 bedroom, 2.5 bathroom home in El Cajon offers 2,114
square feet of versatile living space, including a dedicated office
that can easily serve as a 4th bedroom. The split level 2 story
floorplan is thoughtfully designed with a cozy living room
featuring a fireplace, a separate den currently used as a billiards
room, and a generous 2 car garage. Solar lease provides energy
efficiency and long term savings. The kitchen has been completely
renovated and features quartz countertops, custom built cabinetry,
and a large center island. All bathrooms have been tastefully
updated as well. Major infrastructure improvements include whole
house electric and fully updated plumbing throughout the home,
including a re-sleeve of the main sewer line, offering buyers added
peace of mind. Out front, mature fruit trees add charm and curb
appeal. The backyard is an entertainer's dream, with a stunning
pool, lush landscaping, and ample space to host and unwind. The
primary bedroom opens to a private balcony showcasing sweeping
southwestern views overlooking the entire El Cajon Valley.
Unit Size
2,114 Ft²
Days on Market
67 days
Land Size
0.30 acres
Price per sqft
$444
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1962
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (SDMLS #260009728SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 29, 2026 | Sold | ||
| Sold | |||
| May 30, 2026 | In contract | - | |
| In contract | |||
| May 24, 2026 | Price Decreased |
$939,000
↓ $10K
(1.1%) | |
| Price Decreased | |||
| Apr 23, 2026 | Listed by eXp Realty of California, Inc. | $949,000 | |
| Listed by eXp Realty of California, Inc. | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Winter Gardens
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Listed by: Michael Proctor, eXp Realty of California, Inc.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 260009728SD
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 260009728SD
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